From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2459 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, May 28 2002 Volume 02 : Number 2459 In this issue: [CANSLIM] RE: Screens of screens [CANSLIM] Re: IBD data Re: [CANSLIM] Updated CANSLIM hunting list Re: [CANSLIM] SMR Rating Re: [CANSLIM] RE: Screens of screens [CANSLIM] Watchlist size and selling stocks Re: Growth Estimates (was: [CANSLIM] Updated CANSLIM hunting list) ---------------------------------------------------------------------- Date: 28 May 2002 07:27:33 -0700 From: "Tim Fisher" Subject: [CANSLIM] RE: Screens of screens There are metascreens on The Motley Fool that do just that. At 09:03 AM 5/28/2002 -0500, you wrote: >I have been downloading a bunch of the screens of the day, and I have on my >to-do list to create a macro to run thru all of the files and create a >"super-screen" which would show a list of the stocks that have been on more >than one screen. I read a couple of weeks ago in IBD that if you keep >seeing a stock on the screens it could be a good indication that you have a >strong stock on your hands, that may be about to breakout. When I get that >done, I will happily post it up to the group. > >Thanks, > >Mike Niemotka , PE >Sr. Principal Engineer >Baxter Healthcare Corporation >Route 120 & Wilson Road >Round Lake, IL 60073 >Tel (847) 270-4075 >Fax (847) 270-4525 >michael_niemotka@baxter.com > > > > > "Duke > Miller" > > canslim@lists.xmission.com > com> cc: > > Sent by: Subject: RE: > [CANSLIM] SMR Rating > owner-canslim@lists.xm > > ission.com > > > > > > 05/25/2002 11:38 > AM > > Please respond > to > > canslim > > > > > > > > > >Your first click on Daily Screen from the home page AFTER signing in, of >course. > >Then, just above the screen itself it usually says, "Click here to download >an Excel version of today's screen." The dialog box will come up; then you >specify where you want it saved. I keep all mine in one folder, then as >they repeat titles, I just add a date to the file name before saving. That >way you can look back in time through screens to see new additions, >deletions, etc. > >Duke > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Alicia Lensing > Sent: Saturday, May 25, 2002 10:28 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > Duke: > > How does one find the Daily Screens to download? Thanks for your > help. > > Alicia > ----- Original Message ----- > From: Duke Miller > To: canslim@lists.xmission.com > Sent: Friday, May 24, 2002 4:19 PM > Subject: RE: [CANSLIM] SMR Rating > > Screen title does say SMR=A; but when you download the spreadsheet > and open it, they're numerical. FYI, A = 80-99. > > Note to all: If you haven't downloaded the Daily Screens, might want > to give it a try. Lots more info therein on each, which you can > manipulate with sorts, etc. > > Duke > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine > Malm > Sent: Friday, May 24, 2002 9:39 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > News to me...their screen title says: > > Up/Down Vol >= 1.0, EPS, RS Rating >= 80, Acc/Dis at least B-, > Group RS at least A-, SMR = A > > But, I'd bet that there's a raw score for SMR in their database > in the same way there's a raw score for Group RS, etc. We > non-paying peons have to live with ABCDE! > > Here's a similar breakdown on Group RS, where all three numbers > are derived from the same calculations: > Group RS (DGO) Group Ranking (DGO, IBD, > Investors.com) IBD Ranking (IBD and investors.com) > ** > 80-99 > A > 1-40 > 60-79 > B > 41-80 > 40-59 > C > 81-120 > 20-39 > D > 121-160 > <20 > E > 161-197 > * *These are not "official" divisions, but my most reasonable > guess. > > Katherine > ----- Original Message ----- > From: Duke Miller > To: CANSLIM > Sent: Friday, May 24, 2002 7:32 AM > Subject: [CANSLIM] SMR Rating > > > > Have I been missing something, or are numerical SMR's something > new? The latest Screen of the Day (most likely yesterday's, I > was golfing all day), when downloaded in spreadsheet form, uses > these. > > Duke > > > > Everybody should believe in something - I believe I'll have > another glass of great wine! > > > > > > > > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: 28 May 2002 07:28:21 -0700 From: "Tim Fisher" Subject: [CANSLIM] Re: IBD data Thats why I post QP data they are more than thankful for the free advertising. At 09:15 AM 5/28/2002 -0500, you wrote: >Hi Mike, > >Just a reminder that the SMR, EPS, RS, etc. are proprietary rankings and >can't be posted to a public forum. Trust me, you'll get a call from the >IBD/DGO lawyers as they monitor this (an similar lists) very closely so as >to protect their intellectual property. > >Katherine >----- Original Message ----- >From: michael_niemotka@baxter.com >To: canslim@lists.xmission.com >Sent: Tuesday, May 28, 2002 9:03 AM >Subject: RE: [CANSLIM] SMR Rating > > > >I have been downloading a bunch of the screens of the day, and I have on my >to-do list to create a macro to run thru all of the files and create a >"super-screen" which would show a list of the stocks that have been on more >than one screen. I read a couple of weeks ago in IBD that if you keep >seeing a stock on the screens it could be a good indication that you have a >strong stock on your hands, that may be about to breakout. When I get that >done, I will happily post it up to the group. > >Thanks, > >Mike Niemotka , PE >Sr. Principal Engineer >Baxter Healthcare Corporation >Route 120 & Wilson Road >Round Lake, IL 60073 >Tel (847) 270-4075 >Fax (847) 270-4525 >michael_niemotka@baxter.com > > > > > > "Duke > Miller" > > <dukemill@tampabay.rr. > To: > canslim@lists.xmission.com > > com> cc: > > Sent by: Subject: RE: > [CANSLIM] SMR Rating > owner-canslim@lists.xm > > ission.com > > > > > > 05/25/2002 11:38 > AM > > Please respond > to > > canslim > > > > > > > > > > > > >Your first click on Daily Screen from the home page AFTER signing in, of >course. > >Then, just above the screen itself it usually says, "Click here to download >an Excel version of today's screen." The dialog box will come up; then you >specify where you want it saved. I keep all mine in one folder, then as >they repeat titles, I just add a date to the file name before saving. That >way you can look back in time through screens to see new additions, >deletions, etc. > >Duke > -----Original Message----- > From: > owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Alicia Lensing > Sent: Saturday, May 25, 2002 10:28 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > Duke: > > How does one find the Daily Screens to download? Thanks for your > help. > > Alicia > ----- Original Message ----- > From: Duke Miller > To: canslim@lists.xmission.com > Sent: Friday, May 24, 2002 4:19 PM > Subject: RE: [CANSLIM] SMR Rating > > Screen title does say SMR=A; but when you download the spreadsheet > and open it, they're numerical. FYI, A = 80-99. > > Note to all: If you haven't downloaded the Daily Screens, might want > to give it a try. Lots more info therein on each, which you can > manipulate with sorts, etc. > > Duke > -----Original Message----- > From: > owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine > Malm > Sent: Friday, May 24, 2002 9:39 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > News to me...their screen title says: > > Up/Down Vol >= 1.0, EPS, RS Rating >= 80, Acc/Dis at least B-, > Group RS at least A-, SMR = A > > But, I'd bet that there's a raw score for SMR in their database > in the same way there's a raw score for Group RS, etc. We > non-paying peons have to live with ABCDE! > > Here's a similar breakdown on Group RS, where all three numbers > are derived from the same calculations: > Group RS (DGO) Group Ranking (DGO, IBD, > Investors.com) IBD Ranking (IBD and investors.com) > ** > 80-99 > A > 1-40 > 60-79 > B > 41-80 > 40-59 > C > 81-120 > 20-39 > D > 121-160 > <20 > E > 161-197 > * *These are not "official" divisions, but my most reasonable > guess. > > Katherine > ----- Original Message ----- > From: Duke Miller > To: CANSLIM > Sent: Friday, May 24, 2002 7:32 AM > Subject: [CANSLIM] SMR Rating > > > > > > Have I been missing something, or are numerical SMR's something > new? The latest Screen of the Day (most likely yesterday's, I > was golfing all day), when downloaded in spreadsheet form, uses > these. > > Duke > > > > > > Everybody should believe in something - I believe I'll have > another glass of great wine! > > > > > > > > > > > > > > > > > > > >- >-To subscribe/unsubscribe, email >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 09:12:06 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] Updated CANSLIM hunting list I'll add my 2 cents worth on the subject... When you are first starting out, like I am, with a 3,000 capital pool, it is hard to justify paying a site $40.00 a month for data, research, whatever. I have found two nice programs that are free, that you may want to consider. The first is MedVed QuoteTracker. I think the website is Quotetracker.com, but if you search on the net, I am sure you will find it. You can set up your portfolio, and watch lists in it, and hook into free (delayed) daily price quotes, set up alerts, etc. It also allows you to link to other sites for historic charts (bigcharts, etc), link to news on the stocks, and has a great all in one way to search message boards for each stock. The second program is FCharts SE which can be found on spackjock.com. It is also free, and it is a charting program. What is nice is that you can download data for your stocks, then operate the program offline. I use this to download data on stocks I want to start watching, based on fundamentals, and then I can study the chart patterns later without having to be online. I do subscribe to IBD, and really think it is useful as you are starting out. Now my biggest problem is trying to keep my watchlist size to a reasonable level!!! Hope this helps Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com Chazmoore@aol.com Sent by: To: canslim@lists.xmission.com owner-canslim@lists.xm cc: ission.com Subject: Re: [CANSLIM] Updated CANSLIM hunting list 05/25/2002 02:21 PM Please respond to canslim Chris: You pose an interesting question and I am sure it varies significantly from one investor to the next. For example, some think a subscription to DGO is expensive but I am so dependent upon it, the cost has little meaning to me. On the other hand, I will never pay another cent for a research report by a broker, nor would I pay for real time streaming stock quotations. I subscribe to IBD, and enjoy the market updates and articles, but I could get along without it. I am not sure I could express "tool cost," as a percentage of my investment capital. That doesn't seem to be the point. If you find a tool that is dependable, and reduces research time, then the cost is meaningless as long as it permits you to be profitable over time. Obviously there is a point of diminishing benefit. If you only make one or two trades a month you may not be able to justify very much in the way of research tools. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 09:33:24 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] SMR Rating Katherine, Thanks for that valuable info!!! I certainly don't need calls from attorneys!!!! I guess what I could do is post a list of companies alone, that fall on multiple screens. Do you think the lawyers would be all over me if I post a spreadsheet that merely manipulates the screens of the day? My thinking is that someone could only use my spreadsheet if they subscribed to IBD to get the screens of the day.... Don't you run into a similar problem with the spreadsheet you posted? I thought it had some columns that were IBD related. Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Katherine Malm" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: Re: [CANSLIM] SMR Rating ission.com 05/28/2002 09:15 AM Please respond to canslim Hi Mike, Just a reminder that the SMR, EPS, RS, etc. are proprietary rankings and can't be posted to a public forum. Trust me, you'll get a call from the IBD/DGO lawyers as they monitor this (an similar lists) very closely so as to protect their intellectual property. Katherine ----- Original Message ----- From: michael_niemotka@baxter.com To: canslim@lists.xmission.com Sent: Tuesday, May 28, 2002 9:03 AM Subject: RE: [CANSLIM] SMR Rating I have been downloading a bunch of the screens of the day, and I have on my to-do list to create a macro to run thru all of the files and create a "super-screen" which would show a list of the stocks that have been on more than one screen. I read a couple of weeks ago in IBD that if you keep seeing a stock on the screens it could be a good indication that you have a strong stock on your hands, that may be about to breakout. When I get that done, I will happily post it up to the group. Thanks, Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Duke Miller" cc: Sent by: Subject: RE: [CANSLIM] SMR Rating owner-canslim@lists.xm ission.com 05/25/2002 11:38 AM Please respond to canslim Your first click on Daily Screen from the home page AFTER signing in, of course. Then, just above the screen itself it usually says, "Click here to download an Excel version of today's screen." The dialog box will come up; then you specify where you want it saved. I keep all mine in one folder, then as they repeat titles, I just add a date to the file name before saving. That way you can look back in time through screens to see new additions, deletions, etc. Duke -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Alicia Lensing Sent: Saturday, May 25, 2002 10:28 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] SMR Rating Duke: How does one find the Daily Screens to download? Thanks for your help. Alicia ----- Original Message ----- From: Duke Miller To: canslim@lists.xmission.com Sent: Friday, May 24, 2002 4:19 PM Subject: RE: [CANSLIM] SMR Rating Screen title does say SMR=A; but when you download the spreadsheet and open it, they're numerical. FYI, A = 80-99. Note to all: If you haven't downloaded the Daily Screens, might want to give it a try. Lots more info therein on each, which you can manipulate with sorts, etc. Duke -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Friday, May 24, 2002 9:39 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] SMR Rating News to me...their screen title says: Up/Down Vol >= 1.0, EPS, RS Rating >= 80, Acc/Dis at least B-, Group RS at least A-, SMR = A But, I'd bet that there's a raw score for SMR in their database in the same way there's a raw score for Group RS, etc. We non-paying peons have to live with ABCDE! Here's a similar breakdown on Group RS, where all three numbers are derived from the same calculations: Group RS (DGO) Group Ranking (DGO, IBD, Investors.com) IBD Ranking (IBD and investors.com) ** 80-99 A 1-40 60-79 B 41-80 40-59 C 81-120 20-39 D 121-160 <20 E 161-197 * *These are not "official" divisions, but my most reasonable guess. Katherine ----- Original Message ----- From: Duke Miller To: CANSLIM Sent: Friday, May 24, 2002 7:32 AM Subject: [CANSLIM] SMR Rating Have I been missing something, or are numerical SMR's something new? The latest Screen of the Day (most likely yesterday's, I was golfing all day), when downloaded in spreadsheet form, uses these. Duke Everybody should believe in something - I believe I'll have another glass of great wine! - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 09:34:31 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] RE: Screens of screens The Motley fool posts screens of IBD data? That somehow seems wrong. Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Tim Fisher" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: [CANSLIM] RE: Screens of screens ission.com 05/28/2002 09:27 AM Please respond to canslim There are metascreens on The Motley Fool that do just that. At 09:03 AM 5/28/2002 -0500, you wrote: >I have been downloading a bunch of the screens of the day, and I have on my >to-do list to create a macro to run thru all of the files and create a >"super-screen" which would show a list of the stocks that have been on more >than one screen. I read a couple of weeks ago in IBD that if you keep >seeing a stock on the screens it could be a good indication that you have a >strong stock on your hands, that may be about to breakout. When I get that >done, I will happily post it up to the group. > >Thanks, > >Mike Niemotka , PE >Sr. Principal Engineer >Baxter Healthcare Corporation >Route 120 & Wilson Road >Round Lake, IL 60073 >Tel (847) 270-4075 >Fax (847) 270-4525 >michael_niemotka@baxter.com > > > > > "Duke > Miller" > > canslim@lists.xmission.com > com> cc: > > Sent by: Subject: RE: > [CANSLIM] SMR Rating > owner-canslim@lists.xm > > ission.com > > > > > > 05/25/2002 11:38 > AM > > Please respond > to > > canslim > > > > > > > > > >Your first click on Daily Screen from the home page AFTER signing in, of >course. > >Then, just above the screen itself it usually says, "Click here to download >an Excel version of today's screen." The dialog box will come up; then you >specify where you want it saved. I keep all mine in one folder, then as >they repeat titles, I just add a date to the file name before saving. That >way you can look back in time through screens to see new additions, >deletions, etc. > >Duke > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Alicia Lensing > Sent: Saturday, May 25, 2002 10:28 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > Duke: > > How does one find the Daily Screens to download? Thanks for your > help. > > Alicia > ----- Original Message ----- > From: Duke Miller > To: canslim@lists.xmission.com > Sent: Friday, May 24, 2002 4:19 PM > Subject: RE: [CANSLIM] SMR Rating > > Screen title does say SMR=A; but when you download the spreadsheet > and open it, they're numerical. FYI, A = 80-99. > > Note to all: If you haven't downloaded the Daily Screens, might want > to give it a try. Lots more info therein on each, which you can > manipulate with sorts, etc. > > Duke > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine > Malm > Sent: Friday, May 24, 2002 9:39 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SMR Rating > > News to me...their screen title says: > > Up/Down Vol >= 1.0, EPS, RS Rating >= 80, Acc/Dis at least B-, > Group RS at least A-, SMR = A > > But, I'd bet that there's a raw score for SMR in their database > in the same way there's a raw score for Group RS, etc. We > non-paying peons have to live with ABCDE! > > Here's a similar breakdown on Group RS, where all three numbers > are derived from the same calculations: > Group RS (DGO) Group Ranking (DGO, IBD, > Investors.com) IBD Ranking (IBD and investors.com) > ** > 80-99 > A > 1-40 > 60-79 > B > 41-80 > 40-59 > C > 81-120 > 20-39 > D > 121-160 > <20 > E > 161-197 > * *These are not "official" divisions, but my most reasonable > guess. > > Katherine > ----- Original Message ----- > From: Duke Miller > To: CANSLIM > Sent: Friday, May 24, 2002 7:32 AM > Subject: [CANSLIM] SMR Rating > > > > Have I been missing something, or are numerical SMR's something > new? The latest Screen of the Day (most likely yesterday's, I > was golfing all day), when downloaded in spreadsheet form, uses > these. > > Duke > > > > Everybody should believe in something - I believe I'll have > another glass of great wine! > > > > > > > > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 09:14:46 -0500 From: michael_niemotka@baxter.com Subject: [CANSLIM] Watchlist size and selling stocks Hi all, Here is a couple of questions: 1. How large of a watch list do people typically track? 2. How long do you hold onto a stock that you bought on an apparent breakout, that does not seem to be following thru? I ask, because recently I got into PEET, and it seems to have stalled. and I am wondering if I should get out now with my 3% loss and find a better home for the capital, rather than waiting until I hit my 7% stop loss. Any thoughts? Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 08:26:33 -0600 From: "xjadair" Subject: Re: Growth Estimates (was: [CANSLIM] Updated CANSLIM hunting list) This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C20621.5FCE2CB0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Do you really believe any of the projected growth estimates are worth = anything. I would be more surprised if any matched and are there any = studies to indicate past performance of the projected growth rates. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 27, 2002 9:07 PM Subject: Re: Growth Estimates (was: [CANSLIM] Updated CANSLIM hunting = list) Hi SRP, I don't use the QP2 data, so folks using it may have a more definitive = answer as to what they have found useful. But...your question got me to wondering how the QP2 projections = matched what I use in VectorVest. In VV, there is a forward growth = parameter (GRT) which indicates the annual projected growth for "the = next 1 to 3 years." I always use GRT>=3D15 in my own stock selection = criteria. I asked a friend who uses QP2 to forward the data for approx 3000 = stocks with prices >=3D $6. I then ran a test to see how things compared = between my numbers and the QP2 projected numbers. I deleted a lot of the = stocks on the list because QP2 had 0% or 9999% for many of them. I then = did a simple "toggle" test for GRT>=3D15, yes or no. Then did the same = for each of the QP2 projected numbers (>=3D15%, yes or no). I then = counted up the Yes/No matches between QP2 and VV. Here are the results: Using %EPS Proj CFY: 59% matched Using %EPS Proj 3-5 yrs: 62% matched Using %EPS Proj NFY: 57% matched Using a test where any one of the above 3 projected was >=3D15%: 47% = matched. I don't know what to tell you beyond that, but the using any of the = QP2 projected numbers, the differences are marked, so couldn't draw any = conclusions based on the tests I ran. Katherine ----- Original Message -----=20 From: SRP Singh=20 To: canslim@lists.xmission.com=20 Sent: Friday, May 24, 2002 3:33 PM Subject: Re: [CANSLIM] Updated CANSLIM hunting list Hi Katherine and ALL, Thanks for your reply. it really helps. I've the following items in my filter to arrive at forward growth rates cutoff. If %EPS Proj CFY >=3D 15.0 Or %EPS Proj CFY =3D 0.0 Or %EPS Proj NFY >=3D 20.0 It means projected/estimated EPS growth for Current Financial Year (CFY) should be greater than or equal to 15%=20 or=20 the same equal to zero as some stocks may not have any estimate or Projectd EPS growth for Next Financial Year (NFY) should be greater than or equal to 20 % Is this a valid way to filter out lower growth stocks ? or Should one use Current QUARTER (instead of Year) and Next QUARTER estimates? One can also take last 6 months actual EPS growth and extrapolate to arrive at next 6 month expected growth.=20 Which is the more valid way to arrive at growth figure ? Thanks, SRP --- Katherine Malm wrote: > Hi SRP, >=20 > 1. To find out if the RS Line is increasing, I > simply run a calculation based on the price today > vs. 26 weeks ago. The RS Line compares the price of > the stock to the S&P500 on that date and then plots > it. To be accurate, I should have said that I've > included stocks where the RS Line is not decreasing. > That is, I included anything where the RS Line was > the same or higher over 26 weeks. The calculation is > as follows: (Pn =3D Price now, P26 =3D Price 26 wks ago, > SPXn =3D SPX now, SPX26 =3D SPX 26 wks ago): >=20 > % Inc in RS Line 26 wks =3D (Pn/SPXn - P26/SPX26) / > (P26/SPX26) >=20 > The line you see on the DGO or IBD charts is a plot > of this relationship between Price & SPX over time > and is *not* a plot of the RS Ranking (1-99) over > time. That is, it tells you how the price of the > stock is doing relative to the S&P500. The RS > Ranking tells you how the stock is performing vs. > all other stocks based on price appreciation over > the last 12 months (based on 40% current quarter and > 20% for each of the previous quarters). >=20 > 2. D/E is Debt to Equity. Or, what some people > simply call the Debt Ratio. I like it to be <=3D50%, > but don't use it as a filter, just a weigh-in > factor. Reasons are numerous, including errors in > the data sources, the norm for the industry, etc. >=20 > Katherine > ----- Original Message -----=20 > From: SRP Singh=20 > To: canslim@lists.xmission.com=20 > Sent: Friday, May 24, 2002 12:20 PM > Subject: Re: [CANSLIM] Updated CANSLIM hunting > list >=20 >=20 > Hi Katherine, >=20 > Thanks for sharing spreadsheet. I've 2 questions > though. >=20 > 1. How or where do you get value for "an > increasing RS > Line for the last 26 wks" ? I can see the RS Line > at > charts in investors.com but how do you use it in > the > filter ? >=20 >=20 > 2. In one of your earlier mails you've mentioned > that > you prefer the following values : > ROE (prefer >=3D17%) > D/E (prefer <=3D50%) >=20 > Is this D/E is typo ? Should it be P/E ? Please > excuse > my ignorance. >=20 > Thanks, > SRP >=20 >=20 > --- Katherine Malm wrote: > > Hi All, > >=20 > > I've uploaded a more current spreadsheet with > links > > containing "CANSLIM hunting ground" stocks. > >=20 > > All stocks have forward growth rates >=3D15, have > an > > increasing RS Line for the last 26 wks, current > > RS>=3D60, Price>=3D200dMA, Price>=3D(-15%) of 50dMA, > A/D > > not D or E. Some stocks will slip through that > don't > > meet all the technical requirements because, > when > > data is missing, I let them pass. > >=20 > > Most stocks included have Price>=3D6, though some > > small fry slip through. Most AvgVols are >=3D30K, > > though again, some lower ADV's are included. > >=20 > > Stocks to be merged/acquired are not included. > >=20 > > Data current as of 5/22/02 > >=20 > > You'll find the spreadsheet at: =20 > > > =20 > http://WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip > >=20 > > Happy Hunting, > > Katherine > >=20 > > PS Industries are NOT from DGO, so you will see > some > > differences between the industries identified > here > > and those as they are identified in DGO. > >=20 >=20 >=20 > __________________________________________________ > Do You Yahoo!? > LAUNCH - Your Yahoo! Music Experience > http://launch.yahoo.com >=20 > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. >=20 >=20 __________________________________________________ Do You Yahoo!? LAUNCH - Your Yahoo! Music Experience http://launch.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0010_01C20621.5FCE2CB0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Do you really believe any of the = projected growth=20 estimates are worth anything. I would be more surprised if any matched=20 and are there any studies to indicate past performance of the = projected=20 growth rates.
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, May 27, 2002 9:07 = PM
Subject: Re: Growth Estimates = (was:=20 [CANSLIM] Updated CANSLIM hunting list)

Hi SRP,
 
I don't use the QP2 data, so folks using it may have a more = definitive=20 answer as to what they have found useful.
 
But...your question got me to wondering how the QP2 projections = matched=20 what I use in VectorVest. In VV, there is a forward growth parameter = (GRT)=20 which indicates the annual projected growth for "the next 1 to 3 = years." I=20 always use GRT>=3D15 in my own stock selection criteria.
 
I asked a friend who uses QP2 to forward the data for approx 3000 = stocks=20 with prices >=3D $6. I then ran a test to see how things compared = between my=20 numbers and the QP2 projected numbers. I deleted a lot of the stocks = on the=20 list because QP2 had 0% or 9999% for many of them. I then did a simple = "toggle" test for GRT>=3D15, yes or no. Then did the same for each = of the QP2=20 projected numbers (>=3D15%, yes or no). I then counted up the = Yes/No matches=20 between QP2 and VV. Here are the results:
 
Using %EPS Proj CFY: 59% matched
Using %EPS Proj 3-5 yrs: 62% matched
Using %EPS Proj NFY: 57% matched
Using a test where any one of the above 3 projected was = >=3D15%: 47% matched.
 
I don't know what to tell you beyond that, but the using any of = the QP2=20 projected numbers, the differences are marked, so couldn't draw any=20 conclusions based on the tests I ran.
 
Katherine
----- Original Message -----
From:=20 SRP=20 Singh
Sent: Friday, May 24, 2002 = 3:33=20 PM
Subject: Re: [CANSLIM] = Updated CANSLIM=20 hunting list

Hi Katherine and=20 ALL,
         Thanks for = your=20 reply. it really helps.

I've the following items in my filter = to=20 arrive at
forward growth rates cutoff.

If %EPS Proj CFY = >=3D=20 15.0
Or %EPS Proj CFY =3D 0.0
Or %EPS Proj NFY >=3D = 20.0

It=20 means projected/estimated EPS growth for Current
Financial Year = (CFY)=20 should be greater than or equal
to 15%
or
the same equal = to zero=20 as some stocks may not have any
estimate
or Projectd EPS = growth for=20 Next Financial Year (NFY)
should be greater than or equal to 20=20 %

Is this a valid way to filter out lower growth stocks
? = or=20 Should one use Current QUARTER (instead of Year)
and Next QUARTER = estimates? One can also take last 6
months actual EPS growth and=20 extrapolate to arrive at
next 6 month expected growth. =

Which is=20 the more valid way to arrive at growth=20 figure
?

Thanks,
SRP



--- Katherine Malm = <kmalm@earthlink.net> = wrote:
>=20 Hi SRP,
>
> 1. To find out if the RS Line is = increasing,=20 I
> simply run a calculation based on the price today
> = vs. 26=20 weeks ago. The RS Line compares the price of
> the stock to = the=20 S&P500 on that date and then plots
> it. To be accurate, I = should=20 have said that I've
> included stocks where the RS Line is not = decreasing.
> That is, I included anything where the RS Line=20 was
> the same or higher over 26 weeks. The calculation = is
> as=20 follows: (Pn =3D Price now, P26 =3D Price 26 wks ago,
> SPXn = =3D SPX now,=20 SPX26 =3D SPX 26 wks ago):
>
> % Inc in RS Line 26 wks = =3D (Pn/SPXn=20 - P26/SPX26) /
> (P26/SPX26)
>
> The line you see = on the=20 DGO or IBD charts is a plot
> of this relationship between = Price &=20 SPX over time
> and is *not* a plot of the RS Ranking (1-99)=20 over
> time. That is, it tells you how the price of = the
> stock=20 is doing relative to the S&P500. The RS
> Ranking tells = you how=20 the stock is performing vs.
> all other stocks based on price=20 appreciation over
> the last 12 months (based on 40% current = quarter=20 and
> 20% for each of the previous quarters).
>
> = 2. D/E=20 is Debt to Equity. Or, what some people
> simply call the Debt = Ratio.=20 I like it to be <=3D50%,
> but don't use it as a filter, = just a=20 weigh-in
> factor. Reasons are numerous, including errors = in
>=20 the data sources, the norm for the industry, etc.
>
>=20 Katherine
>   ----- Original Message -----=20
>   From: SRP Singh
>   To: canslim@lists.xmission.com= =20
>   Sent: Friday, May 24, 2002 12:20 = PM
>  =20 Subject: Re: [CANSLIM] Updated CANSLIM hunting
> list
> =
>=20
>   Hi Katherine,
> =
>    =20 Thanks for sharing spreadsheet. I've 2 questions
>   = though.
>
>   1. How or where do you get = value for=20 "an
> increasing RS
>   Line for the last 26 = wks" ? I=20 can see the RS Line
> at
>   charts in = investors.com=20 but how do you use it in
> the
>   filter = ?
>=20
>
>   2. In one of your earlier mails you've = mentioned
> that
>   you prefer the following = values=20 :
>   ROE (prefer >=3D17%)
>   = D/E (prefer=20 <=3D50%)
>
>   Is this D/E is typo ? = Should it be=20 P/E ? Please
> excuse
>   my = ignorance.
>=20
>   Thanks,
>   SRP
> =
>=20
>   --- Katherine Malm <kmalm@earthlink.net>=20 wrote:
>   > Hi All,
>   >=20
>   > I've uploaded a more current spreadsheet=20 with
> links
>   > containing "CANSLIM = hunting=20 ground" stocks.
>   >
>   > = All=20 stocks have forward growth rates >=3D15, have
>=20 an
>   > increasing RS Line for the last 26 wks,=20 current
>   > RS>=3D60, Price>=3D200dMA,=20 Price>=3D(-15%) of 50dMA,
> A/D
>   > = not D or E.=20 Some stocks will slip through that
> don't
>   = >=20 meet all the technical requirements because,
>=20 when
>   > data is missing, I let them=20 pass.
>   >
>   > Most stocks = included have Price>=3D6, though some
>   > = small fry=20 slip through. Most AvgVols are >=3D30K,
>   > = though=20 again, some lower ADV's are included.
>   >=20
>   > Stocks to be merged/acquired are not=20 included.
>   >
>   > Data = current as=20 of 5/22/02
>   >
>   > You'll = find=20 the spreadsheet at: 
>   >
> =20
>
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip
> &n= bsp;=20 >
>   > Happy Hunting,
>   = >=20 Katherine
>   >
>   > PS = Industries=20 are NOT from DGO, so you will see
> some
>   = >=20 differences between the industries identified
>=20 here
>   > and those as they are identified in=20 DGO.
>   >
>
>
>   = = __________________________________________________
>   = Do=20 You Yahoo!?
>   LAUNCH - Your Yahoo! Music=20 Experience
>   http://launch.yahoo.com
> =
>   -
>   -To = subscribe/unsubscribe,=20 email
> "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>   = -"unsubscribe canslim".  Do not use quotes in your
>=20 email.
>
>=20


__________________________________________________
Do = You=20 Yahoo!?
LAUNCH - Your Yahoo! Music Experience
http://launch.yahoo.com

-
= - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_0010_01C20621.5FCE2CB0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2459 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.