From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #264 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Monday, June 1 1998 Volume 02 : Number 264 In this issue: [CANSLIM] S&P futures [CANSLIM] Connie Mack TA & "M" [CANSLIM] Tim's New CASLI Scan Results [CANSLIM] RE: Lucent - Tom [CANSLIM] Source for U.S.Indices. [CANSLIM] FreeEDGAR(SEC Filings) Re: [CANSLIM] Source for U.S.Indices--Alternative Re: [CANSLIM] Tim's New CASLI Scan Results [CANSLIM] Market Re: [CANSLIM] Source for U.S.Indices. Re: [CANSLIM] Source for U.S.Indices. Re: [CANSLIM] Source for U.S.Indices. [CANSLIM] OBV/MF shorts. Re: [CANSLIM] Source for U.S.Indices--Yahoo [CANSLIM] What's Hot - My Watch List [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] Source for U.S.Indices--Yahoo [CANSLIM] Napeague Letter [CANSLIM] Re. Analyzing the Market Re: [CANSLIM] Source for U.S.Indices--Yahoo Re: [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] Napeague Letter Re: [CANSLIM] Napeague Letter Re: [CANSLIM] Index Volume--Bill and Tim Re: [CANSLIM] Market [CANSLIM] Seasonal Tendencies Re: [CANSLIM] Source for U.S.Indices. Re: [CANSLIM] Seasonal Tendencies--Patrick Re: [CANSLIM] What's Hot - My Watch List [CANSLIM] Re: WON Seminar - June 6 Re: [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] RE: Lucent - Tom Re: [CANSLIM] RE: Lucent - Tom Re: [CANSLIM] Market Re: [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] What's Hot - My Watch List Re: [CANSLIM] OBV/MF shorts - STO ---------------------------------------------------------------------- Date: Sun, 31 May 1998 21:03:48 -0800 From: "Patrick Wahl" Subject: [CANSLIM] S&P futures This can always change of course, but right now, around midnight eastern, the S&P futures are at a 4 point discount to cash, meaning a 6.5 point discount to fair value. In Dow terms, indicating maybe 50 or 60 points down on the open. - - ------------------------------ Date: Mon, 01 Jun 1998 06:24:03 -0400 From: Jeffry White <"postwhit@sover.net"@sover.net> Subject: [CANSLIM] Connie Mack TA & "M" > Jeffry thought I was a bit late to turn bear. I have, however, earlier > said that I had a "gut feeling" about the market that made me "uneasy." > As a result of the uneasiness, I sold the entire account "short against > the box," which means that I sold short stock that I already owned > rather than shorting stock that my broker would have had to borrow. I forgot about your "gut". Thanks for reminding me, wish we could chart it!!! ;) As I recall, it's not the first time that indicator has been on the money. Seriously. Jeffry - - ------------------------------ Date: Mon, 1 Jun 1998 08:57:48 -0400 From: "Deral Rackley" Subject: [CANSLIM] Tim's New CASLI Scan Results Tim Fisher: Tim I appreciate your sharing your scan. I am still fairly new to this list and am trying to translate abbreviations and sources of information. I use IBD and DG as sources of information and have started to look up various web sites mentioned by this group as sources of information. I have been studying your CASLI scan and have a few questions. Please don't take offense at these questions, I realize that I am probably looking at the wrong source relative to what you are doing and I do want to understand your scan. "Percentile rank within the industry sector": Is this the same as industry group in IBD & DG. Do you base your percentile ranking off of the 5 year growth rate from DG or a calculation from SEC filings or some other source. Please explain: QEPS 0/-4; QEPS -1/-5; QEPS -2/-6, etc. I figured out the Quarterly Earnings Per Share part...I think that "0" is last quarter reported...but /-x ???? ADV ??? GRS RS- I think this is group relative strength; but you show 95% for tmbs vs. 80% in DG; Ref. your "New CASLI" scan for Shares Outstanding >25 million....yet many of the stocks listed have Shares Outstanding <25 million (ex. TMBS, APCO) Thanks Deral - - ------------------------------ Date: Mon, 1 Jun 1998 08:12:42 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] RE: Lucent - Tom Tom, In discussing how you proceed in your research, you mentioned the SEC site. Where do I find this? Also, when you say tech indications, are you referring to the study of charts? Thanks for your help. Regards, Mary Keener - - ------------------------------ Date: Mon, 01 Jun 1998 09:26:52 -0400 From: Connie Mack Rea Subject: [CANSLIM] Source for U.S.Indices. Members-- Good site for dozens of indices: http://www.dbc.com/cgi-bin/htx.exe/dbcfiles/indexus.html?SOURCE=DBCC Connie Mack - - ------------------------------ Date: Mon, 01 Jun 1998 06:43:40 PDT From: "Charles Morgan" Subject: [CANSLIM] FreeEDGAR(SEC Filings) Here are a couple of web sites for SEC filings. http://www.sec.gov/edgarhp.htm http://www.freeedgar.com/ Chuck ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Mon, 1 Jun 1998 07:07:26 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Source for U.S.Indices--Alternative BigCharts also provides indices and you can use keywords to find whatever indices are focused on your interest. For instance, you can enter "health" and you'll receive a list of all indices relating to that keyword. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 07:45:48 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] Tim's New CASLI Scan Results At 08:57 AM 6/1/98 -0400, you wrote: >Tim Fisher: > >"Percentile rank within the industry sector": Is this the same as industry >group in IBD & DG. Do you base your percentile ranking off of the 5 year >growth rate from DG or a calculation from SEC filings or some other source. > No, it's Zacks Industry Sector, list aailable on their web site or on Yahoo. >Please explain: QEPS 0/-4; QEPS -1/-5; QEPS -2/-6, etc. I figured out the >Quarterly Earnings Per Share part...I think that "0" is last quarter >reported...but /-x ???? > They are the Same Quarter Last Year (SQLY) EPS comparisons. >ADV ??? > Average Daily Volume in thousands >GRS RS- I think this is group relative strength; but you show 95% for tmbs >vs. 80% in DG; > Again, compared to Zacks industry sectors, not DG's. Also only looks at the past 24 weeks, not a weighted formula like DG's. >Ref. your "New CASLI" scan for Shares Outstanding >25 million....yet many of >the stocks listed have Shares Outstanding <25 million (ex. TMBS, APCO) > A mistake, should have been less than 50 million shares out. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Mon, 01 Jun 1998 08:51:10 PDT From: "Charles Morgan" Subject: [CANSLIM] Market Everybody, I have noticed that as of 1130 EST that the utility average is up over 2%. I believe that most of this move is because of electric utilities stock prices(I checked a number of issues from electric,water,gas,telephone). My opinion is that this move may be some people thinking that it will be a hot summer-therefore increased earnings. But it also could be that with interest rates moving lower(i.e. less interest for ye olde savings account and CD's) people are looking for the yields and growth from relatively safe utility stocks. I would like to know any other opinions on this increase of the utility average. Chuck ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Mon, 1 Jun 1998 08:55:19 -0700 From: Bill Subject: Re: [CANSLIM] Source for U.S.Indices. I like http://quote.yahoo.com/ You can customize your page with whatever index you are following - and all in REAL TIME! I created a portfolio of 40 symbols and when the market opens, I can immediately tell what is hot and what is not. Bill-->> _____________________________ At 6:26 AM -0700 6/1/98, Connie Mack Rea wrote: >Members-- > >Good site for dozens of indices: > > http://www.dbc.com/cgi-bin/htx.exe/dbcfiles/indexus.html?SOURCE=DBCC > >Connie Mack > > >- - - ------------------------------ Date: Mon, 1 Jun 1998 08:55:19 -0700 From: Bill Subject: Re: [CANSLIM] Source for U.S.Indices. I like http://quote.yahoo.com/ You can customize your page with whatever index you are following - and all in REAL TIME! I created a portfolio of 40 symbols and when the market opens, I can immediately tell what is hot and what is not. Bill-->> _____________________________ At 6:26 AM -0700 6/1/98, Connie Mack Rea wrote: >Members-- > >Good site for dozens of indices: > > http://www.dbc.com/cgi-bin/htx.exe/dbcfiles/indexus.html?SOURCE=DBCC > >Connie Mack > > >- - - ------------------------------ Date: Mon, 01 Jun 1998 09:11:37 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Source for U.S.Indices. Not real time - 20 minutes delayed or more. This morning the Yahoo DJI, NYA, and RUT quotes were at 0 (unchanged) at 8AM Pacific time. Only the SPX and NAS quotes were reasonably timely. Unconscionable, but unfortunately par-for-the-course on Yahoo. And, they do not provide market volume. If you want reliable, real-time market index quotes, shop elsewhere. At 08:55 AM 6/1/98 , you wrote: >I like http://quote.yahoo.com/ > >You can customize your page with whatever index you are following - and all >in REAL TIME! I created a portfolio of 40 symbols and when the market >opens, I can immediately tell what is hot and what is not. > >Bill-->> Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites mailto:Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 01 Jun 1998 12:17:58 -0400 From: Connie Mack Rea Subject: [CANSLIM] OBV/MF shorts. Members-- I have this morning shorted AEH and STO on the basis of OBV/MF weakness. I am looking for other shorts and and continue to look for longs when the correction ends. I have no long positions of any significance. Connie Mack - - ------------------------------ Date: Mon, 1 Jun 1998 09:18:15 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Source for U.S.Indices--Yahoo <> There were problems with Yahoo quotes this morning, but no provider is ever without glitch. And Yahoo does provide volume for all indices that report volume. Don't mean to be argumentative, but I'm looking at it even as we speak. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 09:45:06 -0700 From: Bill Subject: [CANSLIM] What's Hot - My Watch List Mon Jun 1 12:38PM Eastern U.S. Time -- U.S. Markets close in 3 hours 23 minutes. Change Symbol Name Last Trade Chg Value Change Prev Cls Day's Range +2.78% ^DJU DJ UTIL AVERAGE 12:37PM 292.56 +7.91 - +2.78% 284.65 284.04 - 293.30 +1.56% ^RLX S&P RETAIL NDX 12:37PM 687.50 +10.58 - +1.56% 676.92 676.42 - 688.40 +1.11% ^IUX S&P INSURANCE 12:37PM 640.14 +7.00 - +1.11% 633.14 632.07 - 641.43 +0.93% ^BIX S&P BANK INDEX 12:37PM 712.01 +6.53 - +0.93% 705.48 702.40 - 713.54 +0.67% ^DJI DJ INDU AVERAGE 12:37PM8959.24 +59.29 - +0.67% 8899.958887.75 - 8981.41 +0.59% ^XMI MAJOR MARKET NDX 12:37PM 939.50 +5.52 - +0.59% 933.98 932.78 - 941.95 +0.57% ^DJA DJ COMP AVERAGE 12:37PM2840.76 +16.17 - +0.57% 2824.592818.34 - 2846.75 +0.43% ^SPX S&P 500 INDEX 12:37PM1095.52 +4.70 - +0.43% 1090.821087.28 - 1097.85 +0.43% ^INX S&P 500 NDX 12:37PM1095.52 +4.70 - +0.43% 1090.821087.28 - 1097.85 +0.40% ^NYA NYSE COMPOSITE 12:37PM 567.56 +2.28 - +0.40% 565.28 563.81 - 568.58 +0.36% ^RUI RUSSELL 1000 12:37PM 574.21 +2.05 - +0.36% 572.16 570.41 - 575.38 +0.32% ^EVX CBOE ENVIRNMNT 12:37PM 177.71 +0.57 - +0.32% 177.14 176.47 - 178.15 +0.30% ^RIX REIT INDEX 12:37PM 264.90 +0.79 - +0.30% 264.11 263.17 - 264.95 +0.29% ^RUA RUSSELL 3000 12:37PM 602.81 +1.75 - +0.29% 601.06 599.26 - 603.98 +0.23% ^OEX S&P 100 INDEX 12:37PM 530.24 +1.20 - +0.23% 529.04 527.34 - 531.49 +0.15% ^HCX S&P HLTH CARE 12:37PM 632.00 +0.93 - +0.15% 631.07 629.62 - 635.15 - -0.11% ^MID MIDCAP INDEX 12:37PM 357.74 -0.41 - -0.11% 358.15 357.03 - 358.15 - -0.20% ^GSV GSTI SERVICES 12:37PM 117.31 -0.24 - -0.20% 117.55 116.69 - 117.56 - -0.30% ^CEX S&P CHEM INDEX 12:37PM 533.70 -1.61 - -0.30% 535.31 533.70 - 540.97 - -0.36% ^RUT RUSSELL 2000 12:37PM 454.96 -1.66 - -0.36% 456.62 454.94 - 456.62 - -0.38% ^TYX 30 Y TSY YLD NDX 12:37PM 57.78 -0.22 - -0.38% 58.00 57.59 - 57.89 - -0.41% ^SML S&P 600 SMALLCAP 12:37PM 190.32 -0.79 - -0.41% 191.11 190.29 - 191.11 - -0.55% ^GAX GAMING INDEX 12:37PM 235.60 -1.30 - -0.55% 236.90 235.26 - 237.19 - -0.60% ^OIX OIL INDEX 12:37PM 265.43 -1.60 - -0.60% 267.03 264.60 - 267.03 - -0.61% ^GIP GSTI MLTIMED NET 12:37PM 154.64 -0.95 - -0.61% 155.59 154.57 - 156.25 - -0.79% ^TRX S&P TRANSPORT 12:37PM 683.94 -5.47 - -0.79% 689.41 683.35 - 689.57 - -0.82% ^DJT DJ TRANS AVERAGE 12:37PM3319.05 -27.56 - -0.82% 3346.613316.08 - 3349.76 - -0.83% ^IXIC NAS/NMS COMPSITE 12:37PM1764.03 -14.84 - -0.83% 1778.871762.68 - 1779.34 - -0.88% ^CWX CBOE COMP SFTWR 12:37PM 526.97 -4.68 - -0.88% 531.65 525.74 - 531.65 - -0.94% ^GHA GSTI HARDWARE 12:37PM 198.70 -1.88 - -0.94% 200.58 198.43 - 201.59 - -0.95% ^GSO GSTI SOFTWARE 12:37PM 167.70 -1.60 - -0.95% 169.30 167.42 - 169.37 - -1.05% ^NWX NETWORK INDEX 12:37PM 347.22 -3.70 - -1.05% 350.92 346.99 - 351.88 - -1.07% ^TXX CBOE TECH NDX 12:37PM 245.99 -2.66 - -1.07% 248.65 245.93 - 249.73 - -1.16% ^NDX NASDAQ 100 INDEX 12:37PM1178.27 -13.80 - -1.16% 1192.071176.18 - 1192.07 - -1.17% ^GIN GSTI INTERNET 12:37PM 130.54 -1.54 - -1.17% 132.08 130.47 - 133.88 - -2.02% ^SOXX SEMICONDUCTOR 12:37PM 254.08 -5.23 - -2.02% 259.31 254.07 - 260.26 - -2.24% ^GSM GSTI SEMICOND 12:37PM 130.36 -2.99 - -2.24% 133.35 130.31 - 133.35 - -3.25% ^XAU GOLD/SILVER INDX 12:37PM 72.28 -2.43 - -3.25% 74.71 72.16 - 74.07 - -3.67% ^AUX GOLD OPTION INDX 12:37PM 178.74 -6.82 - -3.67% 185.56 177.94 - 185.56 - -4.66% ^GOX GOLD INDEX 12:37PM 53.24 -2.60 - -4.66% 55.84 53.09 - 55.84 - - ------------------------------ Date: Mon, 1 Jun 1998 09:45:06 -0700 From: Bill Subject: [CANSLIM] What's Hot - My Watch List Mon Jun 1 12:38PM Eastern U.S. Time -- U.S. Markets close in 3 hours 23 minutes. Change Symbol Name Last Trade Chg Value Change Prev Cls Day's Range +2.78% ^DJU DJ UTIL AVERAGE 12:37PM 292.56 +7.91 - +2.78% 284.65 284.04 - 293.30 +1.56% ^RLX S&P RETAIL NDX 12:37PM 687.50 +10.58 - +1.56% 676.92 676.42 - 688.40 +1.11% ^IUX S&P INSURANCE 12:37PM 640.14 +7.00 - +1.11% 633.14 632.07 - 641.43 +0.93% ^BIX S&P BANK INDEX 12:37PM 712.01 +6.53 - +0.93% 705.48 702.40 - 713.54 +0.67% ^DJI DJ INDU AVERAGE 12:37PM8959.24 +59.29 - +0.67% 8899.958887.75 - 8981.41 +0.59% ^XMI MAJOR MARKET NDX 12:37PM 939.50 +5.52 - +0.59% 933.98 932.78 - 941.95 +0.57% ^DJA DJ COMP AVERAGE 12:37PM2840.76 +16.17 - +0.57% 2824.592818.34 - 2846.75 +0.43% ^SPX S&P 500 INDEX 12:37PM1095.52 +4.70 - +0.43% 1090.821087.28 - 1097.85 +0.43% ^INX S&P 500 NDX 12:37PM1095.52 +4.70 - +0.43% 1090.821087.28 - 1097.85 +0.40% ^NYA NYSE COMPOSITE 12:37PM 567.56 +2.28 - +0.40% 565.28 563.81 - 568.58 +0.36% ^RUI RUSSELL 1000 12:37PM 574.21 +2.05 - +0.36% 572.16 570.41 - 575.38 +0.32% ^EVX CBOE ENVIRNMNT 12:37PM 177.71 +0.57 - +0.32% 177.14 176.47 - 178.15 +0.30% ^RIX REIT INDEX 12:37PM 264.90 +0.79 - +0.30% 264.11 263.17 - 264.95 +0.29% ^RUA RUSSELL 3000 12:37PM 602.81 +1.75 - +0.29% 601.06 599.26 - 603.98 +0.23% ^OEX S&P 100 INDEX 12:37PM 530.24 +1.20 - +0.23% 529.04 527.34 - 531.49 +0.15% ^HCX S&P HLTH CARE 12:37PM 632.00 +0.93 - +0.15% 631.07 629.62 - 635.15 - -0.11% ^MID MIDCAP INDEX 12:37PM 357.74 -0.41 - -0.11% 358.15 357.03 - 358.15 - -0.20% ^GSV GSTI SERVICES 12:37PM 117.31 -0.24 - -0.20% 117.55 116.69 - 117.56 - -0.30% ^CEX S&P CHEM INDEX 12:37PM 533.70 -1.61 - -0.30% 535.31 533.70 - 540.97 - -0.36% ^RUT RUSSELL 2000 12:37PM 454.96 -1.66 - -0.36% 456.62 454.94 - 456.62 - -0.38% ^TYX 30 Y TSY YLD NDX 12:37PM 57.78 -0.22 - -0.38% 58.00 57.59 - 57.89 - -0.41% ^SML S&P 600 SMALLCAP 12:37PM 190.32 -0.79 - -0.41% 191.11 190.29 - 191.11 - -0.55% ^GAX GAMING INDEX 12:37PM 235.60 -1.30 - -0.55% 236.90 235.26 - 237.19 - -0.60% ^OIX OIL INDEX 12:37PM 265.43 -1.60 - -0.60% 267.03 264.60 - 267.03 - -0.61% ^GIP GSTI MLTIMED NET 12:37PM 154.64 -0.95 - -0.61% 155.59 154.57 - 156.25 - -0.79% ^TRX S&P TRANSPORT 12:37PM 683.94 -5.47 - -0.79% 689.41 683.35 - 689.57 - -0.82% ^DJT DJ TRANS AVERAGE 12:37PM3319.05 -27.56 - -0.82% 3346.613316.08 - 3349.76 - -0.83% ^IXIC NAS/NMS COMPSITE 12:37PM1764.03 -14.84 - -0.83% 1778.871762.68 - 1779.34 - -0.88% ^CWX CBOE COMP SFTWR 12:37PM 526.97 -4.68 - -0.88% 531.65 525.74 - 531.65 - -0.94% ^GHA GSTI HARDWARE 12:37PM 198.70 -1.88 - -0.94% 200.58 198.43 - 201.59 - -0.95% ^GSO GSTI SOFTWARE 12:37PM 167.70 -1.60 - -0.95% 169.30 167.42 - 169.37 - -1.05% ^NWX NETWORK INDEX 12:37PM 347.22 -3.70 - -1.05% 350.92 346.99 - 351.88 - -1.07% ^TXX CBOE TECH NDX 12:37PM 245.99 -2.66 - -1.07% 248.65 245.93 - 249.73 - -1.16% ^NDX NASDAQ 100 INDEX 12:37PM1178.27 -13.80 - -1.16% 1192.071176.18 - 1192.07 - -1.17% ^GIN GSTI INTERNET 12:37PM 130.54 -1.54 - -1.17% 132.08 130.47 - 133.88 - -2.02% ^SOXX SEMICONDUCTOR 12:37PM 254.08 -5.23 - -2.02% 259.31 254.07 - 260.26 - -2.24% ^GSM GSTI SEMICOND 12:37PM 130.36 -2.99 - -2.24% 133.35 130.31 - 133.35 - -3.25% ^XAU GOLD/SILVER INDX 12:37PM 72.28 -2.43 - -3.25% 74.71 72.16 - 74.07 - -3.67% ^AUX GOLD OPTION INDX 12:37PM 178.74 -6.82 - -3.67% 185.56 177.94 - 185.56 - -4.66% ^GOX GOLD INDEX 12:37PM 53.24 -2.60 - -4.66% 55.84 53.09 - 55.84 - - ------------------------------ Date: Mon, 01 Jun 1998 10:02:02 -0700 From: Tim Fisher Subject: Re: [CANSLIM] What's Hot - My Watch List I fail to see your point. Right at the bottom of the screen Yahoo states: "Select a Symbol for a detailed quote. Quotes delayed 15 minutes for Nasdaq, 20 minutes otherwise." I can look outside my window at the ticker and confirm that the DJI quotes= lag the ticker (DJIA) by at least 20 minutes at all times. Get on at the open,= you will usually see the DJI quotes change from all zeros to the opening tick at about 6:55AM Pacific Time. At 09:45 AM 6/1/98 , you wrote: >Mon Jun 1 12:38PM Eastern U.S. Time -- U.S. Markets close in 3 hours 23 >minutes. > >Change Symbol=A0=A0=A0=A0=A0 Name=A0=A0=A0=A0=A0=A0=A0=A0 Last Trade=A0=A0= =A0 Chg=A0 Value Change Prev Cls >Day's Range > >+2.78% ^DJU=A0 DJ UTIL AVERAGE=A0 12:37PM 292.56=A0 +7.91 -=A0=A0=A0= +2.78%=A0=A0 284.65 >284.04 - 293.30 Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites mailto:Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 01 Jun 1998 09:57:54 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Source for U.S.Indices--Yahoo Please tell me how. Volume does not show up on DJI, IXIC, NYA, SPX, RUT detailed quotes. Am I missing something? At 09:18 AM 6/1/98 , you wrote: ><DJI, NYA, >and RUT quotes were at 0 (unchanged) at 8AM Pacific time. Only the SPX >and >NAS >quotes were reasonably timely. Unconscionable, but unfortunately >par-for-the-course on Yahoo. And, they do not provide market volume.>> > >There were problems with Yahoo quotes this morning, but no provider is >ever without glitch.=A0 And Yahoo does provide volume for all indices >that report volume.=A0 Don't mean to be argumentative, but I'm looking >at it even as we speak. > >--Db Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites mailto:Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 01 Jun 1998 10:10:13 -0700 From: Dan Cash Subject: [CANSLIM] Napeague Letter For Your Information: >Subject: > Napeague Letter - Read This NOW! > Date: > From: > Bob Davis > Monday, June 1, 1998 > >Editor: Bob Davis http://www.napeague.com > > Please Read This Article Now! >n today's Wall Street Journal, one of the "free" articles is "Heard on >the Net: Firms Profiled On Stock Genie Pay to Be Picks" This is important >ading for anyone who uses the Internet to gather investment ideas and >short time. . - - ------------------------------ Date: Mon, 1 Jun 1998 13:44:19 EDT From: Subject: [CANSLIM] Re. Analyzing the Market Phyllis, I agree with Tom. The Dow is not representative of the stock market. I look at it mainly to check out divergences between it and advance/declines. S&P, Russel 2000 (which index eliminates many big cap stocks), and NASDAQ I use as the relevant indexes. I do use TA on them, but I also partake of volume analysis (I consider volume-whether on individual stocks or market indexes-a very significant indicator). jans - - ------------------------------ Date: Mon, 1 Jun 1998 11:06:46 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Source for U.S.Indices--Yahoo <> Some of these, like SPX and RUT, don't provide volume. If you want volume figures for the indices that provide it, just create a spreadsheet in Yahoo (or portfolio view or whatever they call it). When you're setting it up, you can put the indices in the portfolio, or make up a portfolio of indices, or specify that the indices, up to a certain number--6, I think--show up at the top of every portfolio you create, as a header. When you set up all this, you can specify exactly what you want the spreadsheet to show. There are something like 16 or 20 items like bid/ask, avg vol, curr vol, prev day's close, today's open, 52-week high, and so on and so on. If this seems like a lot of work, you can give the template a name and use it for other portfolios simply by selecting it. This is handy for running mock portfolios, setting up surrogate portfolios, monitoring indices, etc. At a glance, you can see volume, bid/ask, price, daily range, etc. for an entire group of stocks and not have to look at each one individually. One of my portfolios is labelled simply "Today". These are all the stocks I expect to do something that day based on my chart scans the night before. There may be two or there may be ten. But when I bring up the portfolio I can see what they're all doing all at the same time, instantly. A great time-saver. Yahoo also delivers the news on whatever stocks are in the portfolio without your having to ask for it. It's all at the bottom of the spreadsheet. As far as the surrogate portfolios go, if I'm watching a chip stock, for example, I can bring up the chip portfolio to see what the stocks I've chosen for my surrogates are doing. If mine is going up all by itself while all the others are backing off, I'm less likely to buy than if there are at least a couple that are joining my little soldier on the charge. I've probably told you far more than you wanted to know, but here it is in case anyone else can use it. Incidentally, you will also get the time of the last quote (you can also ask for the time of the last trade). This will help you to distinguish between what's real-time and what isn't. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 11:25:16 -0700 From: Bill Subject: Re: [CANSLIM] What's Hot - My Watch List I don't think the disclaimer applies to Indicis, Tim. Even BigCharts brings up real time Index charts. I like Yahoo because you can customize the list and even set up a dummy portfolio. There are glitches once in a while but I found this free service worth the visit. An invaluable service if your trade any of the Index Options. (OEX, SPX, XAU etc.) Bill-->> - -------------------- At 10:02 AM -0700 6/1/98, Tim Fisher wrote: >I fail to see your point. Right at the bottom of the screen Yahoo states: > >"Select a Symbol for a detailed quote. Quotes delayed 15 minutes for >Nasdaq, 20 minutes otherwise." > - - ------------------------------ Date: Mon, 1 Jun 1998 11:30:06 -0700 From: Bill Subject: Re: [CANSLIM] Napeague Letter The referenced WSJ article can be found at http://update.wsj.com/ Bill-->> - ---------- At 10:10 AM -0700 6/1/98, Dan Cash wrote: >For Your Information: > >>Subject: >> Napeague Letter - Read This NOW! >> Date: >> From: >> Bob Davis > >> Monday, June 1, 1998 >> >>Editor: Bob Davis http://www.napeague.com >> >> Please Read This Article Now! >>n today's Wall Street Journal, one of the "free" articles is "Heard on >>the Net: Firms Profiled On Stock Genie Pay to Be Picks" This is >important >>ading for anyone who uses the Internet to gather investment ideas and >>short time. > > >. > > >- - - ------------------------------ Date: Mon, 1 Jun 1998 11:30:06 -0700 From: Bill Subject: Re: [CANSLIM] Napeague Letter The referenced WSJ article can be found at http://update.wsj.com/ Bill-->> - ---------- At 10:10 AM -0700 6/1/98, Dan Cash wrote: >For Your Information: > >>Subject: >> Napeague Letter - Read This NOW! >> Date: >> From: >> Bob Davis > >> Monday, June 1, 1998 >> >>Editor: Bob Davis http://www.napeague.com >> >> Please Read This Article Now! >>n today's Wall Street Journal, one of the "free" articles is "Heard on >>the Net: Firms Profiled On Stock Genie Pay to Be Picks" This is >important >>ading for anyone who uses the Internet to gather investment ideas and >>short time. > > >. > > >- - - ------------------------------ Date: Mon, 1 Jun 1998 11:38:35 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Index Volume--Bill and Tim <> The problem for me has been finding someplace that provides volume for all the indices (all the ones that provide it in the first place), much less all at the same time on the same page. So far, Yahoo is the only place I've found that does that, if you set it up that way. It's also the only place I've found that provides detailed intraday breadth information. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 13:14:12 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Market > From: "Charles Morgan" > To: canslim@xmission.com > I would like to know any other opinions on this increase of the utility > average. Don't know a whole lot about the things, except that they pretty closely track the bond market. With the bonds moving up the last week, that at least partly explains the utilities. I've never figure out if they lead or lag the bond market. - - ------------------------------ Date: Mon, 1 Jun 1998 13:14:12 -0800 From: "Patrick Wahl" Subject: [CANSLIM] Seasonal Tendencies Here is some seasonal stuff I fooled around with a year or so ago, thought it might be interesting here. This is only a very rough guideline to market tendencies, any month of any year can deviate significantly from these patterns. The data came from running a test over about 12 years of S&P data, where I bought at the start of each month and sold at the end of the month, and did that each year for 12 years, keeping a cummulative total for each of the months. The dollar amount is what you would have made if buying an S&P futures contract and holding for one month. Without getting into the boring details, the test was somewhat flawed because of the increase of the S&P contract over the years, but still a good guideline to seasonal tendencies. Jan $37,525 Feb $27,100 March $3,650 April $15,575 May $61,350 June $425 July $16,825 August $3,975 Sept. $9,725 Oct. $-31,975 (includes 1987 crash) Nov. $1,800 Dec. $54,325 You can see that December-May tends to be good on average, with a slump in March. That overall trend was the pattern this year and last, where we have had a big rally since Jan. Summers are slow, and the fall generally poor. To put these amounts in point terms, the S&P futures were $500 a point prior to last fall, and the test was run over 12 years, so the $9700 of September means less than $1000 per year, meaning less than a 2 point profit per month in September. - - ------------------------------ Date: Mon, 1 Jun 1998 13:14:12 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Source for U.S.Indices. > Date: Mon, 01 Jun 1998 09:11:37 -0700 > To: canslim@lists.xmission.com > Not real time - 20 minutes delayed or more. This morning the Yahoo DJI, NYA, > and RUT quotes were at 0 (unchanged) at 8AM Pacific time. Only the SPX and NAS > quotes were reasonably timely. Unconscionable, but unfortunately > par-for-the-course on Yahoo. And, they do not provide market volume. If you > want reliable, real-time market index quotes, shop elsewhere. You can configure the Yahoo display (edit) to show volume and various other bits of data. I've been using Yahoo for quite a while, loss of data is pretty rare. Consider the price, I think they are pretty good. - - ------------------------------ Date: Mon, 1 Jun 1998 13:27:20 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Seasonal Tendencies--Patrick <> Your data would seem to give the lie to those who say that the summer rally doesn't exist. Agree? Disagree? - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 14:03:41 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] What's Hot - My Watch List > Date: Mon, 01 Jun 1998 10:02:02 -0700 > To: canslim@lists.xmission.com > From: Tim Fisher > I can look outside my window at the ticker and confirm that the DJI quotes lag > the ticker (DJIA) by at least 20 minutes at all times. Get on at the open, you > will usually see the DJI quotes change from all zeros to the opening tick at > about 6:55AM Pacific Time. Indices are real time. - - ------------------------------ Date: Mon, 1 Jun 1998 16:16:04 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] Re: WON Seminar - June 6 Chris McKeever, I live in the Chicagoland area, and I will be attending the seminar on June 6. See you there! Regards, Mary Keener - - ------------------------------ Date: Mon, 01 Jun 1998 14:24:30 -0700 From: Tim Fisher Subject: Re: [CANSLIM] What's Hot - My Watch List You need to try it. I reiterate that the index quotes on Yahoo are at least= 20 minutes behind the ticker outside my window.=20 At 11:25 AM 6/1/98 , you wrote: >I don't think the disclaimer applies to Indicis, Tim. Even BigCharts brings >up real time Index charts.=A0 I like Yahoo because you can customize the= list >and even set up a dummy portfolio. There are glitches once in a while but I >found this free service worth the visit.=A0 An invaluable service if your >trade any of the Index Options. (OEX, SPX, XAU etc.) > Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites mailto:Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 1 Jun 1998 19:42:30 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] RE: Lucent - Tom The SEC site you want is "EDGAR" found at www.sec.gov/cgi-bin/srch-edgar . However, if you go directly there, Edgar will want you to type in the exact name of the stock instead of a symbol (at least that's the way it was the last time I went directly there. Instead, I usually go in thru a link from whatever web site I currently have open that has a link to either "SEC filings" or "Edgar" or whatever. That way I can go in with an unambiguous symbol, instead of trying to guess how the SEC spelled the corp name (IBM is a good example, you won't find it under International Business Machines any longer). My reference to using tech indicators is concerning spending time at www.bigcharts.com and playing with all the technical indators and time frames they provide, such as OBV/MF/MACD/Stochastics, etc. Tom W - -----Original Message----- From: mckeener@ix.netcom.com To: canslim@xmission.com Date: Monday, June 01, 1998 9:10 AM Subject: [CANSLIM] RE: Lucent - Tom >Tom, > >In discussing how you proceed in your research, you mentioned the SEC site. Where >do I find this? Also, when you say tech indications, are you referring to the >study of charts? > >Thanks for your help. > >Regards, Mary Keener > > >- > - - ------------------------------ Date: Mon, 1 Jun 1998 16:47:26 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] RE: Lucent - Tom <> If you like EDGAR, you'll love freeEDGAR.com. It's far faster than the SEC site and far easier to negotiate. For one thing, a table of contents is listed in a frame on the left. This enables you to go directly to the balance sheet or the financials or whatever instantly instead of having to scroll and scroll and scroll. Much recommended. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 1 Jun 1998 20:16:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Market Charles, I am just now starting to wade thru my email and catch up on various mkt comments, but from experience and historical comparisons, I would suspect the primary motivator is a shift of money from bonds to higher yielding utility stocks, where there is also the chance of some capital gains. A number of "big names" currently have yields in the 6 to low 8% range. The chart shows a sharp reversal upward on Friday's trading. This move is also defensive, if the economy continues to slow, people will still use and pay for their utilities. And the group right now has a trailing PE of 19. Altho high in the historical range of 10-22, it is still well below the S&P500. Tom W - -----Original Message----- From: Charles Morgan To: canslim@xmission.com Date: Monday, June 01, 1998 11:51 AM Subject: [CANSLIM] Market >Everybody, > >I have noticed that as of 1130 EST that the utility average is up over >2%. I believe that most of this move is because of electric utilities >stock prices(I checked a number of issues from >electric,water,gas,telephone). > >My opinion is that this move may be some people thinking that it will be >a hot summer-therefore increased earnings. But it also could be that >with interest rates moving lower(i.e. less interest for ye olde savings >account and CD's) people are looking for the yields and growth from >relatively safe utility stocks. > >I would like to know any other opinions on this increase of the utility >average. > >Chuck > >______________________________________________________ >Get Your Private, Free Email at http://www.hotmail.com > >- > - - ------------------------------ Date: Mon, 1 Jun 1998 20:48:50 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] What's Hot - My Watch List Tim, maybe you have a "window into the future??" Tom W - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Monday, June 01, 1998 5:24 PM Subject: Re: [CANSLIM] What's Hot - My Watch List You need to try it. I reiterate that the index quotes on Yahoo are at least 20 minutes behind the ticker outside my window. - - ------------------------------ Date: Mon, 1 Jun 1998 19:17:34 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] What's Hot - My Watch List Nope, but the office (the 401K Index Fund traders in the office anyway) routinely swear at Yahoo and run to the boss's window to get the ticker when the index is rapidly droppong or rising. Example: the 150 pt. down day last week, the DJI crashed pretty hard at the end of the day, Yahoo was saying - -25 to -50 while the ticker was at -100 and dropping like a rock. We even tried repeatedly reloading the DJIA quote on Yahoo and it didn't get down to - -150 until about 1:15-1:20PM Pacific Time. Friday At 08:48 PM 6/1/98 -0400, you wrote: >Tim, maybe you have a "window into the future??" > >Tom W > >-----Original Message----- >From: Tim Fisher >To: canslim@lists.xmission.com >Date: Monday, June 01, 1998 5:24 PM >Subject: Re: [CANSLIM] What's Hot - My Watch List > > >You need to try it. I reiterate that the index quotes on Yahoo are at >least 20 >minutes behind the ticker outside my window. > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Mon, 1 Jun 1998 22:22:50 -0500 From: "Chris McKeever" Subject: Re: [CANSLIM] OBV/MF shorts - STO Connie, (or others please comment) Was wondering if you could explain to me how the OBV/MF show weakness of STO. I'm really all not that familiar with the TA. I was just curious. I brought up the STO Chart and noticed that OBV and MF are failing now, but that doesnt take into account the influx of volume on the merger announcement last month. Take those points out and to me I really dont see OBV and MF failing too much, or enough for me to short. Truthfully, dont really know what to be looking for. Your input would be greatly appreciated. - -----Original Message----- From: Connie Mack Rea To: canslim Date: Monday, June 01, 1998 11:20 AM Subject: [CANSLIM] OBV/MF shorts. > > >Members-- > >I have this morning shorted AEH and STO on the basis of OBV/MF weakness. > >I am looking for other shorts and and continue to look for longs when >the correction ends. > >I have no long positions of any significance. > >Connie Mack > > >- > > - - ------------------------------ End of canslim-digest V2 #264 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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