From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2729 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 Monday, August 5 2002 Volume 02 : Number 2729 In this issue: Re: [CANSLIM] OSTE [CANSLIM] Re: DOCC (was SYY (was: OSTE)) Re: [CANSLIM] Market trend Re: [CANSLIM] OSTE Re: [CANSLIM] Re: DOCC (was SYY (was: OSTE)) ---------------------------------------------------------------------- Date: Mon, 5 Aug 2002 11:25:16 -0400 From: "Chuck Dreier" Subject: Re: [CANSLIM] OSTE This is a multi-part message in MIME format. - ------=_NextPart_000_0007_01C23C72.C618FD60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I was under the impression that a CAN SLIM candidate had to be in the = $12-15 range, at a minimum. Am I wrong? ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 11:20 AM Subject: [CANSLIM] OSTE While most agree it is best to stay in cash it also pays to hone your = skills. For example, OSTE started the left side of a cup on February 1, = 2002 at $9.79, went to a low of $5.83 and is now moving up on the right = side. It was at $9.10 as of 10:00 AM CST on heavy volume. If it stays = below the left lip and goes on to form a handle, we will have a c/h = formation. If the price goes over $9.79, the cup is broken.=20 Having pointed this out I certainly would not buy this stock even if = it broke out, but it is interesting to watch for the dance.=20 Charley=20 - ------=_NextPart_000_0007_01C23C72.C618FD60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I was under the impression that a CAN = SLIM=20 candidate had to be in the $12-15 range, at a minimum.  Am I=20 wrong?
----- Original Message -----
From:=20 Chazmoore@aol.com
To: canslim@lists.xmission.com=
Sent: Monday, August 05, 2002 = 11:20=20 AM
Subject: [CANSLIM] OSTE

While most = agree it is=20 best to stay in cash it also pays to hone your skills. For example, = OSTE=20 started the left side of a cup on February 1, 2002 at $9.79, went to a = low of=20 $5.83 and is now moving up on the right side. It was at $9.10 as of = 10:00 AM=20 CST on heavy volume. If it stays below the left lip and goes on to = form a=20 handle, we will have a c/h formation. If the price goes over $9.79, = the cup is=20 broken.

Having pointed this out I certainly would not buy this = stock=20 even if it broke out, but it is interesting to watch for the dance.=20

Charley - ------=_NextPart_000_0007_01C23C72.C618FD60-- - - - -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: Mon, 5 Aug 2002 10:25:40 -0500 From: "Katherine Malm" Subject: [CANSLIM] Re: DOCC (was SYY (was: OSTE)) This is a multi-part message in MIME format. - ------=_NextPart_000_0237_01C23C6A.72AD11A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Each person interprets and weights each of the letters of C-A-N-S-L-I-M = according to their own preferences. There are always good stocks in bad = markets. You just have to decide whether you are willing to risk going = long in a market that is predominantly down. Nobody's saying that's not = okay, just riskier. If you were investing in the CANSLIM style during = the 90's and making outsized gains as many were, then patience during a = bad market while preserving capital is blissfully powerful and = extraordinarily profitable. Katherine ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 9:57 AM Subject: Re: [CANSLIM] Re: SYY (was: OSTE) With all this talk about the market being so terrible, and there being = no C&H charts, how does anyone explain the movement of DOCC in this = horrible market. If DOCC did not just come out of a C&H (because, as = I've been told, the rim to rim time lapse of the cup-shape traced by the = charrt is too little to fit the definition of a cup), what happened? = - --Donald ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 9:53 AM Subject: [CANSLIM] Re: SYY (was: OSTE) Some comments on the SYY chart at: http://WallStreet-LLC.com/canslim/SYY080502.jpg=20 Katherine ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 8:26 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim candiadate) What do you mean when you say that "neither present you with any = indication of an entry point" --I have suggested SYY and CSTR as = "potential" canslim candiadates and didn't know that such candiadates = had to present indications of entry points.=20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 7:26 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) Donald, I don't think there are any candidates right now for = most investors, except for watching and learning. SYY is likely enjoying = the benefit of that money that must remain in the markets (mutual funds = for instance) continuing to move into more defensive stocks (even in a = recession, people must eat). I have noted CSTR before, don't know why it = is doing so well overall. But even without regard to "M" clearly saying = stay in cash, neither present me with any indication of an entry point. I encourage everyone that truly wants to be good at CANSLIM to = use this time to reread and study HTMMIS and the 24 Lessons. Be careful = following the lead of IBD, they have to sell a newspaper every day, so = they have to say something. But their guidance, and "insight" often = seems to stray far afield from true CANSLIM. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 7:10 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) Tom ---Thank you very much for the feedback. It's pretty = evident to me that I have a lot of boning up to do .--- By the way do = you think SYY and CSTR are better potential candiadates? ...Donald ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 1:38 PM Subject: OSTE (was Re: [CANSLIM] Potential canslim candiadate) Donald, there are some good things that can be said about the = chart of OSTE (BTW, makes for better posting if you make the subj line = more specific), but "formed a well defined Cup, between the weeks of = 5/28/02 and 7/23/02" would not be one I would say. Specifically, period = is almost two short (8 weeks) for any kind of decent basing pattern, and = certainly for this "M". Next is the price, which even now after a 41% = gain in a single trading week is still only $8.90, well below the $12 = recommended by HTMMIS and WON as a minimum to attract institutional = interest. Third is the sheer steepness (granted on volume) of what you = obviously see as the right side of the cup. Thru Friday, there is no = evidence of a handle forming, and without a handle, you don't know where = to grab the cup. And if this should prove over the next few weeks to be = where the handle forms, then it will be forming dangerously high in this = shaky "M". I am sure I or other CANSLIMers could find other points at = fault with this chart, but these are already enough for me to look for = better opportunities. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 10:26 AM Subject: [CANSLIM] Potential canslim candiadate Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a = very good, potential, canslim candiadate. Its IBD ratings are: = currently 80, 97, B, C and A+ and its Chart has formed a well defined = Cup, between the weeks of 5/28/02 and 7/23/02. Interestingly, this past = Friday, on seven times its normal trading volume it barely moved up. So = there were almost as many sellers as buyers, which I understand is a = strong of a future downturn in the stock. Thus I expect the Cup to grow = a handle this coming week. However, since I am a novice canslimmer I = would appreciate having some feed back from the group concerning OSTE. = - --- Donald . - ------=_NextPart_000_0237_01C23C6A.72AD11A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Each person interprets and weights each of the letters of = C-A-N-S-L-I-M=20 according to their own preferences. There are always good stocks in bad = markets.=20 You just have to decide whether you are willing to risk going long in a = market=20 that is predominantly down. Nobody's saying that's not okay, just = riskier. If=20 you were investing in the CANSLIM style during the 90's and making = outsized=20 gains as many were, then patience during a bad market while preserving = capital=20 is blissfully powerful and extraordinarily profitable.
 
Katherine
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Monday, August 05, 2002 = 9:57=20 AM
Subject: Re: [CANSLIM] Re: SYY = (was:=20 OSTE)

With all this talk about the market = being so=20 terrible, and there being no C&H charts, how does anyone = explain the=20 movement of DOCC in this horrible market.  If DOCC did not just = come out=20 of a C&H  (because, as I've been told, the rim to rim time = lapse of=20 the cup-shape traced by the charrt is too little to fit the definition = of a=20 cup),  what happened?  --Donald
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, August 05, 2002 = 9:53=20 AM
Subject: [CANSLIM] Re: SYY = (was:=20 OSTE)

Some comments on the SYY chart at:
 
http://WallStree= t-LLC.com/canslim/SYY080502.jpg=20
 
Katherine
----- Original Message ----- =
From:=20 Donald = Wallker=20
To: canslim@lists.xmission.com= =20
Sent: Monday, August 05, = 2002 8:26=20 AM
Subject: Re: OSTE (was Re: = [CANSLIM]=20 Potential canslim candiadate)

What do you mean when you say = that "neither=20 present you with any indication of an entry point" --I have = suggested SYY=20 and CSTR as "potential" canslim candiadates and didn't know that = such=20 candiadates had to present indications of entry = points. 
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Monday, August 05, = 2002 7:26=20 AM
Subject: Re: OSTE (was = Re:=20 [CANSLIM] Potential canslim candiadate)

Donald, I don't think there are any = candidates=20 right now for most investors, except for watching and learning. = SYY is=20 likely enjoying the benefit of that money that must remain in = the=20 markets (mutual funds for instance) continuing to move into more = defensive stocks (even in a recession, people must eat). I have = noted=20 CSTR before, don't know why it is doing so well overall. But = even=20 without regard to "M" clearly saying stay in cash, neither = present me=20 with any indication of an entry point.
 
I encourage everyone that truly wants to = be good=20 at CANSLIM to use this time to reread and study HTMMIS and the = 24=20 Lessons. Be careful following the lead of IBD, they have to sell = a=20 newspaper every day, so they have to say something. But their = guidance,=20 and "insight" often seems to stray far afield from true=20 CANSLIM.
 
----- Original Message -----=20
From: Donald = Wallker=20
Sent: Monday, August 05, 2002 7:10 AM
Subject: Re: OSTE (was Re: [CANSLIM] Potential = canslim=20 candiadate)

Tom ---Thank you very much for = the=20 feedback.  It's pretty evident to me that I have a lot of = boning up=20 to do .--- By the way do you think SYY and CSTR are better = potential=20 candiadates? ...Donald
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Sunday, August = 04, 2002=20 1:38 PM
Subject: OSTE (was Re: = [CANSLIM]=20 Potential canslim candiadate)

Donald, there are some good things = that can be=20 said about the chart of OSTE (BTW, makes for better posting if = you=20 make the subj line more specific), but "formed = a=20 well defined Cup, between the weeks of 5/28/02 and=20 7/23/02" would not be = one I would=20 say. Specifically, period is almost two short (8 weeks) for = any kind=20 of decent basing pattern, and certainly for this "M". Next is = the=20 price, which even now after a 41% gain in a single trading = week is=20 still only $8.90, well below the $12 recommended by HTMMIS and = WON as=20 a minimum to attract institutional interest. Third is the = sheer=20 steepness (granted on volume) of what you obviously see as the = right=20 side of the cup. Thru Friday, there is no evidence of a handle = forming, and without a handle, you don't know where to grab = the cup.=20 And if this should prove over the next few weeks to be where = the=20 handle forms, then it will be forming dangerously high in this = shaky=20 "M".
 
I am sure I or other CANSLIMers could = find other=20 points at fault with this chart, but these are already enough = for me=20 to look for better opportunities.
 
----- Original Message -----=20
From: Donald = Wallker=20
Sent: Sunday, August 04, 2002 10:26 AM
Subject: [CANSLIM] Potential canslim=20 candiadate

Lois--- I reviewed Osteotech = Inc.(OSTE)=20 and believeit to be a very good, potential, canslim = candiadate. =20 Its IBD ratings are: currently 80, 97, B, C and A+ and = its=20 Chart has formed a well defined Cup, = between the=20 weeks of 5/28/02 and 7/23/02.  Interestingly, this past = Friday,=20 on seven times its normal trading volume it barely moved = up.  So=20 there were almost as many sellers as buyers, which I = understand is a=20 strong of a future downturn in the stock.  Thus I = expect the=20 Cup to grow a handle this coming week.  However, since I = am a=20 novice canslimmer I would appreciate having some feed back = from the=20 group concerning OSTE. ---=20 = Donald   .
- ------=_NextPart_000_0237_01C23C6A.72AD11A0-- - - - -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: Mon, 05 Aug 2002 11:32:09 -0400 From: Spencer48@aol.com Subject: Re: [CANSLIM] Market trend Dan: I think institutions and retail buyers are not buying because they don't know how much corruption of books there is. Many say that the percentage of companies with fraudulent books is relatively small. But so what. One don't know which company is engaging in fradulent accounting and which isn't. I agree with you that seeing CFOs and CEOs in handcuffs isn't going to significantly contribute to investor confidence. However, what it does do (I believe) is deter other CEOs and CFOs from moving over to the dark side. That's why televising the Wall Street honchos is important. Once investors see that the government is serious in enforcing the laws against fraudulent accounting, the market will be favorably affectd. jans In a message dated Sat, 3 Aug 2002 6:43:57 PM Eastern Standard Time, dforant1@nycap.rr.com writes: > This market is more effected by bad earnings and p/e's. The bubble burst a > long time ago. It's just going to take more quarters to swing the market. > Notice the newly handcuffed Wall Street perpetrators that didn't rally the > market recently like the first arrests. I never bought into that. The real > culprits are, p/e's, and earnings along with the 9/11 disaster that broke > the camels back. Some say stocks are cheap. Yeah, tech's, > try em. - - - -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: Mon, 5 Aug 2002 12:12:16 -0400 From: "Donald Wallker" Subject: Re: [CANSLIM] OSTE This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C23C79.571BE330 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Charley -- Thank you for the feedback. eventuallky I'll get the hang of = all this. Am I right in I assuming that the reason you wouldn't buy = into iOSTE is because of "M", or , is there another reason I'm not = getting? ------Donald ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 11:20 AM Subject: [CANSLIM] OSTE While most agree it is best to stay in cash it also pays to hone your = skills. For example, OSTE started the left side of a cup on February 1, = 2002 at $9.79, went to a low of $5.83 and is now moving up on the right = side. It was at $9.10 as of 10:00 AM CST on heavy volume. If it stays = below the left lip and goes on to form a handle, we will have a c/h = formation. If the price goes over $9.79, the cup is broken.=20 Having pointed this out I certainly would not buy this stock even if = it broke out, but it is interesting to watch for the dance.=20 Charley=20 - ------=_NextPart_000_000F_01C23C79.571BE330 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Charley -- Thank you for the feedback. = eventuallky=20 I'll get the hang of all this.  Am I right  in I assuming =  that the reason you wouldn't buy into iOSTE is because of "M", or = , is=20 there another reason I'm not getting? ------Donald
----- Original Message -----
From:=20 Chazmoore@aol.com
Sent: Monday, August 05, 2002 = 11:20=20 AM
Subject: [CANSLIM] OSTE

While most = agree it is=20 best to stay in cash it also pays to hone your skills. For example, = OSTE=20 started the left side of a cup on February 1, 2002 at $9.79, went to a = low of=20 $5.83 and is now moving up on the right side. It was at $9.10 as of = 10:00 AM=20 CST on heavy volume. If it stays below the left lip and goes on to = form a=20 handle, we will have a c/h formation. If the price goes over $9.79, = the cup is=20 broken.

Having pointed this out I certainly would not buy this = stock=20 even if it broke out, but it is interesting to watch for the dance.=20

Charley
- ------=_NextPart_000_000F_01C23C79.571BE330-- - - - -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: Mon, 5 Aug 2002 12:24:49 -0400 From: "Donald Wallker" Subject: Re: [CANSLIM] Re: DOCC (was SYY (was: OSTE)) This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C23C7B.17E2AAD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine ---You make me believe I'm in for a real treat. And that all = it takes is a little patience and a big "M" I'll be keeping my fingers = crossed --- Donald ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 11:25 AM Subject: [CANSLIM] Re: DOCC (was SYY (was: OSTE)) Each person interprets and weights each of the letters of = C-A-N-S-L-I-M according to their own preferences. There are always good = stocks in bad markets. You just have to decide whether you are willing = to risk going long in a market that is predominantly down. Nobody's = saying that's not okay, just riskier. If you were investing in the = CANSLIM style during the 90's and making outsized gains as many were, = then patience during a bad market while preserving capital is blissfully = powerful and extraordinarily profitable. Katherine ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 9:57 AM Subject: Re: [CANSLIM] Re: SYY (was: OSTE) With all this talk about the market being so terrible, and there = being no C&H charts, how does anyone explain the movement of DOCC in = this horrible market. If DOCC did not just come out of a C&H (because, = as I've been told, the rim to rim time lapse of the cup-shape traced by = the charrt is too little to fit the definition of a cup), what = happened? --Donald ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 9:53 AM Subject: [CANSLIM] Re: SYY (was: OSTE) Some comments on the SYY chart at: http://WallStreet-LLC.com/canslim/SYY080502.jpg=20 Katherine ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 8:26 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) What do you mean when you say that "neither present you with any = indication of an entry point" --I have suggested SYY and CSTR as = "potential" canslim candiadates and didn't know that such candiadates = had to present indications of entry points.=20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 7:26 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) Donald, I don't think there are any candidates right now for = most investors, except for watching and learning. SYY is likely enjoying = the benefit of that money that must remain in the markets (mutual funds = for instance) continuing to move into more defensive stocks (even in a = recession, people must eat). I have noted CSTR before, don't know why it = is doing so well overall. But even without regard to "M" clearly saying = stay in cash, neither present me with any indication of an entry point. I encourage everyone that truly wants to be good at CANSLIM to = use this time to reread and study HTMMIS and the 24 Lessons. Be careful = following the lead of IBD, they have to sell a newspaper every day, so = they have to say something. But their guidance, and "insight" often = seems to stray far afield from true CANSLIM. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 05, 2002 7:10 AM Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) Tom ---Thank you very much for the feedback. It's pretty = evident to me that I have a lot of boning up to do .--- By the way do = you think SYY and CSTR are better potential candiadates? ...Donald ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 1:38 PM Subject: OSTE (was Re: [CANSLIM] Potential canslim = candiadate) Donald, there are some good things that can be said about = the chart of OSTE (BTW, makes for better posting if you make the subj = line more specific), but "formed a well defined Cup, between the weeks = of 5/28/02 and 7/23/02" would not be one I would say. Specifically, = period is almost two short (8 weeks) for any kind of decent basing = pattern, and certainly for this "M". Next is the price, which even now = after a 41% gain in a single trading week is still only $8.90, well = below the $12 recommended by HTMMIS and WON as a minimum to attract = institutional interest. Third is the sheer steepness (granted on volume) = of what you obviously see as the right side of the cup. Thru Friday, = there is no evidence of a handle forming, and without a handle, you = don't know where to grab the cup. And if this should prove over the next = few weeks to be where the handle forms, then it will be forming = dangerously high in this shaky "M". I am sure I or other CANSLIMers could find other points at = fault with this chart, but these are already enough for me to look for = better opportunities. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 10:26 AM Subject: [CANSLIM] Potential canslim candiadate Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be = a very good, potential, canslim candiadate. Its IBD ratings are: = currently 80, 97, B, C and A+ and its Chart has formed a well defined = Cup, between the weeks of 5/28/02 and 7/23/02. Interestingly, this past = Friday, on seven times its normal trading volume it barely moved up. So = there were almost as many sellers as buyers, which I understand is a = strong of a future downturn in the stock. Thus I expect the Cup to grow = a handle this coming week. However, since I am a novice canslimmer I = would appreciate having some feed back from the group concerning OSTE. = - --- Donald . - ------=_NextPart_000_0021_01C23C7B.17E2AAD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine ---You make me believe I'm in = for a real=20 treat.  And that all it takes is a little patience and a big=20 "M"   I'll be keeping my fingers crossed --- =20 Donald
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, August 05, 2002 = 11:25=20 AM
Subject: [CANSLIM] Re: DOCC = (was SYY=20 (was: OSTE))

Each person interprets and weights each of the letters of = C-A-N-S-L-I-M=20 according to their own preferences. There are always good stocks in = bad=20 markets. You just have to decide whether you are willing to risk going = long in=20 a market that is predominantly down. Nobody's saying that's not okay, = just=20 riskier. If you were investing in the CANSLIM style during the 90's = and making=20 outsized gains as many were, then patience during a bad market while=20 preserving capital is blissfully powerful and extraordinarily=20 profitable.
 
Katherine
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Monday, August 05, 2002 = 9:57=20 AM
Subject: Re: [CANSLIM] Re: = SYY (was:=20 OSTE)

With all this talk about the market = being so=20 terrible, and there being no C&H charts, how does anyone = explain=20 the movement of DOCC in this horrible market.  If DOCC did not = just=20 come out of a C&H  (because, as I've been told, the rim to = rim time=20 lapse of the cup-shape traced by the charrt is too little to fit the = definition of a cup),  what happened?  = - --Donald
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Monday, August 05, = 2002 9:53=20 AM
Subject: [CANSLIM] Re: SYY = (was:=20 OSTE)

Some comments on the SYY chart at:
 
http://WallStree= t-LLC.com/canslim/SYY080502.jpg=20
 
Katherine
----- Original Message ----- =
From:=20 Donald=20 Wallker
To: canslim@lists.xmission.com= =20
Sent: Monday, August 05, = 2002 8:26=20 AM
Subject: Re: OSTE (was = Re:=20 [CANSLIM] Potential canslim candiadate)

What do you mean when you say = that "neither=20 present you with any indication of an entry point" --I have = suggested=20 SYY and CSTR as "potential" canslim candiadates and didn't know = that=20 such candiadates had to present indications of entry=20 points. 
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Monday, August = 05, 2002=20 7:26 AM
Subject: Re: OSTE (was = Re:=20 [CANSLIM] Potential canslim candiadate)

Donald, I don't think there are any = candidates=20 right now for most investors, except for watching and = learning. SYY is=20 likely enjoying the benefit of that money that must remain in = the=20 markets (mutual funds for instance) continuing to move into = more=20 defensive stocks (even in a recession, people must eat). I = have noted=20 CSTR before, don't know why it is doing so well overall. But = even=20 without regard to "M" clearly saying stay in cash, neither = present me=20 with any indication of an entry point.
 
I encourage everyone that truly wants = to be good=20 at CANSLIM to use this time to reread and study HTMMIS and the = 24=20 Lessons. Be careful following the lead of IBD, they have to = sell a=20 newspaper every day, so they have to say something. But their=20 guidance, and "insight" often seems to stray far afield from = true=20 CANSLIM.
 
----- Original Message -----=20
From: Donald = Wallker=20
Sent: Monday, August 05, 2002 7:10 AM
Subject: Re: OSTE (was Re: [CANSLIM] Potential = canslim=20 candiadate)

Tom ---Thank you very much = for the=20 feedback.  It's pretty evident to me that I have a lot of = boning=20 up to do .--- By the way do you think SYY and CSTR are better=20 potential candiadates? ...Donald
----- Original Message ----- =
From:=20 Tom Worley
To: canslim@lists.xmission.com= =20
Sent: Sunday, August = 04, 2002=20 1:38 PM
Subject: OSTE (was = Re:=20 [CANSLIM] Potential canslim candiadate)

Donald, there are some good things = that can be=20 said about the chart of OSTE (BTW, makes for better posting = if you=20 make the subj line more specific), but "formed a=20 well defined Cup, between the weeks of 5/28/02 and = 7/23/02" would not be = one I=20 would say. Specifically, period is almost two short (8 = weeks) for=20 any kind of decent basing pattern, and certainly for this = "M". Next=20 is the price, which even now after a 41% gain in a single = trading=20 week is still only $8.90, well below the $12 recommended by = HTMMIS=20 and WON as a minimum to attract institutional interest. = Third is the=20 sheer steepness (granted on volume) of what you obviously = see as the=20 right side of the cup. Thru Friday, there is no evidence of = a handle=20 forming, and without a handle, you don't know where to grab = the cup.=20 And if this should prove over the next few weeks to be where = the=20 handle forms, then it will be forming dangerously high in = this shaky=20 "M".
 
I am sure I or other CANSLIMers = could find=20 other points at fault with this chart, but these are already = enough=20 for me to look for better opportunities.
 
----- Original Message ----- =
From: Donald=20 Wallker
Sent: Sunday, August 04, 2002 10:26 AM
Subject: [CANSLIM] Potential canslim=20 candiadate

Lois--- I reviewed = Osteotech Inc.(OSTE)=20 and believeit to be a very good, potential, canslim=20 candiadate.  Its IBD ratings are: currently 80, 97, B,=20 C and A+ and its Chart has formed a = well defined=20 Cup, between the weeks of 5/28/02 and 7/23/02. =20 Interestingly, this past Friday, on seven times its normal = trading=20 volume it barely moved up.  So there were almost as = many=20 sellers as buyers, which I understand is a strong of a = future=20 downturn in the stock.  Thus I expect the Cup to grow a = handle=20 this coming week.  However, since I am a novice = canslimmer I=20 would appreciate having some feed back from the group=20 concerning OSTE. ---=20 = Donald   .
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