From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #289 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 Wednesday, June 17 1998 Volume 02 : Number 289 In this issue: Re: [CANSLIM] Non Canslim /Dr. Elders Re: [CANSLIM] Not CANSLIM (AMZN--Shorts, Eat My) Re: [CANSLIM] MRVC Up significantly Re: [CANSLIM] SPY [non-canslim]--Steve Re: Uselessness of DJIA (Was: Re: [CANSLIM] The NAZ ) Re: [CANSLIM] MRVC Up significantly Re: [CANSLIM] MRVC EPS/RS Re: [CANSLIM] MRVC Up significantly Re: [CANSLIM] Non Canslim /Dr. Elders Re: [CANSLIM] MRVC EPS/RS Re: [CANSLIM] MRVC EPS/RS [CANSLIM] RCII News [CANSLIM] OBV/MF [Connie ] Re: [CANSLIM] MRVC EPS/RS--Tim Re: [CANSLIM] MRVC EPS/RS Re: [CANSLIM] OTC Chart w/MACD & Histogram (Oscillator)--Frank [CANSLIM] On the Yen [CANSLIM] Here's a stab at a Telescan search for Weekend Review candidates Re: [CANSLIM] Not CANSLIM (AMZN--Shorts, Eat My) Re: [CANSLIM] MRVC EPS/RS Re: [CANSLIM] On the Yen [CANSLIM] Spammers getting email addresses from archives? Re: [CANSLIM] MRVC EPS/RS--Tim and Thomas Re: [CANSLIM] MRVC EPS/RS Re: [CANSLIM] ON TOPIC (yay!) Scans Re: [CANSLIM] MRVC EPS/RS--Tim and Thomas ---------------------------------------------------------------------- Date: Tue, 16 Jun 1998 22:53:54 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Non Canslim /Dr. Elders I used to scan for slopes of EMA's, and I know what fading is, but the finger? I'm hooked and you can reel me in. What is the finger? Frank Wolynski At 21:26 6/16/98 -0400, Robert Bomba wrote: >>> Do you know what values he uses for the slow stochastics? << > >He uses a 5 day value for shorter term (pg.159 figure 30-2). If you want to >use it as a stand alone he recommends bigger values. I get the impression >that the longer the better to catch the major turns. > >His book is really futures based even though he won't admit it . I think >that's why he talks more shorter term then long. He is a psychiatrist >which is why he talks about the psychology of it all. > > Bob > >P.S. He says the slope of the 13 week _E_ Moving average can be used >instead of the weekly MACD. One of the best things I learned from him was >to fade the finger. Do you know what a finger is? I look for it on every >chart I look at. > >- > > - - ------------------------------ Date: Tue, 16 Jun 1998 22:52:09 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Not CANSLIM (AMZN--Shorts, Eat My) "selling short" or "selling uncovered" is the same thing, just less keystrokes in commenting. selling in the money, tho not drastically, means even a slight move downward in the price of the stock will make you profitable that much faster as you don't have to overcome as much inherent premium (which can be considerable on tech stocks). Tom W - -----Original Message----- From: Robert Bomba <73223.2767@compuserve.com> To: canslim@lists.xmission.com Date: Tuesday, June 16, 1998 10:36 PM Subject: Re: [CANSLIM] Not CANSLIM (AMZN--Shorts, Eat My) >>> Another alternative is selling short some in-the-money calls. << > >I may be wrong but don't you mean selling uncovered calls? I never heard of >shorting calls? I guess it's the same thing? Sorry, I was out in the sun a >little too long today (G). > > Bob > >P.S. Why would you want them to be in the money? > >- > - - ------------------------------ Date: Tue, 16 Jun 1998 23:04:45 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] MRVC Up significantly I apologize for offending you Tim. Didn't mean to, but certainly see how I did! I did take the time to look up the EPS and found it in the high 90's, but didn't take the time to realize how poorly my illconceived attempt at humor would be trasmitted. This is not the place for that sort of thing. I'll refrain in the future. Years ago, I used Metastock and a 3rd party product called TAS, Technical Analysis Scanner. I had directories (folders) full of canslim stocks and I ran scans based on almost every derivation of moving averages/obv etc.. I could find and dream up. Two years of research found the highest RS tended to maintain their high RS and outperform, plain and simple. I was just curious if your scan was of a similar nature. I believe HTMMIS does refer to moving averages, but I get your point. I'll now say goodbye and spend the rest of the evening trying to get this foot out of my mouth. Frank Wolynski At 19:24 6/16/98 -0700, Tim Fisher wrote: >The scan was that which I refined based on HTMMIS' CASLI + Db's refinements >since. More "comments" like that one and I'll keep all my future research to >myself. Furthermore you will find a high EPS /middlin' RS on this stock so >the term "perfect anti-CANSLIM" should be reserved for those jewels too >often mentioned here such as AMZN with EPS in the toilet. >Oh yeah, and where does HTMMIS mention 200 dma, OBV, etc? Or did I skip that >chapter? Finally my comment was "base if you can call it that" "Nuff said. >No wonder newbies drop off this list like flies after I spray Raid in the >kennel. > >At 10:01 PM 6/16/98 -0400, you wrote: >>I think you left the "ment" out of your use of "base". :-) >> >>New lows, 200day MOV, 50day MOV, 20day MOV, 3,7,10 all pointing down. >>OBV in a downtrend. >>The perfect Anti-Canslim! >> >>What kind of scan made this one pop up? >> >>Frank Wolynski >>(As if I knew something!) >> >>At 17:59 6/16/98 -0700, Tim Fisher wrote: >>>Reacting to news of selling of a major stakeholder, dunno why that would >>>move it up, but nevertheless up 7.5% today on 2+ X ADV. Passes my strictest >>>scan, but the RS must be weak as the "base" if you can call it that is a >>>long slide from 29 to sub-20. Comments? >>> >Tim Fisher, 1995 President, Pacific Fishery Biologists >Ore-ROCK-On Rockhounding Web Site >PFB Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.com > > >- > > - - ------------------------------ Date: Tue, 16 Jun 1998 20:11:27 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] SPY [non-canslim]--Steve > Date: Tue, 16 Jun 1998 12:30:55 -0700 (PDT) > From: dbphoenix > Thanks, Steve. I did some preliminary research on this a few weeks > ago and found no mention of a management fee. I'm glad you corrected > me. There is a large document about spiders you can download from the AMEX home page. - - ------------------------------ Date: Tue, 16 Jun 1998 20:11:27 -0800 From: "Patrick Wahl" Subject: Re: Uselessness of DJIA (Was: Re: [CANSLIM] The NAZ ) > Date: Tue, 16 Jun 1998 10:48:02 -0700 > To: canslim@lists.xmission.com > From: "James B. Andrews" > Question,, Is there a trading vehicle(a way) to buy and sell any of the > indexes >without< getting into futures??? That can be done through a stock > broker and not a commodities broker??? You can buy options on futures, which are lower risk, and I know the OEX has options, they are usually the most active. The S&P 500 also has options, although less active. About the smaller indices I don't know. - - ------------------------------ Date: Wed, 17 Jun 1998 00:15:36 -0400 From: Ari Lawson Subject: Re: [CANSLIM] MRVC Up significantly Tim Fisher wrote: > > The scan was that which I refined based on HTMMIS' CASLI + Db's refinements > since. More "comments" like that one and I'll keep all my future research to > myself. Furthermore you will find a high EPS /middlin' RS on this stock so > the term "perfect anti-CANSLIM" should be reserved for those jewels too > often mentioned here such as AMZN with EPS in the toilet. > Oh yeah, and where does HTMMIS mention 200 dma, OBV, etc? Or did I skip that > chapter? Finally my comment was "base if you can call it that" "Nuff said. > No wonder newbies drop off this list like flies after I spray Raid in the > kennel. > > At 10:01 PM 6/16/98 -0400, you wrote: > >I think you left the "ment" out of your use of "base". :-) > > > >New lows, 200day MOV, 50day MOV, 20day MOV, 3,7,10 all pointing down. > >OBV in a downtrend. > >The perfect Anti-Canslim! > > > >What kind of scan made this one pop up? > > > >Frank Wolynski > >(As if I knew something!) > > > >At 17:59 6/16/98 -0700, Tim Fisher wrote: > >>Reacting to news of selling of a major stakeholder, dunno why that would > >>move it up, but nevertheless up 7.5% today on 2+ X ADV. Passes my strictest > >>scan, but the RS must be weak as the "base" if you can call it that is a > >>long slide from 29 to sub-20. Comments? > >> > Tim Fisher, 1995 President, Pacific Fishery Biologists > Ore-ROCK-On Rockhounding Web Site > PFB Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.com > > - Hey Tim, How ya doin?Chill out man! What's with the RS of 17? - - ------------------------------ Date: Tue, 16 Jun 1998 21:32:21 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] MRVC EPS/RS Like I said RS is important but not in my scans, since I cannot scan for "Relative Strength ala IBD's secret formula." Instead I scan for all other characteristics then rank by RS. This one happens to receive a "Zacks EPS/RS" of 94/55; if I include only 80/80 + higher, I wind up with 4 stocks on my watch list: THRX TMBS APCO KIDD And I really detest TMBS for personal reasons (i.e. once a whore...)! Am waiting very patiently for THRX to get a move on... At 12:15 AM 6/17/98 -0400, you wrote: >> >> - Hey Tim, > How ya doin?Chill out man! What's with the RS of 17? > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Tue, 16 Jun 1998 21:32:13 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] MRVC Up significantly Thanks, Tom! At 10:38 PM 6/16/98 -0400, you wrote: >News of an "insider" selling usually presages the actual event. By the >time the news is out, the selling pressure damage is already done, and >the "news" suggests the selling pressure is now off the stock, hence a >rally, however short lived. It's important to not confuse "insiders" >with large position investors, tho. Their current knowledge, and their >reason(s) for selling, can differ widely. Don't know which is which >here, you'll have to do the homework. > >Tom W > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Wed, 17 Jun 1998 06:52:05 -0400 From: Robert Bomba <73223.2767@compuserve.com> Subject: Re: [CANSLIM] Non Canslim /Dr. Elders >> I'm hooked and you can reel me in. What is the finger? << In Candles it would be a hammer or a hanging man. It's when the long term trend is up (define that anyway you want) but the stock has been correcting in the shorter term. All of a sudden the bears can't keep the stock down they sell it off but the bulls come in & buy it back. Picture that the stock opened at 79, sold off to 77.00 but came back to close @78.750. The bears can't keep the stock down. Yesterdays action on PHSYA was that example. The odds say today will be an up day for the stock. Remember your mileage will vary (G). Anyway, he trades them in the futures market regularly. Bob P.S. You would look for the opposite on stocks in a down trend - - ------------------------------ Date: Wed, 17 Jun 1998 07:28:43 -0500 From: "Thomas A. Moulton" Subject: Re: [CANSLIM] MRVC EPS/RS Tim Fisher wrote: > Like I said RS is important but not in my scans, since I cannot scan for > "Relative Strength ala IBD's secret formula." Instead I scan for all other Buy the paper once or twice a month and have a kid scan it... my 6yr old helps me do the scan... Anyone have a good place to find the 5 year earnings history for both NYSE and NASDAQ? NASDAQ has their stocks, but I haven't found a place for NYSE. I'm looking for Each year... some have a 5 year average... but that is no good since that will hide a pattern like this: 1994 70% 1995 50% 1996 20% 1997 10% which could be viewed as a 5 yr growth of 30% - -- Thomas A. Moulton, W2VY - - ------------------------------ Date: Wed, 17 Jun 1998 06:49:22 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] MRVC EPS/RS I guess it's not that important to me to have that number. I beileve more strongly in fundamentals than momentum. There are much better systems out there than CANSLIM for piling onto momentum stocks IMHO. I have piled onto enough momentum stocks to know that they are much more likely to be "whores" and trip my stop within a week or two than stocks with superstrong fundamentals AND a good chart. I'd say that you are blessed if you can afford a scanner to scan in IBD tables; I skipped a few payments last month to buy this computer after my DX2-66 gave up the ghost... On another front, I had been trying to spot LLUR charts before they became LLUR, and it seems to me that many small cap stocks were almost completely dormant, i.e. flat charts with little movement for about a year, before they "decided to wake up" and tick up a percent or so a week. Any thoughts on what conditions exist at the point they "wake up"? A couple examples are AEG, BKE, CNBF, EDAC and CXP. At 07:28 AM 6/17/98 -0500, you wrote: > > >Tim Fisher wrote: > >> Like I said RS is important but not in my scans, since I cannot scan for >> "Relative Strength ala IBD's secret formula." Instead I scan for all other > >Buy the paper once or twice a month and have a kid scan it... my 6yr old >helps me do the scan... > >Anyone have a good place to find the 5 year earnings history for both >NYSE and NASDAQ? > >NASDAQ has their stocks, but I haven't found a place for NYSE. > >I'm looking for Each year... some have a 5 year average... but that >is no good since that will hide a pattern like this: >1994 70% 1995 50% 1996 20% 1997 10% > >which could be viewed as a 5 yr growth of 30% >-- >Thomas A. Moulton, W2VY > > > > > >- > > > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Wed, 17 Jun 1998 07:05:34 -0700 (PDT) From: Tim Fisher Subject: [CANSLIM] RCII News I don't know why I continue to do this but at the risk of drawing even more verbal abuse, RCII announced an acquisition which will more than double its number of Rent-to-own stores this morning, and is up 4 to 30 at 10AM NYT. It dropped off my radar recently (high D/E; likely will get higher?). As usual, "Base? What base?" FIN-LEASING COS Renters Choice TICKER RCII EXCHANGE NSDQ SHARES OUT 24.93 24WK PCHG% 34.81 % INSTITUT 48.50 % INSIDERS 44.77 20D AVEVOL 90,200.00 TREND EPGR 56.69 QEPS 0/-4 40.91 QEPS -1/-5 38.10 QEPS -2/-6 42.11 QEPS -2/-7 47.06 ROE 19.53 D/Equity 17.79 Oh yeah, I've been in for a couple months since NASDAQ will not allow stops on it and I don't have the balls to sell without a stop, so consider that a warning. I.e. my buy list = your short list. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Wed, 17 Jun 1998 10:16:12 -0400 From: Connie Mack Rea Subject: [CANSLIM] OBV/MF [Connie ] Members-- This morning I am buying INFM, MSX, NOVL, SPEH, IDXX, KVA, and RPC. Connie Mack - - ------------------------------ Date: Wed, 17 Jun 1998 07:26:19 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] MRVC EPS/RS--Tim <> This probably isn't what you want to hear, but you can always just skip it. But, you asked, so here it is. If you're a long-term investor and if you're not interested in jumping in and out of the market, you could have used the two indicators I spoke of yesterday to find your entry points. For example, in the last three years, AEG gave 2 oversold slosto readings on its weekly chart, BKE 1, CNBF 4 and EDAC 2. Waiting for confirmation from the weekly MACD may have taken days or months. Using EDAC as an example, confirmation came in about a month. Going to the daily chart to look for an entry point (which you could have done as soon as the slosto gave a signal), there were two opportunities to do so--one in January '97 and one in February. Each of these was in turn confirmed by the daily MACD, though the first was preliminary. Again, this probably isn't what you're looking for, but they are the conditions that existed at the time the stocks "woke up". - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 17 Jun 1998 11:41:17 -0500 From: "Thomas A. Moulton" Subject: Re: [CANSLIM] MRVC EPS/RS Tim Fisher wrote: > I'd say that you are blessed if you can > afford a scanner to scan in IBD tables; I skipped a few payments last month > to buy this computer after my DX2-66 gave up the ghost... It doesn't cost much, A Yellow Highlighter ($2) and time (1 HR) There are enough stocks 80/80/AB to keep you busy... I am now going through the NASDAQ hits and checking the 5yr earnings... (have checked A-D and have 16 with earnings worth looking closer at) Once I have this done I am sure the next scans will not be so time consuming... highlighting is easy, looking at the earnings reports takes time... oh yea... a good PC can be had for $600 or less (i'm going to be upgrading mine from 486/33 to Pentium 233MMX for about $300... just need to move my hard disk and monitor from old to new...) - -- Thomas A. Moulton, W2VY http://www.xanthus.net/w2vy - - ------------------------------ Date: Tue, 16 Jun 1998 17:39:33 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] OTC Chart w/MACD & Histogram (Oscillator)--Frank <> There are ways around this without getting into histograms, which aren't always available. As you say, the weekly MACD is "late", depending on how early you want to be, and here's where the pedal hits the metal as far as timeframe goes. So many investors say they're intermediate-term and that they're "in this for the long haul". But then they begin obsessing on the day-to-day movements of their stocks. Sometimes even hour to hour. They're not being honest with themselves about what kind of investor they want to be (long-term for the kids, a daytrader for the soul). Anyone who wants to take advantage of big moves and avoid being shaken out at every little hiccup should learn how to use both weekly and daily charts. Though I love them, daily charts can almost be like telling time by watching the second hand on the clock. By using both weekly and daily charts in combination with the most basic, simplest, most common technical indicators, the individual investor can finally get a clear and comprehensible picture of just what's going on, and not feel as though he's being tossed around by events over which he has no control. Using Frank's fine example, you'll note that the stochastic leads the MACD somewhat. This is typical because of the way they're measured. This particular sto looks to be slow, though it provides no signal line. Be that as it may, in each instance but one (in the exception, it also leads the MACD, but by a wider margin [July '96]), the sto just barely leads the MACD into a buy signal IF the sto is at or near an oversold level. What this means is that a reversal in the sto need not signal a buy. It must be taken into context. That is, that if the sto is reversing to the upside and the MACD is in a negative downturn, the reversal is most likely a false signal (or at most an opportunity to short what will likely be a brief rally). If the sto still doesn't give you the lead you want, then you go to the daily chart, same timeframe. If the MACD on the weekly is in a strong downward slope but the MACD on the daily is beginning to reverse upward, you may be getting an early signal of a reversal. More likely, however, you're getting a minor hiccup to the upside which will be turned back by the more powerful weekly force. Or, if the weekly MACD is in a strong uptrend and the daily is turning downward, you're probably looking at a nice buying opportunity when the daily reverses itself and begins to turn up again. If you want it even finer than that, try using the daily sto against the daily MACD the same way you used the weekly sto against the weekly MACD above. If you want to pinpoint your entry to the day, try using the ribbon that Connie and I referred to a couple of weeks ago. As the daily EMAs cross upward, you'll get first one, then another, then another (and so on) signal to buy. By the time you get the third or fourth, you can be reasonably certain that momentum is on your side. If the weekly sto and MACD and the daily sto and MACD and the EMAs are all on your side and the stock turns down anyway at that point, you can be reasonably certain that the pullback is purely event-driven or that it's nothing more than a pause before an upmove. So by using the weekly and daily and only two "indicators"--a slow stochastic and a MACD--you can provide yourselves with a substantial leg up over all the other individual investors out there. You can try other indicators as you like and as you become comfortable with all this, but if your house is burning down, these two and basic moving averages are all you really need to take with you. If none of this makes any sense whatsoever, go to bigcharts and print out weekly and daily charts of the same stock, same timeframe, both with a slosto and MACD and line them up. Even without the color cues, you ought to be able to see how all these patterns work together and ultimately work for you. It's really no different from blowing smoke into a wind tunnel in order to see why this car is getting such lousy mileage. In order to understand what's going on, you have to see the patterns. (BTW, when I say "you", I don't mean YOU, Frank.) - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Tue, 16 Jun 1998 22:04:03 -0400 From: "Tom Worley" Subject: [CANSLIM] On the Yen More jawboning today, Bank of Japan threatens intervention (a faster route to hari kari than letting the mkt do it for them) while the US Treasury Dept talks of "concern" over the collapse of the value of the yen, and "considers" sending a "deputy Treasury Secretary" to Tokyo for talks, yet repeats that there are times when supporting the yen or not supporting the yen may vary in value or priority or importance. Sure, I'd want to sell my strong USD denominated bonds yielding even now 5% or better in favor of buying yen which are supported by unstable govt bonds yielding about 1%. Can we all say, together, "bottom fishing"??? The key will remain either fundamental change in Japan, or a concerted and unified effort by a number of members of G7 (e.g. not just Japan by themselves) to support the yen. Tom W - - ------------------------------ Date: Tue, 16 Jun 1998 21:23:23 -0600 From: "Dan Sutton" Subject: [CANSLIM] Here's a stab at a Telescan search for Weekend Review candidates Here is a close emulation of the Weekend Review after today's market close.Hope the formatting transfers ok. The criteria I had Telescan search for were : Stock Price >$8, EPS Rank > than 70, RS > 70 (mistakenly deleted the column for RS, but will include it the next time I post), EPS has increased at least 2 of the last 4 quarters, EPS percent change last quarter was greater than 25%, Stock price more than 80% of it's 52 week high, Return on equity >12%, daily volume >20,000 shares, and todays volume more than 5% above 30 day average volume. Most column headings are self explanatory. Remember, these are Telescan's numbers...not IBD's Symbol Grp Price ERG EPSRk GrpRk Earns 1YrEg 1YrSa 1yPEG %cECu QtEPS %cELt %cE-2 %cE-3 %cE-4 %Hi52 AcDst 6-Wk 12-Wk 26-Wk 1-Yr ROE %InsH 10MA 10Brk 50MA 50Brk 200MA EDATE Volum VL/30 PosS# P/E ARTS .HSW 20.1 92.1 98 104.3 1.1 288.8 45.6 N/A 66.6 4 328.5 100 257.1 18.9 82.9 67 93 98.1 129.8 441.4 130.3 22.9 104.8 2 97 -21 135.8 980601 262.6 311.1 1 19.1 REXI .OCP 23 71 97 94.6 1.1 72.7 33.8 107.7 128.5 4 138.8 22.7 109 40 94.3 92 101.4 126 150.8 317.2 25.1 11.4 98.7 -7 101.3 -7 128.5 980518 271.4 120.3 0 20.1 MCSC .OFS 19.1 82.8 98 99.7 0.4 46.6 -0.1 N/A N/A 4 55.5 120 -9.1 80 97.4 28 107.7 110.3 225 266.8 12.9 15.8 105 6 105.5 5 153.1 980422 60.6 250.4 0 43.4 DHOM .BHO 13.3 88.8 97 102.3 1.4 94.4 1.6 27.1 21 3 200 40.9 78.2 123.5 94.2 64 94.1 112 136.5 287.4 23.7 16.1 98.3 -1 101.5 12 121.4 980511 20.9 307.3 3 9.5 FAF .IPC 79 88.8 98 102.2 6 117.7 0.8 78 81.3 3 1456.2 89.5 47.5 -5.4 100 78 106.6 122.9 179 302.9 26.8 52.6 106.9 3 109.5 -108 144.5 980427 104.8 156.8 4 13.1 LHSG .TES 55.9 97.6 98 112.3 0.3 107.1 7.9 75.7 80 4 200 60 16.6 18.6 80.4 71 95.3 118.4 186.4 279.7 19.2 26.7 97.9 -5 94.8 -5 149.8 980727 387.2 153.2 4 192.8 RGFC .FMB 35.7 91.8 96 105.6 1.8 44.7 7.6 N/A N/A 4 45.7 45.4 100 8.8 82.9 46 88.1 108.3 184.1 262.2 19.7 13.5 94.3 -7 91.6 -7 131.4 N/A 29.8 131.2 N/A 20 FNF .IPC 36.6 89 99 102.2 2.5 96.8 5.6 31.8 41.6 4 205.2 87.8 122.8 26.3 91.7 66 99.5 104.8 133.7 270.9 31 50.6 101.6 1 99.8 -18 125.7 980504 108.6 104.9 3 14.8 MRE .DRE 22.6 81.1 99 98.1 1.1 140.4 0.5 25.5 100 4 130.7 244.4 87.5 144.4 97.8 74 106.4 133.1 168.3 254.8 28.8 43.9 101.1 11 108.1 96 136 980429 34.6 102.6 4 20 GPS .RAP 58 97.3 96 115.8 1.4 33.3 9.2 30.5 55 4 70 29.2 25 13.3 92.8 76 111.9 129.4 156.4 228.1 37.5 52.8 97.9 -1 111.6 36 138.8 980515 2233.5 270.4 1 40.2 GRH .SER 8.9 76 92 97.1 1.6 N/A -10.1 N/A N/A 4 150 33.3 47.5 4300 95.9 43 111.7 160.7 150.5 170.2 123.2 14.6 100.3 1 114.7 43 132.2 980501 56.6 123.5 0 5.6 ANIK .MLR 12.9 65.3 96 89.8 0.4 N/A 3.1 -8 40 3 50 107.3 21.4 7.6 100 68 107.2 139.8 136.2 207 29.8 28.2 107 11 110.8 74 137.3 980423 78.4 118.7 2 31.5 ATRO .CPA 12.3 76.3 90 97.5 0.7 27.2 1.5 N/A N/A 4 27.2 8.3 38.4 71.4 93.3 81 98.9 140 128.9 194.1 21.8 6.5 99.3 -3 106.6 52 126.1 N/A 43.1 574.6 N/A 17.5 F .AUT 52 95.6 96 110.7 18.9 330.5 -0.1 -10.6 -16.2 4 1085.8 57.4 63.1 31.8 91.2 47 113.3 123.6 161.8 202.6 83 59.6 96.2 -4 105.4 -50 139.8 980424 3731.7 112.8 4 2.7 SELAY .SER 30.6 77.1 96 97.1 0.8 21.2 25.9 34.6 N/A 4 63.6 42.8 71.4 -19.1 98.9 88 110.3 128.9 154 200.8 12.2 23.2 101.6 13 106.5 85 137.1 980514 67.6 102.8 1 38.2 MNMD .MED 49 91.3 99 103.8 0.6 93.3 38.3 44.5 81.8 4 112.5 77.7 100 83.3 88.4 70 89.9 117 125.6 206.3 10.6 40.2 96.6 -4 96.7 -4 115.2 980417 53.3 195.2 2 84.4 DTPI .SER 24.8 76.3 94 97.1 0.4 740 N/A N/A 116.6 3 55.5 71.4 33.3 30.9 82.6 38 90.8 104.7 159.6 212.8 27.8 12.5 109 2 96.9 -20 128.8 980422 93.3 170.8 3 58.9 FOSL .JSW 22.8 87.5 91 103.6 1 38 7.7 26.2 27.7 4 46.6 33.3 36.8 38.4 98.3 59 110.2 105.4 139.3 216.6 23.2 35.5 106.1 14 112.6 9 133.4 980511 172 104.8 4 23.2 CHTT .COD 24.9 97 97 114.5 0.9 70 2.9 42.2 5.7 4 200 23.2 29.1 34.6 82.7 76 82.9 105.6 175.3 196.9 8000 50 88.1 -4 90.5 -4 126.5 980326 47.8 105.7 3 29.2 NOK.A .TES 62 96.3 97 112.3 1.9 104.2 N/A N/A N/A 4 51.1 104 152.9 250 88.7 63 89.6 115.2 180 177.1 19.8 27 95 -4 95.3 -44 126.4 N/A 1788.7 193.4 3 31.9 ROMC .SER 28 77.3 98 97.1 0.5 65.5 2.7 55.8 70 4 50 100 50 66.6 96.1 71 99.3 98.2 135.7 189 11.3 48.1 100.1 1 103.2 19 119.7 980428 203 120.6 3 58.3 FTHR .ATT 11.4 65.1 90 94.3 0.6 141.6 38.2 35.9 50 4 50 77.7 366.6 17.4 96.8 61 116.7 138.9 144.4 151.7 16.2 10.7 104.3 1 115.3 49 134.9 980428 29.8 134.8 2 19.6 VLGEA .RFS 15.8 81.5 98 99.4 1.1 88.3 0.5 N/A N/A 4 333.3 65.2 60 57.1 95.4 17 117.7 116.6 153.6 175 5.7 33.1 107.6 19 116.5 -55 141 N/A 27.2 1942.8 N/A 13.9 ANF .RAP 40 97.5 99 115.8 0.9 86 0.4 47.1 700 4 70 122.2 300 0.9 84.2 50 85.5 87.4 131.6 214.7 205.7 22.5 94.5 -4 93.1 -4 116.1 980514 874.3 122.5 3 43 HBOC .DSE 31.6 88.8 97 103.4 0.4 73.9 -0.7 42.2 166.6 4 66.6 50 225 0 99 64 108.1 107.6 145.7 195.6 21 45.3 103.2 -5 105.1 -5 124.1 980415 3263.1 116.5 3 78.9 MWL .OFS 21.1 80.5 95 99.7 0.8 47.2 3.4 27 22.2 4 37.5 40 42.8 80 86.7 69 88.2 108.3 112.1 187.8 19.8 36 94.4 -4 93.8 -4 111 980420 206.3 108 4 26 CTZN .BAN 51.3 83.6 93 101.7 2.2 93.8 22.1 25.4 12 3 34.7 27.9 29.5 31.5 88.4 81 99.1 92.6 127.8 204.9 14.7 38.1 102.8 8 98.8 -38 114.6 980511 33.8 127 2 23.4 CCSC .TES 43.4 95.8 97 112.3 1 37.6 0 27.8 35 4 26.3 47.3 43.7 33.3 86.3 74 89.9 93.9 159.7 186.8 34.5 39 100.5 2 92.1 -13 122.2 980417 168.1 156.2 1 45.7 HDNG .MMT 27.7 76.1 93 97.7 2.1 19.8 0 9 9.8 3 52.6 7.2 16.2 10.8 100 71 105.8 118.6 110.7 152.3 12.6 40.2 107.9 3 109 5 116.3 980420 31.8 324.4 2 13.1 - - ------------------------------ Date: Wed, 17 Jun 1998 06:52:06 -0400 From: Robert Bomba <73223.2767@compuserve.com> Subject: Re: [CANSLIM] Not CANSLIM (AMZN--Shorts, Eat My) >> "selling short" or "selling uncovered" is the same thing, just less keystrokes in commenting. << I'm sure you are aware that your risk is unlimited in writing uncovered calls unlike just buying the puts or writing covered calls. Personally I would buy ITM puts or sell OTM calls. BTW I have never seen a crossed market go in any other direction except the logical way of the cross nor have I seen a bullish crossed market below the last sale or visa/versa. But on the other hand I haven't really looked either (smile) I'll start looking for them now for the hell of it. - - ------------------------------ Date: Wed, 17 Jun 1998 09:29:05 -0700 From: Tim Fisher Subject: Re: [CANSLIM] MRVC EPS/RS My point was that my scans are totally and completely free, for the price of= a decent computer. Not to dis your choice of machines, but mine was= rock-bottom priced at $1500, not one generic component, all brand names, all top-rated= by the industry rags, and as big and as fast as I need for the next 2-3 years (yeah right who am I kidding? A 400 mHz probably won't be fast enough for Windows 2000!). As far as $600 PC's go for: YGYYPF - no monitor, no-name= grey market made-in-Korea parts, drive failures, incorrect settings, bad sectors, slow connections, bad chips, frequent crashes, u-name-it. I guess my PC choices reflect my stock choices - I don't mess around with junk. At 09:41 AM 6/17/98 , you wrote: >Tim Fisher wrote: > >>=A0 I'd say that you are blessed if you can >> afford a scanner to scan in IBD tables; I skipped a few payments last= month >> to buy this computer after my DX2-66 gave up the ghost... > >It doesn't cost much, A Yellow Highlighter ($2) and time (1 HR) > >There are enough stocks 80/80/AB to keep you busy... > >I am now going through the NASDAQ hits and checking the 5yr >earnings... (have checked A-D and have 16 with earnings worth >looking closer at) > >Once I have this done I am sure the next scans will not be so time consuming... >highlighting is easy, looking at the earnings reports takes time... > >oh yea... a good PC can be had for $600 or less >(i'm going to be upgrading mine from 486/33 to Pentium 233MMX >for about $300... just need to move my hard disk and monitor from old >to new...) >-- >Thomas A. Moulton, W2VY >http://www.xanthus.net/w2vy > > 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: Wed, 17 Jun 1998 09:46:44 PDT From: "Charles Morgan" Subject: Re: [CANSLIM] On the Yen Tom, You answered my question before I asked. I don't like the idea of my government filling the treasury with yen instead of dollars(especially with no other countries involved). I am waiting to see, when the yen/dollar level off, if some of the big money will try to test the conviction of the central banks. Also, it makes me happy that Japan will enact the reforms necessary to end their recession. They have only been doing it for the last seven years. But to quote our illustrious leader Bill Clinton, "if they don't, we will hold their feet to the fire." Yea, right! I think the market will be a little rough for a few days because of this band-aid. But that is just a guess. Chuck >From: "Tom Worley" >To: "CANSLIM" >Subject: [CANSLIM] On the Yen >Date: Tue, 16 Jun 1998 22:04:03 -0400 >Reply-To: canslim@lists.xmission.com > >More jawboning today, Bank of Japan threatens intervention (a faster >route to hari kari than letting the mkt do it for them) while the US >Treasury Dept talks of "concern" over the collapse of the value of the >yen, and "considers" sending a "deputy Treasury Secretary" to Tokyo >for talks, yet repeats that there are times when supporting the yen or >not supporting the yen may vary in value or priority or importance. >Sure, I'd want to sell my strong USD denominated bonds yielding even >now 5% or better in favor of buying yen which are supported by >unstable govt bonds yielding about 1%. Can we all say, together, >"bottom fishing"??? > >The key will remain either fundamental change in Japan, or a concerted >and unified effort by a number of members of G7 (e.g. not just Japan >by themselves) to support the yen. > >Tom W > > > > > >- > > ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Wed, 17 Jun 1998 11:06:47 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Spammers getting email addresses from archives? On Jun 16, 11:19pm, Dave Cameron wrote: > Subject: Re: Spamming - subscribers email address available?] > > Jeff, > > Thanks much for the assurance. I did not post while Mr. Hooters > was on the list, and did not get any spam from him. > > However, anyone who knows how to get to the ftp side for the > archives can pull address easily, can't they? > > Dave Cameron > >-- End of excerpt from Dave Cameron Dave, Someone else voiced the same concern yesterday on the list. This is a toughie. I don't know of any easy way to provide "browseable" archives to the group, and at the same time restrict access to potential spammers. However, here are some consolations: 1. Most spammers aren't going to take the time to find the archives and then extract the emails. 2. I have had several organizations ask me if they can archive our discussions at their site. I have refused their requests and will continue to do so. Also, you will notice a special header in every canslim message you get: "X-No-Archive: yes" This is an industry accepted header that will prevent any ethical archiver from archiving canslim without my permission. If at some point in the future we discover a spammer has been mining our archives, I would consider cutting off access to the archives. I am open to any suggestions from the group... Jeff - canslim owner/admin - - ------------------------------ Date: Wed, 17 Jun 1998 10:42:36 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] MRVC EPS/RS--Tim and Thomas How on earth are we progressing from a seemingly innocent remark about Tim's RS numbers coming from Zack's rather than IBD to an argument about PC quality and whose method of scanning is best and who's the more competent researcher, etc., etc., etc.? Is this really where the two of you want to go with this? Why is everybody so da**ed touchy? - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 17 Jun 1998 14:25:51 -0500 From: "Thomas A. Moulton" Subject: Re: [CANSLIM] MRVC EPS/RS Tim Fisher wrote: > My point was that my scans are totally and completely free, for the price of a > decent computer. Not to dis your choice of machines, but mine was rock-bottom So I missed the point... (what else is new...)The only way I would consider the $400 pc (w/o monitor or HD) is with some references for quality and endurance... that notwithstanding your point is a good one Spend Good money on tools... (as for windows goes don't go cheap on Video or Disk SPEED) and back to the topic at hand... what scans do you do? I've ben pouring over the newspaper and internet and then look at the charts for the narrowed down list... what scanning tools do you use that are free? I'm willing to spend some money on stuff, but with 4 kids and one getting ready for college... so i'll conserve when i can... - -- Thomas A. Moulton, W2VY http://www.xanthus.net/w2vy - - ------------------------------ Date: Wed, 17 Jun 1998 11:53:27 -0700 From: Tim Fisher Subject: Re: [CANSLIM] ON TOPIC (yay!) Scans Zack's Research Marvel, available free for 30 day trial, I admit I am a habitual free-for-30-days subscriber, but hey, they let me do it! Monthly data, not very accurate according to some, definitely missing values according to me, doesn't follow micros (i.e. at least half of Tom's watch list), can scan for everything except IBD's "proprietary" formulae, and probably could come= close to duplicating those since it lets you write your own formulas.=20 At 12:25 PM 6/17/98 , you wrote: >and back to the topic at hand... what scans do you do? > >I've ben pouring over the newspaper and internet and then look at the= charts >for the narrowed down list... > >what scanning tools do you use that are free? > >I'm willing to spend some money on stuff,=A0 but with 4 kids >and one getting ready for college... so i'll conserve when i can... >-- >Thomas A. Moulton, W2VY >http://www.xanthus.net/w2vy > > 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: Wed, 17 Jun 1998 14:47:13 -0500 From: "Thomas A. Moulton" Subject: Re: [CANSLIM] MRVC EPS/RS--Tim and Thomas dbphoenix wrote: > How on earth are we progressing from a seemingly innocent remark about > Tim's RS numbers coming from Zack's rather than IBD to an argument > about PC quality and whose method of scanning is best and who's the > more competent researcher, etc., etc., etc.? Is this really where the > two of you want to go with this? Why is everybody so da**ed touchy? Db, It was never a discusion of whose's scanning method is best and who's more competent... I'm a big boy and have been using email for over 20 YEARS... I can take care of myself and keep the discussion on topic... ALL - The intent of this message is to help improve the Signal to Noise ratio of the postings and NOT an attack on one person... One of the big problems I have noticed in the short time I have been on this list is too many people pick on other people's comments too much... We all need to ignore the noise a little more and take great pains to amplify the ON TOPIC discussion... Please address any POSITIVE or NEGATIVE comments to this item to me directly at w2vy@xanthus.net - -- Thomas A. Moulton, W2VY http://www.xanthus.net/w2vy - - ------------------------------ End of canslim-digest V2 #289 ***************************** 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.