From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3239 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 Friday, March 21 2003 Volume 02 : Number 3239 In this issue: Re: [CANSLIM] ANSI [CANSLIM] Free E--Book Technical Market Indicators Re: [CANSLIM] more breakouts Re: [CANSLIM] Thank You Katherine and Ed - OVTI Re: [CANSLIM] ANSI Re: [CANSLIM] ANSI Re: [CANSLIM] more breakouts RE: [CANSLIM] more breakouts [CANSLIM] VectorVest - Too good to be true? Re: [CANSLIM] more breakouts RE: [CANSLIM] more breakouts Re: [CANSLIM] VectorVest - Too good to be true? ---------------------------------------------------------------------- Date: Fri, 21 Mar 2003 10:30:36 -0800 (PST) From: Kent Norman Subject: Re: [CANSLIM] ANSI I will try: Since a lot of the work we do is in percentages, the LOG chart is a great tool. For example, on a log chart a $100 stock that moves +$10 would get the same vertical distance as it did in the past from $10 that moved +$1. As the value increasese (or drops) you can maintain the % perspective. Regards Kent - --- Jonathan Lobatto wrote: > This brings up a point I don't recall being discussed here > before. When the ANSI question was raised, I looked at an > arithmetic chart and it looked very sloppy. On the log chart > Peter provided below, the wedge looks very orderly. Does > anyone have any strong opinions on arithmetic vs. log charts > when viewing price action and determining items like wedges?? > ----- Original Message ----- > From: Peter Christiansen > To: canslim@lists.xmission.com > Sent: Friday, March 21, 2003 10:54 AM > Subject: Re: [CANSLIM] ANSI > > > I don't see any wedging. On a weekly chart, it looks like > an ascending base that is acting well. I would currently put > the pivot at 40.359. > > > > michael_niemotka@baxter.com wrote: > > All, > > In looking at the past few days at ANSI, am I seeing things > correctly, that > it looks like the chart is showing some wedging action? Or > since the price > is fairly flat, is it just a good action to see in a possible > handle, since > volume is drying up? Looks like a pivot point of $39.70. > > Thanks > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > ===== An IDEA is a dangerous thing when it is the only one you have. __________________________________________________ Do you Yahoo!? Yahoo! Platinum - Watch CBS' NCAA March Madness, live on your desktop! http://platinum.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 21 Mar 2003 13:17:14 -0600 From: "Gene Ricci" Subject: [CANSLIM] Free E--Book Technical Market Indicators This is a multi-part message in MIME format. - ------=_NextPart_000_00E3_01C2EFAC.30A183E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Registration NOT required!!! A wealth of free information and charts for traders and investors = interested in technical analysis!=20 http://www.wallstreetcourier.com/ebook/index.htm Gene - ------=_NextPart_000_00E3_01C2EFAC.30A183E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Registration NOT = required!!!

A wealth of free = information=20 and charts for traders and investors interested in technical=20 analysis!

http://www.wall= streetcourier.com/ebook/index.htm

Gene

- ------=_NextPart_000_00E3_01C2EFAC.30A183E0-- - - - -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: Fri, 21 Mar 2003 14:20:34 -0800 From: Ian Subject: Re: [CANSLIM] more breakouts Hi Mike: May I ask if all 8 of them were heavily shorted issues? The reason I ask is that I'm still seeing most of the action in the stocks with the largest short positions. I'm not sure what CANSLIM has to say about it, but my gut tells me that it implies extra caution. Is it permitted to share todays 'breakouts' with this list, or is that proprietary information? Also, since the initial market breakdown in September 2000, the 40-week ema of the OEX has provided a ceiling for every single bear-market rally. (http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co mpidx=aaaaa%3A0&comp=&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate=&show=true&symb=oe x&draw.x=54&draw.y=14) As we stand now with the OEX at 456, that ceiling is a meagre 5 points away right now. I would argue for close market scurtiny at that level. Cheers, Ian - ----- Original Message ----- From: To: Sent: Friday, March 21, 2003 7:16 AM Subject: [CANSLIM] more breakouts > All, > > For anyone who is using the cwhcharts.com site, today there are already 8 > breakout alerts! Does this mean that M is finally taking off? I have > noticed though that none of the recent ones are from the WON lists, and am > wondering if that should be a reason for caution. > > Katherine, any comments? > > Thanks > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -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: Fri, 21 Mar 2003 16:51:06 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Thank You Katherine and Ed - OVTI - - - -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: Fri, 21 Mar 2003 16:52:07 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] ANSI - - - -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: Fri, 21 Mar 2003 16:52:10 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] ANSI - - - -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: Fri, 21 Mar 2003 16:00:00 -0600 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] more breakouts Ian, I cannot share the actual data on the stocks, because, as you said, it is proprietary. I find your comments very interesting, and will have to check into it. Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com Ian Sent by: To: canslim@lists.xmission.com owner-canslim@lists.xm cc: ission.com Subject: Re: [CANSLIM] more breakouts 03/21/2003 04:20 PM Please respond to canslim Hi Mike: May I ask if all 8 of them were heavily shorted issues? The reason I ask is that I'm still seeing most of the action in the stocks with the largest short positions. I'm not sure what CANSLIM has to say about it, but my gut tells me that it implies extra caution. Is it permitted to share todays 'breakouts' with this list, or is that proprietary information? Also, since the initial market breakdown in September 2000, the 40-week ema of the OEX has provided a ceiling for every single bear-market rally. ( http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co mpidx=aaaaa%3A0&comp =&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate =&show=true&symb=oe x&draw.x=54&draw.y=14) As we stand now with the OEX at 456, that ceiling is a meagre 5 points away right now. I would argue for close market scurtiny at that level. Cheers, Ian - ----- Original Message ----- From: To: Sent: Friday, March 21, 2003 7:16 AM Subject: [CANSLIM] more breakouts > All, > > For anyone who is using the cwhcharts.com site, today there are already 8 > breakout alerts! Does this mean that M is finally taking off? I have > noticed though that none of the recent ones are from the WON lists, and am > wondering if that should be a reason for caution. > > Katherine, any comments? > > Thanks > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 21 Mar 2003 13:12:54 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] more breakouts Ian, We do not normally release our breakout alerts as they are proprietary, as Mike Niemotka has already explained. However, in view of your posing the possibility that an unusually high number of breakouts today are a result of short covering, I'll post the list of alerts issued today and their status at market close. I would be very interested to hear what the verdict is on short covering. Symbol BoP Close BoV Volume Status - ------ --- ----- --- ------ ------ KWD 29.60 29.73 275337 293600 Breakout Sustained VIP 38.79 39.38 387123 337900 Insufficient volume ABV 16.48 16.58 586101 602700 Breakout Sustained ACTI 9.61 9.40 426648 673002 Failed on price ALTR 15.15 15.20 12922464 15548002 Breakout Sustained CYBX 20.00 19.97 261645 271400 Failed on price IBM 83.50 84.90 12962175 12525300 Insufficient volume ITU 25.90 27.13 152772 104600 Insufficient volume JEC 42.44 41.97 511167 844700 Failed on price LLTC 34.87 34.91 10076322 8493255 Insufficient volume POWI 23.48 23.86 1156207 1187187 Breakout Sustained RCII 54.60 56.60 819613 476944 Insufficient volume SBUX 25.75 26.35 6397516 6129293 Insufficient volume SRCL 38.79 39.42 629319 622635 Insufficient volume SRNA 16.00 16.35 675135 1066951 Breakout Sustained DRTE 10.13 9.67 255486 133140 Failed on price Insufficient volume FLR 34.25 34.99 729579 847000 Breakout Sustained SNDK 20.85 20.47 4619439 3520486 Failed on price Insufficient volume TNOX 11.60 11.16 207510 455745 Failed on price Please note that these are stocks breaking out from a CwH pattern, not breakouts from any other kind of base. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ian Sent: Friday, March 21, 2003 12:21 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] more breakouts Hi Mike: May I ask if all 8 of them were heavily shorted issues? The reason I ask is that I'm still seeing most of the action in the stocks with the largest short positions. I'm not sure what CANSLIM has to say about it, but my gut tells me that it implies extra caution. Is it permitted to share todays 'breakouts' with this list, or is that proprietary information? Also, since the initial market breakdown in September 2000, the 40-week ema of the OEX has provided a ceiling for every single bear-market rally. (http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co mpidx=aaaaa%3A0&comp=&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate=&show=true&symb=oe x&draw.x=54&draw.y=14) As we stand now with the OEX at 456, that ceiling is a meagre 5 points away right now. I would argue for close market scurtiny at that level. Cheers, Ian - ----- Original Message ----- From: To: Sent: Friday, March 21, 2003 7:16 AM Subject: [CANSLIM] more breakouts > All, > > For anyone who is using the cwhcharts.com site, today there are already 8 > breakout alerts! Does this mean that M is finally taking off? I have > noticed though that none of the recent ones are from the WON lists, and am > wondering if that should be a reason for caution. > > Katherine, any comments? > > Thanks > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 21 Mar 2003 17:55:23 -0800 From: "Tim Katona" Subject: [CANSLIM] VectorVest - Too good to be true? This is a multi-part message in MIME format. - ------=_NextPart_000_0000_01C2EFD3.0B975440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi, I just attended a VectorVest free 4 hour seminar on ProGraphics v6.0 and ProTrader. I have never used VectorVest. Interesting stuff, I'm getting the five week trial to get some experience using it. Mark Blake from VectorVest described how by using the portfolio manager that since 2/7/01 using MTI (market timing indicator) crossing over the +1.5 and -.5 lines, "c-notes, hooks and sinkers" strategy plus "jubilee" strategy (canned strategies with program) you 'could have' gained 4,000+% in the last 2 years with an 82% success rate! With other devices (leaps, etc) one could have achieved 87,000% gains! Back testing easily shows that this could have been done. I know there are a few VectorVest users on this list and I'd like to hear your experience. To me, there are some interesting tools but this sound 'too good to be true." Why do I need anything else, why not just use their canned strategies (which one, I'm not sure except for the ones mentioned above)? Why not use their MTI, buy, sell, hold recommendations for shorting, going long? Have you achieved these kind of gains and success rates? Does the theory match your actual experience and practice? What are the real positives and negatives of VectorVest? Can VectorVest complement CANSLIM or are they completely separate approaches ? With a $645 cost and these kind of returns the ROI would be great. With some daily programming I could sit by the pool and watch the money roll in! (I wish.) Thanks in advance for your time and efforts. Tim - ------=_NextPart_000_0000_01C2EFD3.0B975440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi,

I = just attended a=20 VectorVest free 4 hour seminar on ProGraphics v6.0 and ProTrader. I have = never=20 used VectorVest. Interesting stuff, I'm getting the five week trial to = get some=20 experience using it.

Mark = Blake from=20 VectorVest described how by using the portfolio manager that since = 2/7/01=20 using MTI (market timing indicator) crossing over the +1.5 and -.5 = lines,=20 "c-notes, hooks and sinkers" strategy plus "jubilee" strategy (canned = strategies=20 with program) you 'could have' gained 4,000+% in the last 2 years with = an 82%=20 success rate! With other devices (leaps, etc) one could have achieved = 87,000%=20 gains! Back testing easily shows that this could = have been=20 done.

I = know there are a=20 few VectorVest users on this list and I'd like to hear your experience. = To me,=20 there are some interesting tools but this sound 'too good to be=20 true." Why do I need anything else, why not just use their = canned=20 strategies (which one, I'm not sure except for the ones mentioned = above)? Why=20 not use their MTI, buy, sell, hold recommendations for shorting, going = long?=20 Have you achieved these kind of gains and success rates? Does the theory = match=20 your actual experience and practice? What are the real positives and = negatives=20 of VectorVest?

Can VectorVest=20 complement CANSLIM or are they completely separate=20 approaches ?

With = a $645 cost=20 and these kind of returns the ROI would be great. With some daily = programming I=20 could sit by the pool and watch the money roll in! (I = wish.)

Thanks in advance=20 for your time and efforts.

Tim

- ------=_NextPart_000_0000_01C2EFD3.0B975440-- - - - -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: Fri, 21 Mar 2003 19:46:28 -0800 From: Ian Subject: Re: [CANSLIM] more breakouts Hi Mike: Thanks a lot for the list (I think it is probably good promotion for your service, as it give folks a chance to look closely at the kinds of stocks/setups that you are alerting on). I will go over your list in detail this weekend, and post my 2 cents worth on Sunday. Cheers, Ian - ----- Original Message ----- From: Mike Gibbons To: Sent: Friday, March 21, 2003 3:12 PM Subject: RE: [CANSLIM] more breakouts > Ian, > > We do not normally release our breakout alerts as they are proprietary, as > Mike Niemotka has already explained. However, in view of your posing the > possibility that an unusually high number of breakouts today are a result of > short covering, I'll post the list of alerts issued today and their status > at market close. I would be very interested to hear what the verdict is on > short covering. > > Symbol BoP Close BoV Volume Status > ------ --- ----- --- ------ ------ > KWD 29.60 29.73 275337 293600 Breakout Sustained > VIP 38.79 39.38 387123 337900 Insufficient volume > ABV 16.48 16.58 586101 602700 Breakout Sustained > ACTI 9.61 9.40 426648 673002 Failed on price > ALTR 15.15 15.20 12922464 15548002 Breakout Sustained > CYBX 20.00 19.97 261645 271400 Failed on price > IBM 83.50 84.90 12962175 12525300 Insufficient volume > ITU 25.90 27.13 152772 104600 Insufficient volume > JEC 42.44 41.97 511167 844700 Failed on price > LLTC 34.87 34.91 10076322 8493255 Insufficient volume > POWI 23.48 23.86 1156207 1187187 Breakout Sustained > RCII 54.60 56.60 819613 476944 Insufficient volume > SBUX 25.75 26.35 6397516 6129293 Insufficient volume > SRCL 38.79 39.42 629319 622635 Insufficient volume > SRNA 16.00 16.35 675135 1066951 Breakout Sustained > DRTE 10.13 9.67 255486 133140 Failed on price Insufficient > volume > FLR 34.25 34.99 729579 847000 Breakout Sustained > SNDK 20.85 20.47 4619439 3520486 Failed on price Insufficient > volume > TNOX 11.60 11.16 207510 455745 Failed on price > > Please note that these are stocks breaking out from a CwH pattern, not > breakouts from any other kind of base. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ian > Sent: Friday, March 21, 2003 12:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] more breakouts > > > Hi Mike: > > May I ask if all 8 of them were heavily shorted issues? The reason I ask is > that I'm still seeing most of the action in the stocks with the largest > short positions. I'm not sure what CANSLIM has to say about it, but my gut > tells me that it implies extra caution. Is it permitted to share todays > 'breakouts' with this list, or is that proprietary information? > > > Also, since the initial market breakdown in September 2000, the 40-week ema > of the OEX has provided a ceiling for every single bear-market rally. > (http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co > mpidx=aaaaa%3A0&comp=&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 > &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate=&show=true&symb=oe > x&draw.x=54&draw.y=14) > > As we stand now with the OEX at 456, that ceiling is a meagre 5 points away > right now. I would argue for close market scurtiny at that level. > > > Cheers, > > Ian > > > > > > > > ----- Original Message ----- > From: > To: > Sent: Friday, March 21, 2003 7:16 AM > Subject: [CANSLIM] more breakouts > > > > All, > > > > For anyone who is using the cwhcharts.com site, today there are already 8 > > breakout alerts! Does this mean that M is finally taking off? I have > > noticed though that none of the recent ones are from the WON lists, and am > > wondering if that should be a reason for caution. > > > > Katherine, any comments? > > > > Thanks > > > > Mike > > > > Mike Niemotka , PE > > Sr. Principal Engineer > > Baxter Healthcare Corporation > > Route 120 & Wilson Road > > Round Lake, IL 60073 > > Tel (847) 270-4075 > > Fax (847) 270-4525 > > michael_niemotka@baxter.com > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -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: Fri, 21 Mar 2003 21:34:44 -0600 From: "Katherine Malm" Subject: RE: [CANSLIM] more breakouts Hi Ian, One thing I should clarify is that our watchlist generation program is agnostic and is based *only* on whether or not the stock meets the *technical* requirements for a cup and handle setup. That is, a stock can set up and/or stage an attempted breakout even if it does not have the preferred CANSLIM *fundamental* characteristics. Other tools at our site assist the user in focusing their attention on fundamentally superior stocks appearing on a watchlist if they so choose. In other words, a stock can break out of an intermediate term consolidation such as a cup and handle without necessarily being a "CANSLIM quality" stock. The market dictates where money is flowing at the time, and it is not always into growth stocks. That said, as I mentioned earlier today, many of today's breakouts did indeed fit the "CANSLIM quality" moniker due to very strong growth fundamental characteristics. Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ian Sent: Friday, March 21, 2003 9:46 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] more breakouts Hi Mike: Thanks a lot for the list (I think it is probably good promotion for your service, as it give folks a chance to look closely at the kinds of stocks/setups that you are alerting on). I will go over your list in detail this weekend, and post my 2 cents worth on Sunday. Cheers, Ian - ----- Original Message ----- From: Mike Gibbons To: Sent: Friday, March 21, 2003 3:12 PM Subject: RE: [CANSLIM] more breakouts > Ian, > > We do not normally release our breakout alerts as they are proprietary, as > Mike Niemotka has already explained. However, in view of your posing the > possibility that an unusually high number of breakouts today are a result of > short covering, I'll post the list of alerts issued today and their status > at market close. I would be very interested to hear what the verdict is on > short covering. > > Symbol BoP Close BoV Volume Status > ------ --- ----- --- ------ ------ > KWD 29.60 29.73 275337 293600 Breakout Sustained > VIP 38.79 39.38 387123 337900 Insufficient volume > ABV 16.48 16.58 586101 602700 Breakout Sustained > ACTI 9.61 9.40 426648 673002 Failed on price > ALTR 15.15 15.20 12922464 15548002 Breakout Sustained > CYBX 20.00 19.97 261645 271400 Failed on price > IBM 83.50 84.90 12962175 12525300 Insufficient volume > ITU 25.90 27.13 152772 104600 Insufficient volume > JEC 42.44 41.97 511167 844700 Failed on price > LLTC 34.87 34.91 10076322 8493255 Insufficient volume > POWI 23.48 23.86 1156207 1187187 Breakout Sustained > RCII 54.60 56.60 819613 476944 Insufficient volume > SBUX 25.75 26.35 6397516 6129293 Insufficient volume > SRCL 38.79 39.42 629319 622635 Insufficient volume > SRNA 16.00 16.35 675135 1066951 Breakout Sustained > DRTE 10.13 9.67 255486 133140 Failed on price Insufficient > volume > FLR 34.25 34.99 729579 847000 Breakout Sustained > SNDK 20.85 20.47 4619439 3520486 Failed on price Insufficient > volume > TNOX 11.60 11.16 207510 455745 Failed on price > > Please note that these are stocks breaking out from a CwH pattern, not > breakouts from any other kind of base. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ian > Sent: Friday, March 21, 2003 12:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] more breakouts > > > Hi Mike: > > May I ask if all 8 of them were heavily shorted issues? The reason I ask is > that I'm still seeing most of the action in the stocks with the largest > short positions. I'm not sure what CANSLIM has to say about it, but my gut > tells me that it implies extra caution. Is it permitted to share todays > 'breakouts' with this list, or is that proprietary information? > > > Also, since the initial market breakdown in September 2000, the 40-week ema > of the OEX has provided a ceiling for every single bear-market rally. > (http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co > mpidx=aaaaa%3A0&comp=&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 > &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate=&show=true&symb=oe > x&draw.x=54&draw.y=14) > > As we stand now with the OEX at 456, that ceiling is a meagre 5 points away > right now. I would argue for close market scurtiny at that level. > > > Cheers, > > Ian > > > > > > > > ----- Original Message ----- > From: > To: > Sent: Friday, March 21, 2003 7:16 AM > Subject: [CANSLIM] more breakouts > > > > All, > > > > For anyone who is using the cwhcharts.com site, today there are already 8 > > breakout alerts! Does this mean that M is finally taking off? I have > > noticed though that none of the recent ones are from the WON lists, and am > > wondering if that should be a reason for caution. > > > > Katherine, any comments? > > > > Thanks > > > > Mike > > > > Mike Niemotka , PE > > Sr. Principal Engineer > > Baxter Healthcare Corporation > > Route 120 & Wilson Road > > Round Lake, IL 60073 > > Tel (847) 270-4075 > > Fax (847) 270-4525 > > michael_niemotka@baxter.com > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 21 Mar 2003 22:17:10 -0600 From: "Gene Ricci" Subject: Re: [CANSLIM] VectorVest - Too good to be true? This is a multi-part message in MIME format. - ------=_NextPart_000_015F_01C2EFF7.9DB6D200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tim, I strongly suggest that you join the following user group and ask = your questions there: vectorvestonlineusersgroup@yahoogroups.com=20 You have to be a subscriber (yes, trials apply) to join and it takes a = couple days.=20 Contact me offline if you have some specific questions about VV. Gene ----- Original Message -----=20 From: Tim Katona=20 To: canslim@lists.xmission.com=20 Sent: Friday, March 21, 2003 7:55 PM Subject: [CANSLIM] VectorVest - Too good to be true? Hi, I just attended a VectorVest free 4 hour seminar on ProGraphics v6.0 = and ProTrader. I have never used VectorVest. Interesting stuff, I'm = getting the five week trial to get some experience using it. Mark Blake from VectorVest described how by using the portfolio = manager that since 2/7/01 using MTI (market timing indicator) crossing = over the +1.5 and -.5 lines, "c-notes, hooks and sinkers" strategy plus = "jubilee" strategy (canned strategies with program) you 'could have' = gained 4,000+% in the last 2 years with an 82% success rate! With other = devices (leaps, etc) one could have achieved 87,000% gains! Back = testing easily shows that this could have been done.=20 I know there are a few VectorVest users on this list and I'd like to = hear your experience. To me, there are some interesting tools but this = sound 'too good to be true." Why do I need anything else, why not just = use their canned strategies (which one, I'm not sure except for the ones = mentioned above)? Why not use their MTI, buy, sell, hold recommendations = for shorting, going long? Have you achieved these kind of gains and = success rates? Does the theory match your actual experience and = practice? What are the real positives and negatives of VectorVest? Can VectorVest complement CANSLIM or are they completely separate = approaches ? With a $645 cost and these kind of returns the ROI would be great. = With some daily programming I could sit by the pool and watch the money = roll in! (I wish.) Thanks in advance for your time and efforts.=20 Tim - ------=_NextPart_000_015F_01C2EFF7.9DB6D200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Tim, I strongly suggest that = you join the=20 following user group and ask your questions there:

vectorvestonli= neusersgroup@yahoogroups.com=20

You have to be a subscriber = (yes, trials=20 apply) to join and it takes a couple days.

Contact me offline if you = have some=20 specific questions about VV.

Gene

----- Original Message -----
From:=20 Tim=20 Katona
To: canslim@lists.xmission.com=

Sent: Friday, March 21, 2003 = 7:55=20 PM

Subject: [CANSLIM] VectorVest - = Too good=20 to be true?

Hi,

I = just attended a=20 VectorVest free 4 hour seminar on ProGraphics v6.0 and ProTrader. I = have never=20 used VectorVest. Interesting stuff, I'm getting the five week trial to = get=20 some experience using it.

Mark Blake from=20 VectorVest described how by using the portfolio manager that = since 2/7/01=20 using MTI (market timing indicator) crossing over the +1.5 and -.5 = lines,=20 "c-notes, hooks and sinkers" strategy plus "jubilee" strategy (canned=20 strategies with program) you 'could have' gained 4,000+% in the last 2 = years=20 with an 82% success rate! With other devices (leaps, etc) one could = have=20 achieved 87,000% gains! Back testing easily shows that this could = have been=20 done.

I = know there are=20 a few VectorVest users on this list and I'd like to hear your = experience. To=20 me, there are some interesting tools but this sound 'too good to be=20 true." Why do I need anything else, why not just use their = canned=20 strategies (which one, I'm not sure except for the ones mentioned = above)? Why=20 not use their MTI, buy, sell, hold recommendations for shorting, going = long?=20 Have you achieved these kind of gains and success rates? Does the = theory match=20 your actual experience and practice? What are the real positives and = negatives=20 of VectorVest?

Can VectorVest complement CANSLIM or = are they=20 completely separate approaches ?

With a $645 cost=20 and these kind of returns the ROI would be great. With some daily = programming=20 I could sit by the pool and watch the money roll in! (I=20 wish.)

Thanks in advance=20 for your time and efforts.

Tim

- ------=_NextPart_000_015F_01C2EFF7.9DB6D200-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #3239 ****************************** 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.