From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #356 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 Thursday, August 13 1998 Volume 02 : Number 356 In this issue: [CANSLIM] canslim-digest V2 #355 - I'm out of the office RE: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] canslim-digest V2 #355 - I'm out of the office Re: [CANSLIM] Charting software (new attempt at the question) RE: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Ugly day behind (was Ugly day ahead) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) RE: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) RE: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Off Subject - Internet Related Symbol List RE: [CANSLIM] Off Subject - Internet Related Symbol List Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) Re: [CANSLIM] Charting software (new attempt at the question) [CANSLIM] Time to start counting? [CANSLIM] Industry Groups Re: [CANSLIM] Time to start counting? [CANSLIM] NonCanslim - Mindspring Info Re: [CANSLIM] Time to start counting? [CANSLIM] Computer - Integrated Systems Group Re: [CANSLIM] canslim-digest V2 #355 - I'm out of the office [CANSLIM] WOWS [CANSLIM] Open Letter to IBD Editors Re: [CANSLIM] WOWS Re: [CANSLIM] Charting software (new attempt at the question) ---------------------------------------------------------------------- Date: Wed, 12 Aug 1998 01:27:21 -0600 From: "William Couch" Subject: [CANSLIM] canslim-digest V2 #355 - I'm out of the office I am out of the office until August 24. If you need immediate assistance, = please contact Dan Herrmann or Kevin Dick. Bill - - ------------------------------ Date: Wed, 12 Aug 1998 00:43:01 -0700 From: "Mike Lucero" Subject: RE: [CANSLIM] Charting software (new attempt at the question) Their Internet Trader Pro 7 seems like it would be pretty good, but it's expensive ($350 ordered in August, $500 after), and not yet available. Thanks for posting the info. Mike > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of dbphoenix > Sent: Tuesday, August 11, 1998 3:30 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Charting software (new attempt at the question) > > > < where do these packages get their data from?>> > > As regards WOWS, the data provider is DialData. > > < quote format that I should make sure a piece of software can read?>> > > The standard seems to be Metastock. > > <> > > The answer to all your questions is yes, except for the following: > > "If I would like intraday quotes, can I get them? For all stocks in the > database? Can I get them in the middle of the day?" > > WOWS has an upgrade for Pro Investor called Internet Trader Pro 7. It > does provide intraday quotes along with a bunch of other things. It's > described at their new website at www.windowonwallstreet.com. The > upgrade adds to the cost of Pro Investor, though, and the data > download process is different. Pre-release price is available only > until 8/31. > > <<-How much does the data cost?>> > > Through DialData, $35/mo including fundamental data. If you don't > want the fundamental data, the cost is less, but if you don't want the > fundamental data, the only advantage to WOWS as far as I can see is > the low cost. > > --Db > > > > > > > > > _________________________________________________________ > DO YOU YAHOO!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > > - - ------------------------------ Date: Wed, 12 Aug 1998 11:39:25 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] canslim-digest V2 #355 - I'm out of the office On Wed, 12 Aug 1998 01:27:21 -0600, you wrote: :I am out of the office until August 24. If you need immediate = assistance, please contact Dan Herrmann or Kevin Dick. : :Bill : Why does this keep appearing? Is this a bot generated blurb? I know (of) a Dan Herrmann (spelling) in Burlington, VT. It that the same guy? Dan musicant@autobahn.org - - ------------------------------ Date: Wed, 12 Aug 1998 12:32:29 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] Charting software (new attempt at the question) On Tue, 11 Aug 1998 22:09:42 -0400, you wrote: :> -can I write my own technical indicators? : : No.=20 : QP2 -- Granted, you can't write your own TA indicators. Not withinn their software, that is. However, you do download the data, either from their website or by a direct phone connection (different pricing for each). Now, in my mind this brings up the possibility of writing your own program using your own indicators that will analyze the data you have downloaded. Does anyone have any comments? What format is this data from QP? Spreadsheet? ASCII text? I know of at least one programmer who has written his own analysis system that he applies to equities data that he downloads. Is the QP download amenable to this? Dan : : :Craig Griffin : musicant@autobahn.org - - ------------------------------ Date: Wed, 12 Aug 1998 06:30:29 -0700 (PDT) From: dbphoenix Subject: RE: [CANSLIM] Charting software (new attempt at the question) <> The brochure I received in the mail gave a price of $199. This is not unusual. If anyone were interested in it and told them you received a solicitation in the mail for that price, I'm sure they'd give it to you. They always have. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 12:48:03 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Charting software (new attempt at the question) Quotes Plus v2: >-can I screen on technical indicators? Yes. >-can I screen on fundamental data? Yes. However the best fundamental data, especially for CANSLIMers, seems to be DGO. I have not seen any other dat provider that has fundamental data as precise / up-to-date as WONs DGO. QPv2 fundamental data is "standard" quality. Does the job. If you can afford QPv2 and DGO, that would be better. >-can I write my own screens based on technical and fundamental data? Yes. >-can I write my own technical indicators? Yes. QPv2 has a separate charting and scanning prog. You can write whatever technical indicators you want in the scanning module. The charting module will load the list of stocks that your scanning routine produces. Then you can look at the charts. But the charting program only shows the technical indicators that come with it. If you want to chart your own technical indicators, you could do that via a spreadsheet like MS Excel. You can also use QPv2 for scanning and do all your charting in MetaStock or WOWS for example. Seems that quite a few "advanced: QPv2 users do this. Anyway, the charting prog that comes with QPv2 is enough for me at the moment: Stock, MACD,OBV, RSI, ROC, Chaikin Money Flow line, Chaikin 21 day Money Flow oscillator, ADX, PDM/MDM, SMA's, EMA's, WMA's, etc. >-Can I produce charts with technical indicators, and fundamental >information? Charts with technical indicators. Yes, but one indicator at a time + as many SMA, EMA and WMAs as you want. >-Can I download all stock data at the end of each day. Yes. >If I miss a day (out of town), have the ability to download all the end of day stock >data since the last time I downloaded. N/A since you won't want to go out of town one you have QPv2. Just kiddin'. Yes you can. If you are away for months you can other the data on CD. >-If I would like intraday quotes, can I get them? No. > Can I get them in the middle of the day? No. >-How much does the data cost? Very little compared to others I have checked. Approx $20 per month. QPv2 provide the data. You download it via the internet or via direct modem connection, as you prefer. Hope this helps. - -- Johan Van Houtven - - ------------------------------ Date: Wed, 12 Aug 1998 06:46:39 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Charting software (new attempt at the question) <> Since WOWS provides fundamental scanning capability, why would you want to buy both QP and WOWS? If I were going to buy a separate program for fundamental scanning, I'd go with the AAII program. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 09:51:45 -0400 (EDT) From: "Surindra J. Singh" Subject: Re: [CANSLIM] Ugly day behind (was Ugly day ahead) On Tue, 11 Aug 1998, Tom Worley wrote: > Asia battered overnight, big losses in Europe currently, FTSE down > 2.3%, both Germany and France down over 3.3%, interestingly Russia > holding up. Futures equally ugly, having actually been positive last > evening, now S&P500 down over 1.8% while Nasdaq100 down over 2.2%, > both accelerating downward sharply in the past hour. And the yen > sharply broke thru its 8 year low of 146.75, now at 147.4. The dollar > is also strong against the mark, with the mark close to going over > 1.79. > > Looks like we start the day solidly in negative territory, big caps > likely to get hit hard, esp the techs, unless we reverse in the next > two hours, and no evidence of that yet. > > As one member pointed out, this is not a market for new investors, not > sure it's a market for anyone right now. Money market funds looking > better all the time. > > Tom W > > > > - > > - - ------------------------------ Date: Thu, 13 Aug 1998 10:36:10 -0400 From: Peter Newell Subject: Re: [CANSLIM] Charting software (new attempt at the question) Here's my opinion: so press discard ;) TC2000 - good if you are looking for ways to monitor marker for B/O's good charting also has developer's VBA interface if you want to go crazy Fast download scanning WOW's - Good charting indicators. Dial data and scanning very slow. QP2: fast download, fast scan, decent charts developer's interface If I could put QP2 scan/download with WOW's charting I'd buy it. Peter - - ------------------------------ Date: Wed, 12 Aug 1998 07:53:49 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Charting software (new attempt at the question) <> In what way is it slow? It takes me about a minute to scan 1500 stocks. The download from DD takes maybe five for the same number of stocks. Are you sure you're doing the downloads and scans correctly? - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 07:26:37 -0700 (PDT) From: TM Subject: RE: [CANSLIM] Charting software (new attempt at the question) So, Db- Are you switching? TM - ---dbphoenix wrote: > > > > < it's > expensive ($350 ordered in August, $500 after), and not yet available. > Thanks for posting the info. > > Mike>> > > The brochure I received in the mail gave a price of $199. This is not > unusual. If anyone were interested in it and told them you received a > solicitation in the mail for that price, I'm sure they'd give it to > you. They always have. > > --Db > > > > _________________________________________________________ > DO YOU YAHOO!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > > _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Thu, 13 Aug 1998 11:42:55 -0400 From: Peter Newell Subject: Re: [CANSLIM] Charting software (new attempt at the question) It's been 2 yrs since I've used their stuff QP2 can download all stocks in 5 minutes. I just found it very clumsy. - ---------- > From: dbphoenix > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Charting software (new attempt at the question) > Date: Wednesday, August 12, 1998 10:53 AM > > > <> > > In what way is it slow? It takes me about a minute to scan 1500 > stocks. The download from DD takes maybe five for the same number of > stocks. Are you sure you're doing the downloads and scans correctly? > > --Db > > > > > > _________________________________________________________ > DO YOU YAHOO!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - - - ------------------------------ Date: Wed, 12 Aug 1998 08:58:05 -0700 (PDT) From: dbphoenix Subject: RE: [CANSLIM] Charting software (new attempt at the question) <> For me it's a question of upgrading rather than switching since I already own the program. I haven't decided if the new features are worth the cost of the upgrade (I'm into sort of a WOWS, Yahoo, freerealtime, bigcharts routine). However, for someone who doesn't already own ProInvestor, I think the new incarnation is pretty amazing. And for $200, I don't know of anything else that comes even close. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 12:27:58 -0400 From: Scott Vickery Subject: Re: [CANSLIM] Charting software (new attempt at the question) First off, I want to thank everyone for the flood of responses to my questions. It is really helping. To add to your response: I earn a living as a database programmer, if the data is in SOME sort of non-propritary database, then it would be pretty easy to write screens outside of the software. For that matter, it could probably be done within Excel. I suppose this does not answer your question, but, after I make a decision on what to buy, I will let all know what I find out. Scott Dan Musicant wrote: > On Tue, 11 Aug 1998 22:09:42 -0400, you wrote: > > :> -can I write my own technical indicators? > : > : No. > : > > QP2 -- > > Granted, you can't write your own TA indicators. Not withinn their > software, that is. However, you do download the data, either from > their website or by a direct phone connection (different pricing for > each). Now, in my mind this brings up the possibility of writing your > own program using your own indicators that will analyze the data you > have downloaded. Does anyone have any comments? What format is this > data from QP? Spreadsheet? ASCII text? > > I know of at least one programmer who has written his own analysis > system that he applies to equities data that he downloads. Is the QP > download amenable to this? > > Dan > > : > : > :Craig Griffin > : > > musicant@autobahn.org > > - - - ------------------------------ Date: Wed, 12 Aug 1998 17:00:16 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] Charting software (new attempt at the question) On Wed, 12 Aug 1998 12:27:58 -0400, you wrote: :First off, I want to thank everyone for the flood of responses to my :questions. It is really helping. To add to your response: : :I earn a living as a database programmer, if the data is in SOME sort of :non-propritary database, then it would be pretty easy to write screens :outside of the software. For that matter, it could probably be done :within Excel. : :I suppose this does not answer your question, but, after I make a :decision on what to buy, I will let all know what I find out. : :Scott Hi Scott, I too make a living doing database programming. My long suit is =46oxPro. ASCII, spreadsheet or any database that can be accessed by ODBC (Open Database Connnectivity) would be accessible to a custom program written in any number of programming languages. As you suggest, and as Johan noted in this thread: "If you want to chart your own technical indicators, you could do that via a spreadsheet like MS Excel." Excel and other spreadsheet programs and FoxPro come with graphing modules. I don't know which approach would work better -- spreadsheet or database. Partly this depends on your spreadsheet skills vs. database programming skills, and also, just what kinds of things you want to analyse and/or display concerning the data. Of course, you don't want to "reinvent the wheel", and it's best to look around and see what's available before getting too deeply into an involved project. Also, good to make sure that the results you are going to get are worth the effort in achieving them. :) What else is new, right? Seems to me that it's entirely possible that you could find an off the shelf program (or even something free) that will analyse your data.=20 Dan musicant@autobahn.org - - ------------------------------ Date: Wed, 12 Aug 1998 19:09:55 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Charting software (new attempt at the question) >Since WOWS provides fundamental scanning capability, why would you >want to buy both QP and WOWS? >--Db I have no idea whatsoever wht anyone would ver want to do something as foolish as that. Now that you mention it: Can you find one good reason why the world shouldn't standardize on WOWS? Johan P.S.: ;^) - - ------------------------------ Date: Wed, 12 Aug 1998 10:21:30 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] Charting software (new attempt at the question) <<>Since WOWS provides fundamental scanning capability, why would you >want to buy both QP and WOWS? >--Db I have no idea whatsoever wht anyone would ver want to do something as foolish as that. Now that you mention it: Can you find one good reason why the world shouldn't standardize on WOWS? Johan>> I don't know whether it would be foolish or not. I'm just wondering why one would want both. Do the differences outweigh the similarities enough to make the cost of buying both worthwhile? - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 11:43:52 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Charting software (new attempt at the question) From: musicant@autobahn.org (Dan Musicant) To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Charting software (new attempt at the question) > I don't know which approach would work better -- spreadsheet or > database. Partly this depends on your spreadsheet skills vs. database > programming skills, and also, just what kinds of things you want to > analyse and/or display concerning the data. Of course, you don't want > to "reinvent the wheel", and it's best to look around and see what's > available before getting too deeply into an involved project. Also, > good to make sure that the results you are going to get are worth the > effort in achieving them. :) I got into trying to program my own stuff several years ago, and finally concluded it wasn't worth it. You end up spending all your time on the programming project and not on the analysis side of things. Also, you have this nagging question of whether or not you have any weird programming bugs that you missed that might be giving you incorrect results. This was in C, less chance of goofs with a spreadsheet, but still, probably better to go with an off the shelf product. - - ------------------------------ Date: Wed, 12 Aug 1998 11:57:28 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Off Subject - Internet Related Symbol List Date sent: Tue, 11 Aug 1998 22:29:29 -0400 To: canslim@xmission.com From: Craig Griffin > Here is a list of symbols that I consider to be internet related. I am > using a very loose definition of that in order to allow myself to include > brcm telecom eqp - cable modems I have been tracking this one also. Phenomenal growth rate, a recent IPO so little trading history. I saw a press release where the president of the company said if they aren't as big as Intel eventaully then they have screwed up. Pretty bold statement, but indicates how ambitous he is and how large he sees the potential market. Do you or anyone else have any comments on this company - fundamentals, technical, etc? (Broadcomm for those who don't know the symbol.) - - ------------------------------ Date: Wed, 12 Aug 1998 13:02:51 -0500 From: "blake" Subject: RE: [CANSLIM] Off Subject - Internet Related Symbol List Anybody know a person who can write pc/internet software? I have an interesting proposal for some investment software. Blake@fn.net - - ------------------------------ Date: Wed, 12 Aug 1998 20:13:23 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Charting software (new attempt at the question) >>I have no idea whatsoever why anyone would ever want to do something as >>foolish as that. Now that you mention it: Can you find one good reason > >why the world shouldn't standardize on WOWS? >> >>Johan > >I don't know whether it would be foolish or not. I'm just wondering >why one would want both. Do the differences outweigh the similarities >enough to make the cost of buying both worthwhile? > >--Db My reply was more of a joke. That's why I put "P.S.: ;^) " at the end of it. I haven't tried out WOWS, so obviously I can't say anything worthwhile about it. I do know that there are a number of WOWS users on the QP thread at www.techstocks.com that swear by the combination of QP + WOWS. As they seems to be intelligent people, I like to think that they have a good reason for using both. Maybe they just had QP first, then wanted a program that had more charting capabilities, but they wanted to keep QP as a data provider + they had time invested in the scans that had written? QPv2 costs approx $50. Data approx $20 per month. Very reasonable IMO. So I can imagine that quite a number of QP users would want to buy WOWS @ $99 to $199, if they are desparate for more advanced charting capabilities. Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Wed, 12 Aug 1998 16:46:34 -0400 From: Scott Vickery Subject: Re: [CANSLIM] Charting software (new attempt at the question) Patrick Wahl wrote: > From: musicant@autobahn.org (Dan Musicant) > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Charting software (new attempt > at the question) > > > I don't know which approach would work better -- spreadsheet or > > database. Partly this depends on your spreadsheet skills vs. > database > > programming skills, and also, just what kinds of things you want to > > analyse and/or display concerning the data. Of course, you don't > want > > to "reinvent the wheel", and it's best to look around and see what's > > > available before getting too deeply into an involved project. Also, > > good to make sure that the results you are going to get are worth > the > > effort in achieving them. :) > > I got into trying to program my own stuff several years ago, and > finally concluded it wasn't worth it. You end up spending all your > time on the programming project and not on the analysis side of > things. Also, you have this nagging question of whether or not you > have any weird programming bugs that you missed that might be > giving you incorrect results. This was in C, less chance of goofs > with a spreadsheet, but still, probably better to go with an off the > shelf product. > > - That is actually the conculsion I have already come to. If there is not a way within the software to write screens, then I will either have to do without, or buy a different piece of software. I typically do not write software for myself, it does not pay :). Scott - - ------------------------------ Date: Wed, 12 Aug 1998 17:31:28 -0400 From: Scott Vickery Subject: Re: [CANSLIM] Charting software (new attempt at the question) Johan Van Houtven wrote: > >>I have no idea whatsoever why anyone would ever want to do something > as > >>foolish as that. Now that you mention it: Can you find one good > reason > > >why the world shouldn't standardize on WOWS? > >> > >>Johan > > > >I don't know whether it would be foolish or not. I'm just wondering > >why one would want both. Do the differences outweigh the > similarities > >enough to make the cost of buying both worthwhile? > > > >--Db > > My reply was more of a joke. That's why I put "P.S.: ;^) " at the end > of it. > > I haven't tried out WOWS, so obviously I can't say anything worthwhile > > about it. I do know that there are a number of WOWS users on the QP > thread > at www.techstocks.com that swear by the combination of QP + WOWS. As > they > seems to be intelligent people, I like to think that they have a good > reason for using both. > > Maybe they just had QP first, then wanted a program that had more > charting > capabilities, but they wanted to keep QP as a data provider + they had > time > invested in the scans that had written? > > QPv2 costs approx $50. Data approx $20 per month. Very reasonable IMO. > So I > can imagine that quite a number of QP users would want to buy WOWS @ > $99 > to $199, if they are desparate for more advanced charting > capabilities. > > > > Johan Van Houtven / CLICK! N.V. > > - I am reading into this that the data feed for QPv2 will work with WOWS. Do you know if that is correct? If so, I am slowly coming to the conclusion of getting QPv2 for now, and then get WOWS later. Scott - - ------------------------------ Date: Wed, 12 Aug 1998 15:05:49 -0700 From: Brian Nash Subject: [CANSLIM] Time to start counting? Anybody have the volume figures from today within easy reach? The last chance I had to look at noon, they were nothing special. Time to start counting yet? - - ------------------------------ Date: Wed, 12 Aug 1998 15:07:41 PDT From: "S Menon" Subject: [CANSLIM] Industry Groups I have a question: How do they (IBD, TC2000, Telescan ...) figure out the stock industry groups ? IBD has CBSL and SYNT in two different groups. CBSL SYNT, PRTG, ANLY all do the same thing. TC2000 has PURW in Computers! Also how do they re-arrange the groups ? Is it purely based on performance ? Thanks Sm ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Wed, 12 Aug 1998 15:16:26 -0700 (PDT) From: TM Subject: Re: [CANSLIM] Time to start counting? I would say no. Just looked at Yahoo, Dow and NAZ closed on a little less volume than yesterday. This goes along with the IBD groups I've watched today, up a little on very low volume. TM - ---Brian Nash wrote: > > Anybody have the volume figures from today within easy reach? The last > chance I had to look at noon, they were nothing special. Time to start > counting yet? > > > - > > _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Wed, 12 Aug 1998 20:10:52 -0400 From: "Frank V. Wolynski" Subject: [CANSLIM] NonCanslim - Mindspring Info Every Quarter Charles Brewer, CEO of Mindspring writes a letter to all subscribers. As I offered last quarter, I will forward the letter to all interested, but please do not respond to this by hitting reply! Send a request for the full letter to: wolynski@mindspring.com Here is an excerpt: MINDSPRING WINS AWARDS In addition to the Family PC award, MindSpring has racked up a batch of prestigious awards since my last letter back in March. In June we were named a Best Buy by Smart Money Magazine. In July we received the PC World "World Class" award as best ISP. In April our Web Hosting service was chosen as the Best Buy by Home Office Computing magazine. And in May, MindSpring was chosen as the runner up in the very prestigious Rochester Institute of Technology / USA Today Quality Cup for best customer service in ANY industry. Finally, in April, Interactive Week named MindSpring as one of the ten best companies to work for. Regards, Frank Wolynski ( No I am not affiliated with Mindspring, I just think they are an exceptional company.) - - ------------------------------ Date: Wed, 12 Aug 1998 22:24:05 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Time to start counting? At 15:05 8/12/98 -0700, Brian Nash wrote: >Anybody have the volume figures from today within easy reach? The last >chance I had to look at noon, they were nothing special. Time to start >counting yet? > >- According to DialData, on Tuesday: S&P500 put in a lower low intraday and closed lower than the low established on 8/5/98. The OTC held the prior low established on 8/5/98 intraday and closed higher. The Dow held the prior low established on 8/5/98 intraday and closed lower. The RUT both closed higher and had a higher intraday low than that established on 8/5/98. A divergence is established between the indicators which some have stated is signaling the long awaited and much anticipated rally in the lower tiers, IE the RUT. Based on the RUT and OTC, the low was established on 8/5/98, which means this is day 5. Based on the S&P, this is day 1. Based on the Dow's closing, this is day 1. But, based on the Dow's intraday, this is day 5. My favorite Index to use for this purpose is the NYSE composite. It both closed lower and had a lower intraday on Tuesday. Therefore, my count sez day 1 was today. How do you interpret all of this? Jeffery's the Guru in regards to the count phenomena. I'm a volume follower and base all my analysis on volume studies. It isn't giving me a strong enough divergence yet to signal a bottom has been found. Interesting enough, todays IBD on page A5 shows a chart and depicts the past few days as a failed rally attempt. The chart they show clearly shows the Dow at a lower low for Tuesday than the day labeled a rally attempt which was 8/5/98, the actual low day. The IBD also happens to be wrong. In the same issue on pg A27, the Dow is also charted and the low is higher than the low on 8/5/98. The author is apparently using the close as the basis for all conclusions she is making. That is fine, but the charts should be correct. Based on the NYSE and the 4-7 day window as described in the article in the IBD, the earliest we look for the 1% up on increasing volume would be Monday, the latest would be Thursday of next week. My volume studies show the rest of this week as continued selling. I could be wrong, I often am, plan accordingly. Best Regards, Frank Wolynski - - ------------------------------ Date: Wed, 12 Aug 1998 22:49:37 -0400 From: "Frank V. Wolynski" Subject: [CANSLIM] Computer - Integrated Systems Group Computer-Integrated Systems Ranking # 19, up 4 consecutive weeks in a row! All stocks above their 50day MOV and the close and 50 are above the 200day MOV. Not a bad stat in such a dreay market! New leaders in the next up leg? ( You got something better to watch?) JKHY, KRON, PMS, SYMX Frank Wolynski - - ------------------------------ Date: Wed, 12 Aug 1998 21:55:22 -0500 From: "Richard S." Subject: Re: [CANSLIM] canslim-digest V2 #355 - I'm out of the office I don't know, but I'll sure be glad when he gets back .... < Richard S. > - -----Original Message----- From: Dan Musicant To: canslim@lists.xmission.com Date: Wednesday, August 12, 1998 6:41 AM Subject: Re: [CANSLIM] canslim-digest V2 #355 - I'm out of the office On Wed, 12 Aug 1998 01:27:21 -0600, you wrote: :I am out of the office until August 24. If you need immediate assistance, please contact Dan Herrmann or Kevin Dick. : :Bill : Why does this keep appearing? Is this a bot generated blurb? I know (of) a Dan Herrmann (spelling) in Burlington, VT. It that the same guy? Dan musicant@autobahn.org - - - - ------------------------------ Date: Wed, 12 Aug 1998 22:04:14 -0500 From: Dave Cameron Subject: [CANSLIM] WOWS I sent this recently to a slightly different group - its a novice's view on WOWS per the recent discussion. Dave C. - ---------- > > Well, I have been able to reproduce some fundamental and technical criteria > via Windows On Wall Street. It has quite a bit to choose from, and seems > to be amenable to almost anything. However, it is not easy to learn. I > have a sizable book which came with it - and have managed to muck up data > a few times and had to reinstall. > > The internet downloads are through Dial Data; a rather seamless interface. > You pay per stock. Quarterly one can get complete CDs of all stocks. > I find it best to use the quarterly to narrow it down, then use Dial > Data to update a tracking list. I still have a lot to learn. > > I'm heading for Colorado for vacation for 2 weeks. Hope to resume > when I get back. > > Dave Cameron - - ------------------------------ Date: Wed, 12 Aug 1998 23:12:30 -0400 From: "Frank V. Wolynski" Subject: [CANSLIM] Open Letter to IBD Editors Apparently no-one has noticed that in Tuesdays and Wednesdays IBD, the 'Industry Prices' for the groups are exactly the same. It may not be important to some what the groups do on a daily basis, but this a particular section I use extensively. I find it absolutely appalling that the editors could have made such a crucial mistake during one of the more important trading weeks thus far this year! I also find it lessens the credibility I can entrust to IBD. Was the 'mistake' strategic or just ineptitude? I apologize for voicing this to the group, but hopefully someone on the list knows how to forward this to the IBD, I don't. Besides, I pretty P.O'd right now and don't want to hear their lame a-- excuses! Frank Wolynski (Yeah, I have my surrogate groups, but that's not the point!) - - ------------------------------ Date: Wed, 12 Aug 1998 20:17:23 -0700 (PDT) From: dbphoenix Subject: Re: [CANSLIM] WOWS <> If you're paying per stock, you ought to look into the unlimited flat-fee download rate. It's only $17, and their minimum is $15. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Thu, 13 Aug 1998 11:42:58 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Charting software (new attempt at the question) > I am reading into this that the data feed for QPv2 will work with >WOWS. Do you know if that is correct? I won't read the data directly AFAIK, it works via their Virtual File system. Best to ask Quotes Plus directly, as I don't use this feature myself. > If so, I am slowly coming to the conclusion of getting QPv2 for now, >and then get WOWS later. QPv2 has a programming interface. You get some Visual Basic stuff and C & C++ headers, include files, libs etc. Again, please consult QP themselves as I'm not a programmer and don't know what you can do with all of this. - -- Johan Van Houtven - - ------------------------------ End of canslim-digest V2 #356 ***************************** 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.