Re: [CANSLIM] Insider Trading

From: "Jack Stephenson" <jacksteph@adelphia.net>
Subject: Re: [CANSLIM] Insider Trading
Date: Tue, 1 Jan 2002 20:59:04 -0800
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Can anyone recommend a website that provides insider trading information?

Thanks,
Jack

- ----- Original Message -----
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: <canslim@lists.xmission.com>
Sent: Tuesday, January 01, 2002 3:37 PM
Subject: AW: [CANSLIM] GAIA


> Tom,
>
> I am not concerned, my SL is very tight and the IG Trend is up, so I
belive
> there is a good
> chance that the BO will work.
>
> I am not good in calculating pivot points, the whole entry strategy of
> Oneil just does not work
> for me and a 50/50 chance is not good enough for me.
>
> What I am trying to do is to get in before the breakout. If I miss it I
> still consider
> to go in (as with GAIA), but that depends on how strong the industry trend
> is.
>
> What determines if a breakout works or not? I bet on the Industry Group
> Trend (and what I did backtest
> so far looks good enough for me, so that I try this now).
>
> So I do not use the rule that if you miss a breakout 10% above Pivot, that
> you should not go in.
>
> The Industry Group Chart that gave a buy signal on 12/27, which
> I was not reacting to, because I had some other unfortunate private things
> to do.
>
> (A buy signal of an Industry Group is for me: Price breaks out of a
> consolidation area,
> RS and Price of the Group is in a clear uptrend and I apply chart patterns
> that are known from individual stocks
> to the group, furthermore RS of the IG should be above 80, better 90)
>
> I completly changed my strategy, I only look from top down (Market -->
> Industry Group --> Stock).
> A IG sets up a bull market for its members, that can even go against the
> whole market. Oil and Medical
> Stocks had great returns in 2000 or 2001. From where did TARO come?
>
> When a IG gives me a signal, I simply look up the stocks that look
> fundamentally and technically good (applying
> Canslim Criteria).
>
> Example FDS -->
>
> FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK
> for me because the IG Strength is above 80.
>
> Now the important part:
>
> Industry Group is in a good uptrend, RS is 85, RS and price make new highs
> almost every day.
> Chart of FDS  has a real nice Flag and I can go in very agressivly with a
> real tight stop (I try to get in tomorow for 35 and the SL will be around
> 34). and simply wait for a breakout.
>
> I can use margin on my account (due to the tighter stop loss) and can so
> spread my bets to 8 - 10 Stocks.
> I am not sure how long I will wait, but so fare it never took longer then
a
> week to be stoped out or to be
> in before the BO.
>
> Since I use this strategy I have some promising results and my portfolio
is
> doing great during downdays of the market.
> I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after
> breakout, because I liked the IG Trend), RYL (After).
>
> Even better, I use it also for selling:
> ECTX and UTSI got out (with a win) after I saw that the IG is not ready
yet
> (Its still basing).
>
>
> I know this is not all sound and not yet backtestet, but something tells
me
> that I should try this.
>
> See you
>
> Andreas
>
>
>
>
>
>
> > -----Ursprungliche Nachricht-----
> > Von: Tom Worley [SMTP:stkguru@netside.net]
> > Gesendet am: Tuesday, January 01, 2002 2:40 AM
> > An: canslim@lists.xmission.com
> > Betreff: Re: [CANSLIM] GAIA
> >
> > Andreas, you got your gap up, but I would be concerned about it closing
> > almost at the low of the day on very heavy volume (what Katherine calls
a
> > tail).  I also would be interested in you explaining how you selected
> your
> > pivot or entry point, as I do not see a good one (other than the base it
> > built between 15 and 16.50).
> >
> > Tom Worley
> > stkguru@netside.net
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> > To: <canslim@lists.xmission.com>
> > Sent: Monday, December 31, 2001 8:49 AM
> > Subject: [CANSLIM] GAIA
> >
> >
> > > GAIA Broke out on Friday
> > >
> > > CWH (Weekly Chart)
> > > Industry Group is in a very good uptrend (Price and Relative Strength)
> > >
> > > Pros -->
> > >
> > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A,
> Timeless
> > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%,
> > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to
> high
> > > for a retail comp)
> > > Accelarating Sales. Business Model seems to me very interesting
> > > (Environmental Lifestile stuff, Scalable through the web)
> > >
> > > Cons -->
> > >
> > > New CFO, Institutions are in big time (over 70% Institutions, I know
> the
> > > numbers do not add up,
> > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) =
> 22%).
> > > So if the institutions sell, price goes down
> > > fast.
> > >
> > > I will get in today if there is a gap up today. I will wait if the
open
> is
> > > flat.
> > >
> > > See you
> > >
> > > Andreas
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > -
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> > >
> >
> >
> >
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