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Subject: Re: [CANSLIM] GAIA
Date: Thu, 3 Jan 2002 00:30:35 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C193ED.DC079060 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Neal, Just until Andreas can answer your question, "IG" is referring to the = industry group graphs in DGO (http://beta.dailygraphs.com). These are = the same graphs shown on the Big Picture page in IBD, but all industries = are available each day. Katherine ----- Original Message -----=20 From: Neal Frankle=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 02, 2002 6:55 PM Subject: RE: [CANSLIM] GAIA What is this IG you refer to? Sorry...did I miss something? = Andreas,,,,are you using some other system or software? Thanks, Neal -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas = Himmelreich Sent: Tuesday, January 01, 2002 3:37 PM To: 'canslim@lists.xmission.com' 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) = =3D 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 > > > > > > > > > > > > > > > > > > - > > -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. - ------=_NextPart_000_0010_01C193ED.DC079060 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4611.1300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Hi Neal,</DIV> <DIV> </DIV> <DIV>Just until Andreas can answer your question, "IG" is referring to = the=20 industry group graphs in DGO (<A=20 href=3D"http://beta.dailygraphs.com">http://beta.dailygraphs.com</A>). = These are=20 the same graphs shown on the Big Picture page in IBD, but all industries = are=20 available each day.</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Dnfrankle@pacbell.net = href=3D"mailto:nfrankle@pacbell.net">Neal=20 Frankle</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, January 02, = 2002 6:55=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] = GAIA</DIV> <DIV><BR></DIV>What is this IG you refer to? Sorry...did I miss=20 something? Andreas,,,,are<BR>you using some other system or=20 software?<BR><BR>Thanks,<BR>Neal<BR><BR>-----Original = Message-----<BR>From: <A=20 = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com</A><BR>[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Andreas Himmelreich<BR>Sent: Tuesday, January 01, 2002 3:37=20 PM<BR>To: <A=20 = href=3D"mailto:'canslim@lists.xmission.com'">'canslim@lists.xmission.com'= </A><BR>Subject:=20 AW: [CANSLIM] GAIA<BR><BR>Tom,<BR><BR>I am not concerned, my SL is = very tight=20 and the IG Trend is up, so I belive<BR>there is a good<BR>chance that = the BO=20 will work.<BR><BR>I am not good in calculating pivot points, the whole = entry=20 strategy of<BR>Oneil just does not work<BR>for me and a 50/50 chance = is not=20 good enough for me.<BR><BR>What I am trying to do is to get in before = the=20 breakout. If I miss it I<BR>still consider<BR>to go in (as with GAIA), = but=20 that depends on how strong the industry trend<BR>is.<BR><BR>What = determines if=20 a breakout works or not? I bet on the Industry Group<BR>Trend (and = what I did=20 backtest<BR>so far looks good enough for me, so that I try this=20 now).<BR><BR>So I do not use the rule that if you miss a breakout 10% = above=20 Pivot, that<BR>you should not go in.<BR><BR>The Industry Group Chart = that gave=20 a buy signal on 12/27, which<BR>I was not reacting to, because I had = some=20 other unfortunate private things<BR>to do.<BR><BR>(A buy signal of an = Industry=20 Group is for me: Price breaks out of a<BR>consolidation area,<BR>RS = and Price=20 of the Group is in a clear uptrend and I apply chart patterns<BR>that = are=20 known from individual stocks<BR>to the group, furthermore RS of the IG = should=20 be above 80, better 90)<BR><BR>I completly changed my strategy, I only = look=20 from top down (Market --><BR>Industry Group --> Stock).<BR>A IG = sets up=20 a bull market for its members, that can even go against the<BR>whole = market.=20 Oil and Medical<BR>Stocks had great returns in 2000 or 2001. From = where did=20 TARO come?<BR><BR>When a IG gives me a signal, I simply look up the = stocks=20 that look<BR>fundamentally and technically good (applying<BR>Canslim=20 Criteria).<BR><BR>Example FDS --><BR><BR>FDS seems fundamentally to = be OK,=20 RS is a litle weak, but 70 is still OK<BR>for me because the IG = Strength is=20 above 80.<BR><BR>Now the important part:<BR><BR>Industry Group is in a = good=20 uptrend, RS is 85, RS and price make new highs<BR>almost every = day.<BR>Chart=20 of FDS has a real nice Flag and I can go in very agressivly with = a<BR>real tight stop (I try to get in tomorow for 35 and the SL will = be=20 around<BR>34). and simply wait for a breakout.<BR><BR>I can use margin = on my=20 account (due to the tighter stop loss) and can so<BR>spread my bets to = 8 - 10=20 Stocks.<BR>I am not sure how long I will wait, but so fare it never = took=20 longer then a<BR>week to be stoped out or to be<BR>in before the=20 BO.<BR><BR>Since I use this strategy I have some promising results and = my=20 portfolio is<BR>doing great during downdays of the market.<BR>I got in = SIDE=20 (before), ROOM (well before), RSC (before), FHRX (after<BR>breakout, = because I=20 liked the IG Trend), RYL (After).<BR><BR>Even better, I use it also = for=20 selling:<BR>ECTX and UTSI got out (with a win) after I saw that the IG = is not=20 ready yet<BR>(Its still basing).<BR><BR><BR>I know this is not all = sound and=20 not yet backtestet, but something tells me<BR>that I should try=20 this.<BR><BR>See you<BR><BR>Andreas<BR><BR><BR><BR><BR><BR><BR>>=20 -----Ursprungliche Nachricht-----<BR>> Von: Tom Worley=20 [SMTP:stkguru@netside.net]<BR>> Gesendet am: Tuesday, January = 01,=20 2002 2:40 AM<BR>> An: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>>=20 Betreff: Re: [CANSLIM] = GAIA<BR>><BR>>=20 Andreas, you got your gap up, but I would be concerned about it=20 closing<BR>> almost at the low of the day on very heavy volume = (what=20 Katherine calls a<BR>> tail). I also would be interested in = you=20 explaining how you selected<BR>your<BR>> pivot or entry point, as I = do not=20 see a good one (other than the base it<BR>> built between 15 and=20 16.50).<BR>><BR>> Tom Worley<BR>> <A=20 href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>> = AIM:=20 TexWorley<BR>> ----- Original Message -----<BR>> From: "Andreas=20 Himmelreich" <<A=20 href=3D"mailto:judgejimmy@web.de">judgejimmy@web.de</A>><BR>> = To: <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= ><BR>>=20 Sent: Monday, December 31, 2001 8:49 AM<BR>> Subject: [CANSLIM]=20 GAIA<BR>><BR>><BR>> > GAIA Broke out on Friday<BR>>=20 ><BR>> > CWH (Weekly Chart)<BR>> > Industry Group is in = a very=20 good uptrend (Price and Relative Strength)<BR>> ><BR>> > = Pros=20 --><BR>> ><BR>> > High RS of Industry Group (97), RS = 88, EPS=20 98, Acc Diss A, SMR A,<BR>Timeless<BR>> > A, Shares 8.4 Million = (1.8=20 Million Free Float), MGM Ownership 78%,<BR>> > 12 Funds are = invested, 4=20 more then in June, ROI 16%, Dept 31% (not to<BR>high<BR>> > for = a retail=20 comp)<BR>> > Accelarating Sales. Business Model seems to me very = interesting<BR>> > (Environmental Lifestile stuff, Scalable = through the=20 web)<BR>> ><BR>> > Cons --><BR>> ><BR>> > = New CFO,=20 Institutions are in big time (over 70% Institutions, I = know<BR>the<BR>>=20 > numbers do not add up,<BR>> > I guess they have 70% the = remaining=20 22% (100 - 78 (MGM Ownership) =3D<BR>22%).<BR>> > So if the = institutions=20 sell, price goes down<BR>> > fast.<BR>> ><BR>> > I = will get=20 in today if there is a gap up today. I will wait if the = open<BR>is<BR>>=20 > flat.<BR>> ><BR>> > See you<BR>> ><BR>> > = Andreas<BR>> ><BR>> ><BR>> ><BR>> ><BR>>=20 ><BR>> ><BR>> ><BR>> ><BR>> > -<BR>> = > -To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>= ; >=20 -In the email body, write "subscribe canslim" or<BR>> > = - -"unsubscribe=20 canslim". Do not use quotes in your email.<BR>> ><BR>>=20 ><BR>><BR>><BR>><BR>> -<BR>> -To = subscribe/unsubscribe,=20 email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>= ; -In=20 the email body, write "subscribe canslim" or<BR>> -"unsubscribe=20 canslim". Do not use quotes in your email.<BR><BR>-<BR>-To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.<BR><BR><BR>-<BR>-To = subscribe/unsubscribe, email=20 "<A = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= =20 the email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". =20 Do not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0010_01C193ED.DC079060-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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