Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] market direction/EFTs
Date: Tue, 15 Jan 2002 09:03:42 -0600
Next Article (by Subject): Re: [CANSLIM] market direction/EFTs "Ann"
Previous Article (by Subject): Re: [CANSLIM] DFXI BIKEAR@aol.com
Top of Thread: Re: [CANSLIM] market direction/EFTs "Ann"
Next in Thread: Re: [CANSLIM] market direction/EFTs "Ann"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_008F_01C19DA3.87CBE040
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Sorry, that was a typo...It should have read 3/21/00 and should read =
(465 days). Thanks for pointing that out.
Katherine
----- Original Message -----=20
From: Gyorgy Veszpremi=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, January 15, 2002 9:01 AM
Subject: Re: [CANSLIM] market direction/EFTs
Actually the bull market top was in March of 2000.=20
Katherine Malm wrote:=20
Here's a good way to look at the relative performance of the markets =
since key dates: I like to see these in bar chart view, but you can use =
line charts as well, as both are available: Look at comparisons from key =
dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 =
days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 =
(73 days) This will give you a comparison between Russell 2000 (small =
cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market =
proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY=
There is a bar at the bottom of the chart that you can stretch to the =
days right and left that you want to consider once the chart is built. =
Roll your cursor over the chart and the key information for each index =
will pop up. This will give you a comparison between styles Sm Cap =
Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap =
Val. Again, run these from the key date until today and you will be able =
to make your own conclusions about =
growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ=
S,IJJ,IVE For a more general comparison between growth, value, total =
market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY =
Katherine=20
----- Original Message -----
From: Ann
To: canslim@lists.xmission.com
Sent: Sunday, January 13, 2002 12:05 PM
Subject: Re: [CANSLIM] market direction/EFTs
Thanks for your response, Andreas. I think I see what you are =
saying.=20
I invested in a SmallCap EFT recently, and was wondering whether I =
should=20
have!=20
----- Original Message -----=20
From: "Andreas Himmelreich" <judgejimmy@web.de>=20
To: <canslim@lists.xmission.com>=20
Sent: Sunday, January 13, 2002 12:27 PM=20
Subject: AW: [CANSLIM] market direction=20
=20
: You do not have to buy stocks with high PEs. Just go into value =
and growth=20
and=20
: let the BOs of ultra High PE stocks fail.=20
:=20
: David Ryan says in Market Wizards that the PE (or the Value) is =
important=20
(even Won does not say it) for=20
: the probabillity of a good breakout.=20
:=20
: I do belive that the market right now differenciates, its not a =
nutty bull=20
market like in the 90s where=20
: everything went up, no matter its fundamentals (in some stages =
of the bull=20
market).=20
:=20
: But the market is not so bad, that it sends down all stocks, it=20
differenciates, thats all...=20
:=20
: I do actually not care about the market direction too much. The =
only=20
question that is interesting:=20
: Is there an area which is profitable? (so far only on the long =
side) There=20
where 100000s of long chances even in 2000 and 2001.=20
:=20
: Are there Industry Groups that set up a bull market for its =
member stocks?=20
If yes, money is around the corner. Pick it up and ride it.=20
: Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20
:=20
: December was pretty much flat on the Indexes, but it was a great =
month for=20
a lot of canslim stocks.=20
:=20
: I acutally would like it if the Nasdaq would be still on 2000 =
Points at=20
the end of the year, as long=20
: fundamentally sound stocks go up and grap goes down.=20
:=20
: The only moment you have to be aware of is the moment gets so =
bad, that=20
nothing works, every Industry Group=20
: goes down pricewise, everything rolls over, no matter how good =
the=20
fundamentals of the stocks. Then and only then=20
: it is time to get flat. In 2001 that was from August to the =
beginning of=20
October.=20
:=20
: Sorry to be so opinionated.=20
:=20
: Andreas=20
:=20
:=20
: > -----Ursprungliche Nachricht-----=20
: > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20
: > Gesendet am: Sunday, January 13, 2002 5:54 PM=20
: > An: canslim@lists.xmission.com=20
: > Betreff: Re: [CANSLIM] market direction=20
: >=20
: > I'm still concerned about the overall market valuation, which =
remains=20
high.=20
: > Yes, as earnings improve, market P/Es should lower, assuming =
prices=20
: > don't accelerate faster than earnings improve.=20
: >=20
: > Even though WON gives little credence to P/Es, I'm adding a P=20
: > (CANSLIMP ?) for the time being. I think many investors will =
be spooked=20
: > by high P/Es (e.g., KKD) and tend towards solid companies with =
relatively=20
: > low P/Es. Just one new investor's opinion.=20
: >=20
: > Rolf=20
: >=20
: > ----- Original Message -----=20
: > From: "Dan Forant" <dforant1@nycap.rr.com>=20
: > To: <canslim@lists.xmission.com>=20
: > Sent: Sunday, January 13, 2002 9:31 AM=20
: > Subject: Re: [CANSLIM] market direction=20
: >=20
: >=20
: > > I have been saying all along this is going to be a =
sloooooooowwwww,=20
: > > recovery. Well into the year. All we have to do is *read* =
the news. I=20
: > listen=20
: > > to a local analyst here named Larry King, he's with Smith =
Barney. A=20
few=20
: > > weeks ago he was calling for a quick market return. Just =
Friday he=20
changed=20
: > > course and now calls for growth but very slow. Analysts jobs =
from=20
: > brokerage=20
: > > houses are to soften the tone of bad news. They can even =
make it sound=20
: > good.=20
: > > Sure there are stocks out there that the savvy trader may =
pick, but on=20
: > > average not. It takes months to years for rate and tax cuts =
to filter=20
into=20
: > > the economy.=20
: > >=20
: > > DanF=20
: > >=20
: > >=20
: > > ----- Original Message -----=20
: > > From: "Kent Norman" <kent_norman@yahoo.com>=20
: > > To: "CANSLIM" <canslim@xmission.com>=20
: > > Sent: Sunday, January 13, 2002 10:11 AM=20
: > > Subject: [CANSLIM] market direction=20
: > >=20
: > >=20
: > > > Many "experts" are expecting the market to follow=20
: > > > tradition and rise in January and go flat to down for=20
: > > > a few months. Do you think this weeks 5 down days are=20
: > > > meaningful?=20
: > > >=20
: > > > I know WON says we don't need to be concerned with=20
: > > > where the market is heading, just where it is.=20
: > > >=20
: > > > So where is it? Is the party over? Should we all get=20
: > > > out of the pool?=20
: > > >=20
: > > > Kent Norman=20
: > > >=20
: > > >=20
: > > > =3D=3D=3D=3D=3D=20
: > > > Opportunities always look bigger going than coming.=20
: > > >=20
: > > > __________________________________________________=20
: > > > Do You Yahoo!?=20
: > > > Send FREE video emails in Yahoo! Mail!=20
: > > > http://promo.yahoo.com/videomail/=20
: > > >=20
: > > > -=20
: > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20
: > > > -In the email body, write "subscribe canslim" or=20
: > > > -"unsubscribe canslim". Do not use quotes in your email.=20
: > > >=20
: > >=20
: > >=20
: > > -=20
: > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20
: > > -In the email body, write "subscribe canslim" or=20
: > > -"unsubscribe canslim". Do not use quotes in your email.=20
: > >=20
: >=20
: >=20
: > -=20
: > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20
: > -In the email body, write "subscribe canslim" or=20
: > -"unsubscribe canslim". Do not use quotes in your email.=20
:=20
: -=20
: -To subscribe/unsubscribe, email "majordomo@xmission.com"=20
: -In the email body, write "subscribe canslim" or=20
: -"unsubscribe canslim". Do not use quotes in your email.=20
:=20
=20
-=20
-To subscribe/unsubscribe, email "majordomo@xmission.com"=20
-In the email body, write "subscribe canslim" or=20
-"unsubscribe canslim". Do not use quotes in your email.
- ------=_NextPart_000_008F_01C19DA3.87CBE040
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></HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Sorry, that was a typo...It should have read 3/21/00 and should =
read (465=20
days). Thanks for pointing that out.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=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=3DGyorgyV@rcmachine.com =
href=3D"mailto:GyorgyV@rcmachine.com">Gyorgy=20
Veszpremi</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> Tuesday, January 15, 2002 =
9:01=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] market=20
direction/EFTs</DIV>
<DIV><BR></DIV>Actually the bull market top was in March of 2000.=20
<P>Katherine Malm wrote:=20
<BLOCKQUOTE TYPE=3D"CITE">
<STYLE></STYLE>
Here's a good way to look at the relative performance of the markets =
since=20
key dates: I like to see these in bar chart view, but you can =
use line=20
charts as well, as both are available: Look at comparisons from =
key=20
dates to Friday's close (1/11/02): Bull market top: 3/21/2001 =
(202=20
days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: =
9/28/2001 (73=20
days) This will give you a comparison between Russell 2000 =
(small cap),=20
MidCap, Large Cap, Naz100 (large cap tech), Dow and total market =
proxies:<A=20
=
href=3D"http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY=
">http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY</A>Th=
ere=20
is a bar at the bottom of the chart that you can stretch to the days =
right=20
and left that you want to consider once the chart is built. Roll =
your cursor=20
over the chart and the key information for each index will pop =
up. This=20
will give you a comparison between styles Sm Cap Growth, Mid Cap =
Growth, Lg=20
Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these =
from the=20
key date until today and you will be able to make your own =
conclusions about=20
growth/value.<A=20
=
href=3D"http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ=
,IVE">http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I=
VE</A> For=20
a more general comparison between growth, value, total market, =
try:<A=20
=
href=3D"http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY">http:/=
/stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY</A> Katherine=20
<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=3Dannholly@mediaone.net=20
href=3D"mailto:annholly@mediaone.net">Ann</A></DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
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> Sunday, January 13, =
2002 12:05=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
market=20
direction/EFTs</DIV> Thanks for your response, Andreas. I =
think I see=20
what you are saying. <BR>I invested in a SmallCap EFT recently, =
and was=20
wondering whether I should <BR>have! <BR>----- Original Message =
- -----=20
<BR>From: "Andreas 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>=
>=20
<BR>Sent: Sunday, January 13, 2002 12:27 PM <BR>Subject: AW: =
[CANSLIM]=20
market direction <BR> =20
<P>: You do not have to buy stocks with high PEs. Just go into =
value and=20
growth <BR>and <BR>: let the BOs of ultra High PE stocks fail. =
<BR>: <BR>:=20
David Ryan says in Market Wizards that the PE (or the Value) is =
important=20
<BR>(even Won does not say it) for <BR>: the probabillity of a =
good=20
breakout. <BR>: <BR>: I do belive that the market right now=20
differenciates, its not a nutty bull <BR>market like in the 90s =
where=20
<BR>: everything went up, no matter its fundamentals (in some =
stages of=20
the bull <BR>market). <BR>: <BR>: But the market is not so bad, =
that it=20
sends down all stocks, it <BR>differenciates, thats all... <BR>: =
<BR>: I=20
do actually not care about the market direction too much. The only =
<BR>question that is interesting: <BR>: Is there an area which is=20
profitable? (so far only on the long side) There <BR>where 100000s =
of long=20
chances even in 2000 and 2001. <BR>: <BR>: Are there Industry =
Groups that=20
set up a bull market for its member stocks? <BR>If yes, money is =
around=20
the corner. Pick it up and ride it. <BR>: Just look at stuff like =
TARO,=20
MDCI, AHMH, BZH in 2001... <BR>: <BR>: December was pretty much =
flat on=20
the Indexes, but it was a great month for <BR>a lot of canslim =
stocks.=20
<BR>: <BR>: I acutally would like it if the Nasdaq would be still =
on 2000=20
Points at <BR>the end of the year, as long <BR>: fundamentally =
sound=20
stocks go up and grap goes down. <BR>: <BR>: The only moment you =
have to=20
be aware of is the moment gets so bad, that <BR>nothing works, =
every=20
Industry Group <BR>: goes down pricewise, everything rolls over, =
no matter=20
how good the <BR>fundamentals of the stocks. Then and only then =
<BR>: it=20
is time to get flat. In 2001 that was from August to the beginning =
of=20
<BR>October. <BR>: <BR>: Sorry to be so opinionated. <BR>: <BR>: =
Andreas=20
<BR>: <BR>: <BR>: > -----Ursprungliche Nachricht----- <BR>: =
> Von:=20
rolf hertenstein [SMTP:rolfh@mindspring.com] <BR>: > Gesendet =
am:=20
Sunday, January 13, 2002 5:54 PM <BR>: > An: <A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
<BR>: > Betreff: Re: [CANSLIM] market direction <BR>: > =
<BR>: >=20
I'm still concerned about the overall market valuation, which =
remains=20
<BR>high. <BR>: > Yes, as earnings improve, market P/Es should =
lower,=20
assuming prices <BR>: > don't accelerate faster than earnings =
improve.=20
<BR>: > <BR>: > Even though WON gives little credence to =
P/Es, I'm=20
adding a P <BR>: > (CANSLIMP ?) for the time being. I =
think many=20
investors will be spooked <BR>: > by high P/Es (e.g., KKD) and =
tend=20
towards solid companies with <BR>relatively <BR>: > low =
P/Es. =20
Just one new investor's opinion. <BR>: > <BR>: > Rolf =
<BR>:=20
> <BR>: > ----- Original Message ----- <BR>: > From: "Dan =
Forant"=20
<<A =
href=3D"mailto:dforant1@nycap.rr.com">dforant1@nycap.rr.com</A>>=20
<BR>: > To: <<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
>=20
<BR>: > Sent: Sunday, January 13, 2002 9:31 AM <BR>: > =
Subject: Re:=20
[CANSLIM] market direction <BR>: > <BR>: > <BR>: > > I =
have=20
been saying all along this is going to be a sloooooooowwwww, <BR>: =
>=20
> recovery. Well into the year. All we have to do is *read* the =
news. I=20
<BR>: > listen <BR>: > > to a local analyst here named =
Larry=20
King, he's with Smith Barney. A <BR>few <BR>: > > weeks ago =
he was=20
calling for a quick market return. Just Friday he <BR>changed =
<BR>: >=20
> course and now calls for growth but very slow. Analysts jobs =
from=20
<BR>: > brokerage <BR>: > > houses are to soften the tone =
of bad=20
news. They can even make it sound <BR>: > good. <BR>: > > =
Sure=20
there are stocks out there that the savvy trader may pick, but on =
<BR>:=20
> > average not. It takes months to years for rate and tax =
cuts to=20
filter <BR>into <BR>: > > the economy. <BR>: > > <BR>: =
>=20
> DanF <BR>: > > <BR>: > > <BR>: > > ----- =
Original=20
Message ----- <BR>: > > From: "Kent Norman" <<A=20
=
href=3D"mailto:kent_norman@yahoo.com">kent_norman@yahoo.com</A>> =
<BR>:=20
> > To: "CANSLIM" <<A=20
href=3D"mailto:canslim@xmission.com">canslim@xmission.com</A>> =
<BR>: >=20
> Sent: Sunday, January 13, 2002 10:11 AM <BR>: > > =
Subject:=20
[CANSLIM] market direction <BR>: > > <BR>: > > <BR>: =
> >=20
> Many "experts" are expecting the market to follow <BR>: > =
>=20
> tradition and rise in January and go flat to down for <BR>: =
> >=20
> a few months. Do you think this weeks 5 down days are <BR>: =
> >=20
> meaningful? <BR>: > > > <BR>: > > > I know =
WON says=20
we don't need to be concerned with <BR>: > > > where the =
market=20
is heading, just where it is. <BR>: > > > <BR>: > > =
> So=20
where is it? Is the party over? Should we all get <BR>: > > =
> out=20
of the pool? <BR>: > > > <BR>: > > > Kent Norman =
<BR>:=20
> > > <BR>: > > > <BR>: > > > =
=3D=3D=3D=3D=3D <BR>: >=20
> > Opportunities always look bigger going than coming. =
<BR>: >=20
> > <BR>: > > >=20
__________________________________________________ <BR>: > > =
> Do=20
You Yahoo!? <BR>: > > > Send FREE video emails in Yahoo! =
Mail!=20
<BR>: > > > <A=20
=
href=3D"http://promo.yahoo.com/videomail/">http://promo.yahoo.com/videoma=
il/</A>=20
<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>: >=20
> > -"unsubscribe canslim". Do not use quotes in your =
email.=20
<BR>: > > > <BR>: > > <BR>: > > <BR>: > =
> -=20
<BR>: > > -To 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>: =
> >=20
-"unsubscribe canslim". Do not use quotes in your email. =
<BR>: >=20
> <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>: >=20
-"unsubscribe canslim". Do not use quotes in your email. =
<BR>: <BR>:=20
- <BR>: -To subscribe/unsubscribe, 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> =20
<P>- <BR>-To subscribe/unsubscribe, 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=20
email.</P></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
- ------=_NextPart_000_008F_01C19DA3.87CBE040--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Subject): Re: [CANSLIM] market direction/EFTs "Ann"
Previous Article (by Subject): Re: [CANSLIM] DFXI BIKEAR@aol.com
Top of Thread: Re: [CANSLIM] market direction/EFTs "Ann"
Next in Thread: Re: [CANSLIM] market direction/EFTs "Ann"
Articles sorted by: [Date]
[Author]
[Subject]