AW: [CANSLIM] Non Canslim SHORTS


From: Andreas Himmelreich <judgejimmy@web.de>
Subject: AW: [CANSLIM] Non Canslim SHORTS
Date: Tue, 5 Feb 2002 15:05:15 +0100

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Ciena (CIEN 10.12) just came out with a warning which is sending the futures lower... (http://finance.yahoo.com/mo)


> -----Ursprungliche Nachricht-----
> Von:	Andreas Himmelreich [SMTP:judgejimmy@web.de]
> Gesendet am:	Tuesday, February 05, 2002 2:41 PM
> An:	'canslim@lists.xmission.com'
> Betreff:	AW: [CANSLIM] Non Canslim SHORTS
> 
> Tom, 
> 
> The IG gave full sell signals on all of them, thats the main reason. My reasearch tells me
> that 75% of the price action come from the Industry Groups. The market just killed the rally thats another reason.
> 
> Short
> 
>   --> Full Sell Signal by Industry Group (RS hits relative low, price breaks 
>   down of pattern inverseCWH or Flat Base or Gap down in a existing 
>   Downtrend, lots destructive signs like Price up days and RS down on the same day, Diss days, three - five losing days in a row).
>   I use  http://beta.dailygraphs.com/formslogin.asp  for charting the IGs
> 
> > > PCS --> no cash flow, never ever profitable, dept 700% !!!
> > > CIEN --> Ok, looks fundamentally better, cash flow is positive, PE not high ... but IG downtrend just got confirmed yesterday
> > > MOT -->  negative Cash Flow, no earnings, sales is lower since the 4th Quater
> > > CEPH (watch) negative Cash Flow, very high Price Sales
> 
> A stock that has a negative cash flow has now value to me at all as long they do not make the turnaound, otherwise
> value get eaten up bit by bit, day by day ...
> Good companies always have a positive cash flow since the IPO and never broke that pattern (like SEBL etc.).
> 
> I will not short them today, since a snapback is likely ...
> I actually will get long on CHD and FMX ... with 5% of my money, IG gave Full buy, stocks have a great technical and
> fundamental picture, very tight stop loss can be used (4%).
> 
> See you
> 
> Andreas
> 
> 
> > -----Ursprungliche Nachricht-----
> > Von:	Tom Worley [SMTP:stkguru@netside.net]
> > Gesendet am:	Tuesday, February 05, 2002 2:10 PM
> > An:	canslim@lists.xmission.com
> > Betreff:	Re: [CANSLIM] Non Canslim SHORTS
> > 
> > Andreas,
> > 
> > They all look like the bad news is already priced in. Why do you believe
> > they will fall further?
> > 
> > All already have shown major declines, some have little value left to
> > decline further. To me, that makes them even higher risk than I like with a
> > short.
> > 
> > Tom Worley
> > stkguru@netside.net
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> > To: <canslim@lists.xmission.com>
> > Sent: Monday, February 04, 2002 8:10 PM
> > Subject: AW: [CANSLIM] Non Canslim SHORTS
> > 
> > 
> > > TPC Down 25% ... here other shorts I consider -->
> > >
> > > PCS
> > > CIEN
> > > MOT
> > > CEPH (watch)
> > >
> > >
> > >
> > > > -----Ursprungliche Nachricht-----
> > > > Von: Eric Jaenike [SMTP:ericjaenike@yahoo.com]
> > > > Gesendet am: Monday, February 04, 2002 7:28 PM
> > > > An: canslim@lists.xmission.com
> > > > Betreff: Re: [CANSLIM] Non Canslim
> > > >
> > > >
> > > >  On another note, I used to use Etrade but switched. They are fine if
> > you
> > > don't have any disputes with them, but they will do absolutely nothing to
> > > help you if you do.
> > > > I had a trade dispute with them about 18 months ago, and finally
> > received
> > > a several thousand dollar credit from them. However, I was only able to
> > > accomplish this because I used to work at Merrill Lynch, and was familiar
> > > with how their trading operations functioned. Without the background to
> > > press my case, I would have been summarily denied restitution, which was
> > > the tactic they employed initially with me.
> > > > I have heard similar complaints from several other sources.
> > > > I now trade with Schwab, and am quite satisfied with their services.
> > > > Eric
> > > >   Perry Stanfield <mpstan@attbi.com> wrote: Nasty chart
> > > Andreas............good find.  Hard to imagine some poor guy contributing
> > > that uptick........... Perry  ----- Original Message ----- From: Katherine
> > > Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00
> > > AMSubject: Re: [CANSLIM] Non Canslim
> > > > Hi Andreas, One reason why it may have been denied at ETrade is that
> > they
> > > may not have any shares available to borrow against for your short. This
> > is
> > > one of those times where having a different broker has its advantages.
> > > There should be no reason that your ET should require a sell limit order
> > > for shorting. You should be able to sell short at market. Only one quick
> > > uptick this morning so far at 9:40EST, so if the shares were available you
> > > (theoretically) would have been able to get a fill. Katherine-----
> > Original
> > > Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com
> > > Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim
> > > > Hi,
> > > >
> > > > I want to my first short sell I ever did and somehow got problems with
> > it
> > > (it gets denied at Etrade)
> > > >
> > > > I have a margin account and it should be possible for me to do it.
> > > > Do I have to put in a sell limit?
> > > > I know there has to be an uptick, so the sell will take place.
> > > > Something else to know?
> > > >
> > > > Oh, the share in question is TPC
> > > >
> > > > See you
> > > >
> > > > Andreas
> > > >
> > > > -
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> > > >
> > > >
> > > > ---------------------------------
> > > > Do You Yahoo!?
> > > > Yahoo! Auctions Great stuff seeking new owners! Bid now! << Datei:
> > > ATT00001.htm >>
> > >
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> > >
> > 
> > 
> > 
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