Re: [CANSLIM] Lack of Buy Candidates

From: "David Squires" <dcsquires1@cox.net>
Subject: Re: [CANSLIM] Lack of Buy Candidates
Date: Sat, 16 Feb 2002 00:17:02 -0600
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>>I netted 76% for the full year, so yeah, I made a net profit.<<

Well, I guess I'm applying for membership to the Worley wannbe club =
then. I for one would like to know how you did it?=20

>>While I routinely violate CANSLIM rules, nonetheless my entire process =
is heavily based in CANSLIM<<

An oxymoron.

DSquires
  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, February 15, 2002 11:19 PM
  Subject: Re: [CANSLIM] Lack of Buy Candidates


  While I routinely violate CANSLIM rules, nonetheless my entire process =
is heavily based in CANSLIM. And I netted 76% for the full year, so =
yeah, I made a net profit.

  Tom Worley
  stkguru@netside.net
  AIM: TexWorley
    ----- Original Message -----=20
    From: David Squires=20
    To: canslim@lists.xmission.com=20
    Sent: Saturday, February 16, 2002 12:11 AM
    Subject: Re: [CANSLIM] Lack of Buy Candidates


    haven't shorted in years, fully invested year round, made lots of $$ =
last year, and profitable so far this year (including my fully margined =
account).

    >>fully invested year round, made lots of $$ last year<<

    You were fully invested last year long and made a net profit? You =
better call George Soros! BTW, is this even remotely CANSLIM.

    DSquires
      ----- Original Message -----=20
      From: Tom Worley=20
      To: canslim@lists.xmission.com=20
      Sent: Friday, February 15, 2002 10:47 PM
      Subject: Re: [CANSLIM] Lack of Buy Candidates


      haven't shorted in years, fully invested year round, made lots of =
$$ last year, and profitable so far this year (including my fully =
margined account).

      Tom Worley
      stkguru@netside.net
      AIM: TexWorley
        ----- Original Message -----=20
        From: Dan Forant=20
        To: canslim@lists.xmission.com=20
        Sent: Friday, February 15, 2002 8:03 PM
        Subject: Re: [CANSLIM] Lack of Buy Candidates


        Of course it's absurd. If anyone's been in the market for the =
past year and hasn't shorted and made $$, they are either very lucky or =
far better than the average investor. There was no shortage of stocks to =
short in TC2000 and candlesticks.=20

        L8ter
        DanF
          ----- Original Message -----=20
          From: Ian=20
          To: canslim@lists.xmission.com=20
          Sent: Friday, February 15, 2002 11:13 AM
          Subject: Re: [CANSLIM] Lack of Buy Candidates


          I find it almost absurd that WON discourages shorting. Almost =
all of WON's ideas appear to have originated with Jesse Livermore, who =
made the bulk of his money on the short side. The rules for selling a =
big CANSLIM winner make for perfect short candidates. Although selling a =
failed breakout as it returns into its base is NOT typically a good =
short candidate. JMHO.

          Ian



          ----- Original Message -----=20
            From: Rob Miller=20
            To: canslim@lists.xmission.com=20
            Sent: Friday, February 15, 2002 6:40 AM
            Subject: [CANSLIM] Lack of Buy Candidates


            Even if we have a FTD from here, I see few stocks worth =
buying.  However, my short list is overflowing.  The only moderately =
attractive stocks I see on the long side are those already in an uptrend =
that are riding their lower channel.

            Is shorting considered off limits for this list?  I know =
that WON discourages it, but he also claimed to make good money from =
shorts in HTMMIS.  As I understand it, he discourages it as a medium for =
the masses, nor necessarily for everyone. =20

            Rob  =20

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<DIV><FONT face=3DArial>&gt;&gt;I netted 76% for the full year, so yeah, =
I made a=20
net profit.&lt;&lt;</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Well, I guess I'm applying for =
membership to the=20
Worley wannbe club then. I for one would like to know how you did it?=20
</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>&gt;&gt;While I routinely violate CANSLIM rules, =

nonetheless my entire process is heavily based in =
CANSLIM&lt;&lt;</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>An oxymoron.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>DSquires</FONT></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=3Dstkguru@netside.net href=3D"mailto:stkguru@netside.net">Tom =
Worley</A>=20
  </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> Friday, February 15, 2002 =
11:19=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Lack of =
Buy=20
  Candidates</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>While I routinely violate CANSLIM rules, =
nonetheless my=20
  entire process is heavily based in CANSLIM. And I netted 76% for the =
full=20
  year, so yeah, I made a net profit.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Tom Worley<BR><A=20
  href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
  TexWorley</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=3Ddcsquires1@cox.net =
href=3D"mailto:dcsquires1@cox.net">David=20
    Squires</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>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, February 16, =
2002 12:11=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Lack =
of Buy=20
    Candidates</DIV>
    <DIV><BR></DIV>
    <DIV>
    <DIV><FONT face=3DArial>haven't shorted in years, fully invested =
year round,=20
    made lots of $$ last year, and profitable so far this year =
(including my=20
    fully margined account).</FONT></DIV>
    <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial>&gt;&gt;fully invested year round, made lots =
of $$=20
    last year&lt;&lt;</FONT></DIV>
    <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial>You were fully invested last year long and =
made a net=20
    profit? You better call George Soros! BTW, is this even remotely=20
    CANSLIM.</FONT></DIV>
    <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial>DSquires</FONT></DIV></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=3Dstkguru@netside.net =
href=3D"mailto:stkguru@netside.net">Tom=20
      Worley</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>=
=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 15, =
2002 10:47=20
      PM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Lack =
of Buy=20
      Candidates</DIV>
      <DIV><BR></DIV>
      <DIV><FONT face=3DArial>haven't shorted in years, fully invested =
year round,=20
      made lots of $$ last year, and profitable so far this year =
(including my=20
      fully margined account).</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV>Tom Worley<BR><A=20
      =
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
      TexWorley</DIV>
      <BLOCKQUOTE dir=3Dltr=20
      style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        <DIV style=3D"FONT: 10pt arial">----- Original Message ----- =
</DIV>
        <DIV=20
        style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
        <A title=3Ddforant1@nycap.rr.com =
href=3D"mailto:dforant1@nycap.rr.com">Dan=20
        Forant</A> </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
        title=3Dcanslim@lists.xmission.com=20
        =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February =
15, 2002=20
        8:03 PM</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Lack of Buy=20
        Candidates</DIV>
        <DIV><BR></DIV>
        <DIV><FONT face=3DArial size=3D2>Of course it's absurd. If =
anyone's been in=20
        the market for the past year and hasn't shorted and made $$, =
they are=20
        either very lucky or far better than the average investor. There =
was no=20
        shortage of stocks to short in TC2000 and candlesticks. =
</FONT></DIV>
        <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
        <DIV>L8ter<BR>DanF</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=3Dianstm@shaw.ca =
href=3D"mailto:ianstm@shaw.ca">Ian</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>=
=20
          </DIV>
          <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February =
15, 2002=20
          11:13 AM</DIV>
          <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Lack of=20
          Buy Candidates</DIV>
          <DIV><BR></DIV>
          <DIV><FONT size=3D2>I find it almost absurd that WON =
discourages=20
          shorting. Almost all of WON's ideas appear to have originated =
with=20
          Jesse Livermore, who made the bulk of his money on the short =
side. The=20
          rules for selling a big CANSLIM winner make for perfect short=20
          candidates. Although selling a failed breakout as it returns =
into its=20
          base is NOT typically a good short candidate. =
JMHO.</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <DIV><FONT size=3D2>Ian</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <DIV>&nbsp;</DIV>
          <DIV>&nbsp;</DIV>
          <DIV>----- Original Message ----- </DIV>
          <BLOCKQUOTE=20
          style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: =
5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
            <DIV=20
            style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
            <A title=3Drmiller2@carolina.rr.com=20
            href=3D"mailto:rmiller2@carolina.rr.com">Rob Miller</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>=
=20
            </DIV>
            <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, =
February 15, 2002=20
            6:40 AM</DIV>
            <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
Lack of Buy=20
            Candidates</DIV>
            <DIV><BR></DIV>
            <DIV><FONT face=3DArial size=3D2>Even if we have a FTD from =
here, I see=20
            few stocks worth buying.&nbsp; However, my short list is=20
            overflowing.&nbsp; The only moderately attractive stocks I =
see on=20
            the long side are those already in an uptrend that are =
riding their=20
            lower channel.</FONT></DIV>
            <DIV><FONT face=3DArial size=3D2></FONT><FONT face=3DArial=20
            size=3D2></FONT>&nbsp;</DIV>
            <DIV><FONT face=3DArial size=3D2>Is&nbsp;shorting =
considered&nbsp;off=20
            limits for this list?&nbsp; I know that WON discourages it, =
but he=20
            also claimed to make good money from shorts in HTMMIS.&nbsp; =
As I=20
            understand it, he&nbsp;discourages it&nbsp;as a medium for =
the=20
            masses, nor&nbsp;necessarily for =
everyone.&nbsp;&nbsp;</FONT></DIV>
            <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
            <DIV><FONT face=3DArial size=3D2>Rob&nbsp;&nbsp;=20
        =
</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQ=
UOTE></BLOCKQUOTE></BODY></HTML>

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