Re: [CANSLIM] BUY CANDIDATES

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] BUY CANDIDATES
Date: Sun, 17 Feb 2002 12:11:03 -0500

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Dave,

My primary source for new ideas is stocks hitting new highs. Lately, the
pickings have gone from slim to non-existent. Of course, I am only looking
at low priced stocks (up to $20 or so) and small to micro caps, so outside
these parameters there may be fertile ground. I have been usually successful
in finding stocks that were leading their group up by this means, but not
for some weeks now, with the exception of the home builders and the casinos.

Tom Worley
stkguru@netside.net
AIM: TexWorley
- ----- Original Message -----
From: <Davellil5@aol.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, February 17, 2002 11:21 AM
Subject: [CANSLIM] BUY CANDIDATES


> I belong to an investment club in which I hear dissatisfaction with
CANSLIM
> methodology because it says, "No", so often these days -- and produces so
few
> buy candidates.
>
> I tell them that's exactly what one should expect from a rational stock
> selection system in this spooky market.
>
> Yet, there are stocks that buck the market and even buck their own
industry
> groups, to make substantial gains.  My problem is finding a fruitful
hunting
> ground for such stocks, i.e., a hunting ground that, under existing market
> conditions, maximizes the number of buy candidates I find for the amoount
of
> effort I expend in screening and research.
>
> Any suggestions would be most gratefully received.
>
> Dave Schwartz
> davellil5@aol.com
>
>
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