Re: [CANSLIM] canslim-the best system?

From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] canslim-the best system?
Date: Tue, 19 Feb 2002 21:35:20 -0600
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Dan, the following was taken from the January 2002 issue of AAII =
(American Association of Individual Investors) they monitor many trading =
strategies each year.... does this data say that they didn't lose a dime =
over the past 4 years???
Here's your data:

So far, the growth-oriented screen that follows the William O'Neil =
CANSLIM approach has shown some of the most consistently strong =
performance gains: 53.5%, 38.0%, 36.6%, and 28.2% over the last four =
years.=20
  ----- Original Message -----=20
  From: Dan Forant=20
  To: canslim@lists.xmission.com=20
  Sent: Tuesday, February 19, 2002 9:06 PM
  Subject: Re: [CANSLIM] canslim-the best system?


  Katherine?=20

  What?  Let me get this straight, CANSLIMERS only wasted 11% of their =
portfolio since March 2000. Even if they played it to the letter. I'd =
like to see some hard numbers before I believed that. If possible maybe =
someone could run the bonefide break out stocks since March 2000 and =
we'll see what the numbers are. My moneys on more than 11% loss.

  L8ter
  DanF
    ----- Original Message -----=20
    From: Katherine Malm=20
    To: canslim@lists.xmission.com=20
    Sent: Tuesday, February 19, 2002 5:56 PM
    Subject: Re: [CANSLIM] canslim-the best system?


    David and all,

    Here's another statistic to add to the discussion:

    According to Bill O'Neil, "80% to 90% of investors lost 50% to 75% =
of their equity" since the bear market began in March of 2000.=20

    Ask yourself this question--"am I one of those statistics, or, as a =
result of following CANSLIM did I *keep* at least 80-90% of the value of =
my portfolio since March 2000" If you were following CANSLIM during the =
last couple of years, your answer will be "YES!"'

    I truly believe that the stocks you *don't* buy are just as =
important as those you *do* buy.

    Katherine
      ----- Original Message -----=20
      From: david frank=20
      To: canslim@lists.xmission.com=20
      Sent: Monday, February 18, 2002 2:41 PM
      Subject: [CANSLIM] canslim-the best system?


      since people are talking about honesty; is canslim the best =
system? that is what alot of people would like to know. that is why we =
would really want to know how much did you make using canslim last year =
or past years. i don't know if canslim is really the best system, i have =
never used it during a bull market. i have 7 figures available to =
trade-so i trade in 1,000 to 10,000 share lots. i might have made $50k =
last year but i traded very few days, cut my loses short, took small =
profits, and was lucky on most of my trades. actually trading mutual =
funds in past years have been easier since i could use all of my capital =
in one fund. talking about traders with large amount of money not =
trading canslim, how about WON stating in his seminar ads that his =
in-house money management team produced a return of 1,486% from 1998 =
through 2000. is this hype? i wonder how many shares of stock they trade =
on how much capital? when WON states that type of return--it sounds like =
canslim is worthy of the best system. i sure would like to see that tax =
return!!! but noboby on this list states that they have returns near =
that or have made even 100% in one year-past or present using nearly =
pure canslim principles. open to criticism and opinion. david frank
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<DIV><FONT face=3D"Comic Sans MS">Dan, the following was taken from the =
January=20
2002 issue of AAII (American Association of Individual Investors) they =
monitor=20
many trading strategies each year.... does this data say that they =
didn't lose a=20
dime over the past 4 years???</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS">Here's your data:</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
<DIV>So far, the growth-oriented screen that follows the <A=20
href=3D"http://aaii.com/stkscrns/archive/Canslim/19980202.shtml">William =
O=92Neil=20
CANSLIM</A> approach has shown some of the most consistently strong =
performance=20
gains: 53.5%, 38.0%, 36.6%, and 28.2% over the last four years. </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 =
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, February 19, =
2002 9:06=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
canslim-the best=20
  system?</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>Katherine? </FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>What?&nbsp; Let me get this straight, =
CANSLIMERS=20
  only wasted 11% of their portfolio since March 2000. Even if they =
played it to=20
  the letter. I'd like to see some hard numbers before I believed that. =
If=20
  possible maybe someone could run the bonefide break out stocks since =
March=20
  2000 and we'll see what the numbers are. My moneys on more than 11%=20
  loss.</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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
    Malm</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> Tuesday, February 19, =
2002 5:56=20
    PM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
canslim-the best=20
    system?</DIV>
    <DIV><BR></DIV>
    <DIV>David and all,</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Here's another statistic to add to the discussion:</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>According to Bill O=92Neil, =9380% to 90% of investors lost 50% =
to 75% of=20
    their equity=94 since the bear market began in March of 2000.<SPAN=20
    style=3D"mso-spacerun: yes">&nbsp;</SPAN></DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes"></SPAN>&nbsp;</DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes">Ask yourself&nbsp;this =
question--"am I=20
    one of those statistics, or, as a result of following CANSLIM did I =
*keep*=20
    at least 80-90% of the value of my portfolio since March 2000" If =
you were=20
    following CANSLIM during the last couple of years, your answer will =
be=20
    "YES!"'</SPAN></DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes"></SPAN>&nbsp;</DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes">I truly believe that the=20
    stocks&nbsp;you *don't* buy are just as important as those you *do*=20
    buy.</SPAN></DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes"></SPAN>&nbsp;</DIV>
    <DIV><SPAN style=3D"mso-spacerun: yes">Katherine</SPAN></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=3Dcamelot.homes@charter.net=20
      href=3D"mailto:camelot.homes@charter.net">david frank</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> Monday, February 18, =
2002 2:41=20
      PM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
canslim-the best=20
      system?</DIV>
      <DIV><BR></DIV>
      <DIV><FONT face=3DArial size=3D2>since people are talking about =
honesty; is=20
      canslim the best system? that is what alot of people would like to =
know.=20
      that is why we would really want to know how much did you make =
using=20
      canslim last year or past years. i&nbsp;don't know if canslim is =
really=20
      the best system, i have never used it during a bull market. i have =
7=20
      figures available to trade-so i trade in 1,000 to 10,000 share =
lots. i=20
      might have made $50k last year but i traded very few days, cut my =
loses=20
      short, took small profits, and was lucky on most of my trades. =
actually=20
      trading mutual funds in past years have&nbsp;been easier since i =
could use=20
      all of my capital in one fund. talking about traders with large =
amount of=20
      money not trading canslim, how about WON stating in his seminar =
ads that=20
      his in-house money management team produced a return of 1,486% =
from 1998=20
      through 2000. is this hype? i wonder how many shares of stock they =
trade=20
      on how much capital? when WON states that type of return--it =
sounds like=20
      canslim is worthy of the best system. i sure would like to see =
that tax=20
      return!!! but noboby on this list states that they have returns=20
      near&nbsp;that or have made even 100% in one year-past or present =
using=20
      nearly pure canslim principles. open to criticism and opinion. =
david=20
      =
frank</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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