[CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500

From: "Duke Miller" <dukemill@tampabay.rr.com>
Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Date: Sun, 24 Feb 2002 13:12:12 -0700

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Being new to this list, I'd like to share a few observations and proffer a
what-if.

a)  Working through this market, tugging constantly with my buy checklist,
it helps to have company that's a) knowledgeable, b) successful (or
committed to striving for it), and c) CERTAINLY unbiased!

b)  The debate herein over the merits of CANSLIM-this and/or CANSLIM-that is
unending (as it should be).  The arguments haven't changed since the concept
was developed.  NO matter how hard we try to stay between the lines, we each
have our own variation(s), don't we?

c)  It seems we're all watch-listing and waiting, ever confident the
market's going to eventually break out ONLY when it's ready to. I agree with
Katherine, that we can certainly "mine" some winners these days.  I've got
two that are showing promise, buy a dozen more I've been "whipsawed" out of.
(One thing WON taught me is not to "hide" from my blunders, rather study and
learn from them.  I still hate doing that!)

I think you'll all agree, trying to unearth the one stock in four that
doesn't shake us out unmercifully in this market we're in is not fun.  So
here's a  what if from the glistening Gulf shores of Anna Maria Island:  Is
it conceivable we might better devote our time to channeling our collective
energies toward building "all-star" watch list?  One that, when the M does
turn, we can be ready in the wings?

Forgive me if the thought isn't totally developed yet (or original to this
group), but what if...those interested "sign up" to each "nominate" one,
two, or three personal-favorite watch stocks.  Ones you'd buy for your own
mother! (The "mother" of all lists???)   And we take that list, follow its
contents' progress together and, on-going, "debate" the merits of each
"nomination," old or new.

Just today we got lists from Tim and John;  I wonder which three from each
list they'd nominate for the Mother List?

IMHO, this: a) would help us expand and refine our own lists; b) steepen our
CANSLIM learning curves via the debates; c) benefit all of us when the
tide(s) turn; and c), would be a source for a little fun (while we wait for
M)!

If there's enough interest, I'll be glad to suggest a nomination checklist
which we can improvise as we go along, etc, etc, etc.  So what do you think?

A final note:  I'm out of town until Thursday, but will be monitoring as
best I can from my remote hotmail account, iffy at best.  Worst case
scenario, I'll compile a wrap-up of your input by week's end.

Duke





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