Go to Jeff Salisbury LWGate Home Page.From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Date: Sun, 24 Feb 2002 20:57:56 -0500
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Katherine,
We'll just have to get a Court Order and have you hand over your =
knowledge and stock picks. :-)
From the politically correct,
DanF
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Sunday, February 24, 2002 7:10 PM
Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Hi Duke,
I believe that what you are suggesting is something that already goes =
on quite frequently on the list. That is, people share their read on a =
stock from both fundamental and technical perspectives. These "examples" =
as you call them are instructive and I agree with you on that count. I =
have 3 binders full of "lessons" that I've acquired over the years from =
others, from my own observations/successes/failures, from the IBD, from =
2 of the advanced IBD seminars and from this list. But I still won't =
submit a stock and say "you should buy this because xyz." While I am =
looking to enter a trade or while I am in the trade I really don't want =
to attract *more* eyes to the stock. I would prefer that we accomplish =
what you are suggesting by doing post analysis instead. And honestly, =
why should I submit the conclusions of all my hard work in stock =
selection so that others (especially non-contributors) can make money? =
I'll gladly share knowledge and take on a debate so as to learn =
something, but I won't share stock picks. I'm sure there are others who =
feel the same but are less willing to admit it publicly.
Katherine
----- Original Message -----=20
From: Duke Miller=20
To: canslim@lists.xmission.com=20
Sent: Sunday, February 24, 2002 5:50 PM
Subject: RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Katherine:
I understand TOTALLY your opinion; I joined this list for many of =
the same reasons you did. =20
But...your rationale for joining this list only SUPPORTS my concept. =
What better way to become adept and expand your horizons regarding =
CANSLIM than with real life, actual examples, I.e., our LIMITED =
submissions of potential CANSLIM stocks (not "stock picks") for the =
Mother List? =20
Have you been to a CANSLIM seminar? I don't know about you, but =
90% of my takeaway is in the form of actual charts illustrating real =
life situations with notes as to the discussions. I see a lot of that =
in the Mother list: Forcing "members" to justify their picks before =
they make this list has immense educational potential. In other words, =
don't tell us you think this is a good pick....tell us WHY!
So, my intent is NOT to have the concept become a list of stock =
picks. Rather, a list of stocks that students of CANSLIM are dxxn near =
willing to fight for; stocks they don't want to see removed from the =
list for this reason or that; stocks they (and all others) can =
potentially make money on. My wording about "CANSLIM this and CANSLIM =
that" was poorly chosen. I didn't mean to imply boredom. But if all =
that CANSLIM this and CANSLIM that is backed up by actual real life, =
this is my money examples....won't it mean more?
(Not to beat a dead horse, but did you see in the Sunday WSJ that =
Southwest Airlines is going to change their system. No more colored =
boarding cards. Even they are looking at the world a bit differently.)
Debate on!
Duke
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Sunday, February 24, 2002 6:20 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Hi Duke,
I've been mulling over your "mother of all lists" idea all day. I =
understand your desire to share "collective wisdom" regarding stock =
picks, but I don't agree with it, for the same reason you listed in your =
comment (b). Even more so, however, when I was reviewing archives in =
many communities in order to decide which list to join, one of the =
things I looked for was a community that hadn't reduced discussion of =
CANSLIM down to endless stock "picks" but instead a discussion of the =
underlying principles that make CANSLIM tick; processes for finding and =
evaluating stocks; clarifications of investing concepts; and practice in =
the interpretation of technicals, fundamentals, market health and =
CANSLIM guidelines. While some may argue that such discussion makes =
CANSLIM overly complex, I think this is precisely what makes this a =
community that helps to build knowledgeable CANSLIMers. In my mind, it =
is the exchange of ideas and viewpoints, not stock picks, which creates =
value.
Southwest Airlines has had many copycat competitors over the =
years, attracted to the business by the notion that following =
Southwest's "simple" approach to flying was easy and repeatable. All of =
the early copycats' businesses failed because they did not understand =
the most important part of Southwest's strategy, i.e., that many =
dedicated people work exceptionally hard and utilize a complex =
systematic approach to doing business that *appears* to be simple to the =
customers who fly with them.
Katherine
----- Original Message -----=20
From: Duke Miller=20
To: Canslim@Lists. Xmission. Com=20
Sent: Sunday, February 24, 2002 2:12 PM
Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
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
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
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<DIV><FONT face=3DArial size=3D2>Katherine,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>We'll just have to get a Court Order =
and have you=20
hand over your knowledge and stock picks. :-)</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>From the politically =
correct,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>DanF</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=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>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, February 24, 2002 =
7:10=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Date: =
Sun, 24 Feb=20
2002 15:11:27 -0500</DIV>
<DIV><BR></DIV>
<DIV>Hi Duke,</DIV>
<DIV> </DIV>
<DIV>I believe that what you are suggesting is something that already =
goes on=20
quite frequently on the list. That is, people share their read on a =
stock from=20
both fundamental and technical perspectives. These "examples" as you =
call them=20
are instructive and I agree with you on that count. I have 3 binders =
full of=20
"lessons" that I've acquired over the years from others, from my own=20
observations/successes/failures, from the IBD, from 2 of the advanced =
IBD=20
seminars and from this list. But I still won't submit a stock and say =
"you=20
should buy this because xyz." While I am looking to enter a trade or =
while I=20
am in the trade I really don't want to attract *more* eyes to the =
stock. I=20
would prefer that we accomplish what you are suggesting by doing post =
analysis=20
instead. And honestly, why should I submit the conclusions of all my =
hard work=20
in stock selection so that others (especially non-contributors) =
can make=20
money? I'll gladly share knowledge and take on a debate so as to=20
learn something, but I won't share stock picks. =
I'm sure=20
there are others who feel the same but are less willing to admit it=20
publicly.</DIV>
<DIV> </DIV>
<DIV>Katherine</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=3Ddukemill@tampabay.rr.com=20
href=3D"mailto:dukemill@tampabay.rr.com">Duke Miller</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> Sunday, February 24, =
2002 5:50=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] Date: =
Sun, 24=20
Feb 2002 15:11:27 -0500</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial>Katherine:</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>I =
understand TOTALLY=20
your opinion; I joined this list for many of the same reasons you =
did. =20
</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>But...your =
rationale=20
for joining this list only SUPPORTS my concept. What =
better way=20
to become adept and expand your horizons regarding CANSLIM than with =
real=20
life, actual examples, I.e., our LIMITED submissions of potential =
CANSLIM=20
stocks (not "stock picks") for the Mother List? =20
</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>Have you =
been to a=20
CANSLIM seminar? I don't know about you, but 90% of my =
takeaway=20
is in the form of actual charts illustrating real life situations =
with notes=20
as to the discussions. I see a lot of that in the Mother=20
list: Forcing "members" to justify their picks before they =
make this=20
list has immense educational potential. In other words, don't =
tell us=20
you think this is a good pick....tell us WHY!</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>So, my =
intent is NOT to=20
have the concept become a list of stock picks. Rather, a list =
of=20
stocks that students of CANSLIM are dxxn near willing to fight for; =
stocks=20
they don't want to see removed from the list for this reason or =
that; stocks=20
they (and all others) can potentially make money on. My =
wording about=20
"CANSLIM this and CANSLIM that" was poorly chosen. I didn't =
mean to=20
imply boredom. But if all that CANSLIM this and CANSLIM that =
is backed=20
up by actual real life, this is my money examples....won't it mean=20
more?</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>(Not to =
beat a dead=20
horse, but did you see in the Sunday WSJ that Southwest =
Airlines is=20
going to change their system. No more colored boarding =
cards. =20
Even they are looking at the world a bit =
differently.)</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT face=3DArial>Debate=20
on!</FONT></SPAN></DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D449094023-24022002><FONT=20
face=3DArial>Duke</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 =
2px solid; MARGIN-RIGHT: 0px">
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of =
</B>Katherine=20
Malm<BR><B>Sent:</B> Sunday, February 24, 2002 6:20 =
PM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Date: =
Sun, 24=20
Feb 2002 15:11:27 -0500<BR><BR></FONT></DIV>
<DIV>Hi Duke,</DIV>
<DIV> </DIV>
<DIV>I've been mulling over your "mother of all lists" idea all =
day. I=20
understand your desire to share "collective wisdom" regarding =
stock picks,=20
but I don't agree with it, for the same reason you listed in your =
comment=20
(b). Even more so, however, when I was reviewing archives in many=20
communities in order to decide which list to join, one of the =
things I=20
looked for was a community that hadn't reduced discussion of =
CANSLIM down=20
to endless stock "picks" but instead a discussion of the =
underlying=20
principles that make CANSLIM tick; processes for finding and =
evaluating=20
stocks; clarifications of investing =
concepts; and practice in=20
the interpretation of technicals, fundamentals, market health and =
CANSLIM=20
guidelines. While some may argue that such discussion makes =
CANSLIM overly=20
complex, I think this is precisely what makes this a community =
that helps=20
to build knowledgeable CANSLIMers. In my mind, it is the exchange =
of ideas=20
and viewpoints, not stock picks, which creates value.</DIV>
<DIV> </DIV>
<DIV>Southwest Airlines has had many copycat competitors over the =
years,=20
attracted to the business by the notion that following Southwest's =
"simple" approach to flying was easy and repeatable. All of the =
early=20
copycats' businesses failed because they did not understand the =
most=20
important part of Southwest's strategy, i.e., that many dedicated =
people=20
work exceptionally hard and utilize a complex systematic approach =
to doing=20
business that *appears* to be simple to the customers who fly with =
them.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<DIV> </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=3Ddukemill@tampabay.rr.com=20
href=3D"mailto:dukemill@tampabay.rr.com">Duke 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.=20
Com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, February =
24, 2002=20
2:12 PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Date: =
Sun, 24=20
Feb 2002 15:11:27 -0500</DIV>
<DIV><BR></DIV>Being new to this list, I'd like to share a few=20
observations and proffer a<BR>what-if.<BR><BR>a) Working =
through=20
this market, tugging constantly with my buy checklist,<BR>it =
helps to=20
have company that's a) knowledgeable, b) successful =
(or<BR>committed to=20
striving for it), and c) CERTAINLY unbiased!<BR><BR>b) The =
debate=20
herein over the merits of CANSLIM-this and/or CANSLIM-that=20
is<BR>unending (as it should be). The arguments haven't =
changed=20
since the concept<BR>was developed. NO matter how hard we =
try to=20
stay between the lines, we each<BR>have our own variation(s), =
don't=20
we?<BR><BR>c) It seems we're all watch-listing and =
waiting, ever=20
confident the<BR>market's going to eventually break out ONLY =
when it's=20
ready to. I agree with<BR>Katherine, that we can certainly =
"mine" some=20
winners these days. I've got<BR>two that are showing =
promise, buy=20
a dozen more I've been "whipsawed" out of.<BR>(One thing WON =
taught me=20
is not to "hide" from my blunders, rather study and<BR>learn =
from=20
them. I still hate doing that!)<BR><BR>I think you'll all =
agree,=20
trying to unearth the one stock in four that<BR>doesn't shake us =
out=20
unmercifully in this market we're in is not fun. =
So<BR>here's=20
a what if from the glistening Gulf shores of Anna Maria=20
Island: Is<BR>it conceivable we might better devote our =
time to=20
channeling our collective<BR>energies toward building "all-star" =
watch=20
list? One that, when the M does<BR>turn, we can be ready =
in the=20
wings?<BR><BR>Forgive me if the thought isn't totally developed =
yet (or=20
original to this<BR>group), but what if...those interested "sign =
up" to=20
each "nominate" one,<BR>two, or three personal-favorite watch=20
stocks. Ones you'd buy for your own<BR>mother! (The =
"mother" of=20
all lists???) And we take that list, follow =
its<BR>contents'=20
progress together and, on-going, "debate" the merits of=20
each<BR>"nomination," old or new.<BR><BR>Just today we got lists =
from=20
Tim and John; I wonder which three from each<BR>list =
they'd=20
nominate for the Mother List?<BR><BR>IMHO, this: a) would help =
us expand=20
and refine our own lists; b) steepen our<BR>CANSLIM learning =
curves via=20
the debates; c) benefit all of us when the<BR>tide(s) turn; and =
c),=20
would be a source for a little fun (while we wait =
for<BR>M)!<BR><BR>If=20
there's enough interest, I'll be glad to suggest a nomination=20
checklist<BR>which we can improvise as we go along, etc, etc, =
etc. =20
So what do you think?<BR><BR>A final note: I'm out of town =
until=20
Thursday, but will be monitoring as<BR>best I can from my remote =
hotmail=20
account, iffy at best. Worst case<BR>scenario, I'll =
compile a=20
wrap-up of your input by week's=20
end.<BR><BR>Duke<BR><BR><BR><BR><BR><BR>-<BR>-To =
subscribe/unsubscribe,=20
email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
=20
the email body, write "subscribe canslim" or<BR>-"unsubscribe=20
canslim". Do not use quotes in your=20
=
email.</BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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