Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500
Date: Mon, 25 Feb 2002 08:34:58 -0600
Previous Article (by Author): RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 "Cefaloni, John L Jr. [AMSTA-AR-WEA]"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_016C_01C1BDD7.4ED22DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Patrick and Andreas, You both make excellent points. Andreas, you have perhaps zeroed in on = my greatest fear...that the list will become a Yahoo wasteland of stock = lists and "egocentric virtual points." I should have given the members = more credit, as in the past it has never been the majority tone of the = list. Patrick, you are *so* right about the differences between = individuals and what they consider to be "private." Thanks to both of = you for your comments. Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Monday, February 25, 2002 8:21 AM Subject: AW: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Hi Katherine, I agree, I also do believe that the best part of a list like is to = exchange=20 knowledge on the method not on the outcome. Nevertheless some collective Mining has been done before, lots of = lists=20 have been posted. I have a look in these lists once in a while. If I = find=20 something nice, I ask my self, if the stock was on my screen as well if not why not. That might change my screen or add another screen. I just added a = micro cap=20 screen and I will program a flag for my database, which tells me which = microcap had a big volume surges. I might not even use the screen, but = it=20 adds another piece. What should be really avoided is hyping stocks or stocks lists and = guru=20 type of promoting and "ego discussions" where one individual is bashing the others favorites just for the sake of scoring = egocentric=20 virtual points. But I believe we all are going to keep that in check, I think the list = is=20 in great shape. Some stronger words, some irony here and there, but nothing serious = (Though=20 I am not that good at judging this, because its not my first = language),=20 thats the salt in the soupe. Best Regards Andreas Another Remark on the sidelines: Groups like this are much better in = the US=20 then they are in Germany. Compliment !!! Another Compliment: Salt Lake Olympics where great !!! Fantastic=20 Organization, German Athletes and visitors where really overwhelmed by = the=20 warm, friendly US People !!! Thank you USA!!! > -----Urspr=FCngliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Monday, February 25, 2002 2:54 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > Morning, Tom. > > It was a funny thing admitting those feelings to the list as I don't = think I had even admitted it to myself in quite those words. But the = truth=20 is, I'll go out of my way to help absolutely anybody, share what I = know so=20 that others can become better investors, and ask plenty of questions = and=20 listen in order to learn from others and become a better investor = myself.=20 But by golly....when it comes to my money and the issue of = privacy....I=20 look at it very differently. There are only of couple of things I = *won't*=20 do....discuss specifics on performance, tell people what stocks I'm = looking=20 to buy/short, or reveal the positions I'm currently in. Short list, = but=20 that's just part of the guidelines I've set. > > I can't say I'm all that thrilled about the list turning into some = big=20 "collective mining effort," but Duke's a sport for bringing it up and = I=20 admire his in-your-face attitude about getting the effort underway as = there=20 *are* list members who will benefit. > > Have a great day, > Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Monday, February 25, 2002 5:36 AM > Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > > Katherine, I am quite willing to admit the same thing, I put a = huge=20 amount of work into my investing, and intend that I benefit from it. = My=20 style is strictly my own, and I have found that since I gave up = handling=20 retail clients that I make far better decisions for myself without the = responsibility for others. I am sure many members must have thought I = was=20 insane a few weeks ago when I mentioned that I not only fully invested = my=20 cash acct, but went to the full margin limits as well. Despite a very=20 dismal "M" since then, I am up over 13% (and yeah, for the doubters I = can=20 prove it) and could once again cash out and sit in a money market for = the=20 rest of the year. But I don't expect to do that, since I prefer to be=20 invested than in cash. > > Profits can be made on the long side even in a poor market, even = if=20 shorting, with its higher risks, may be easier. So long as I continue = to=20 enjoy the challenge, and need to earn extra money, and it continues to = work=20 for me, I will pursue my style of investing but not share my stock = picks. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > 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=20 on quite frequently on the list. That is, people share their read on a = stock from both fundamental and technical perspectives. These = "examples" as=20 you call them are instructive and I agree with you on that count. I = have 3=20 binders full of "lessons" that I've acquired over the years from = others,=20 from my own observations/successes/failures, from the IBD, from 2 of = the=20 advanced IBD seminars and from this list. But I still won't submit a = stock=20 and say "you should buy this because xyz." While I am looking to enter = a=20 trade or while I am in the trade I really don't want to attract *more* = eyes=20 to the stock. I would prefer that we accomplish what you are = suggesting by=20 doing post analysis instead. And honestly, why should I submit the=20 conclusions of all my hard work in stock selection so that others=20 (especially non-contributors) can make money? I'll gladly share = knowledge=20 and take on a debate so as to learn something, but I won't share = stock=20 picks. I'm sure there are others who feel the same but are less = willing to=20 admit it publicly. > > Katherine > ----- Original Message ----- > From: Duke Miller > To: canslim@lists.xmission.com > 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=20 the same reasons you did. > > But...your rationale for joining this list only SUPPORTS my=20 concept. What better way to become adept and expand your horizons=20 regarding CANSLIM than with real life, actual examples, I.e., our = LIMITED=20 submissions of potential CANSLIM stocks (not "stock picks") for the = Mother=20 List? > > Have you been to a CANSLIM seminar? I don't know about you, = but=20 90% of my takeaway is in the form of actual charts illustrating real = life=20 situations with notes as to the discussions. I see a lot of that in = the=20 Mother list: Forcing "members" to justify their picks before they = make=20 this list has immense educational potential. In other words, don't = tell us=20 you think this is a good pick....tell us WHY! > > So, my intent is NOT to have the concept become a list of = stock=20 picks. Rather, a list of stocks that students of CANSLIM are dxxn = near=20 willing to fight for; stocks they don't want to see removed from the = list=20 for this reason or that; stocks they (and all others) can potentially = make=20 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=20 CANSLIM that is backed up by actual real life, this is my money = examples =20 ....won't it mean more? > > (Not to beat a dead horse, but did you see in the Sunday WSJ = that=20 Southwest Airlines is going to change their system. No more colored=20 boarding cards. Even they are looking at the world a bit = differently.) > > Debate on! > > Duke > -----Original Message----- > From: owner-canslim@lists.xmission.com=20 [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=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 = 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 the=20 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. > > Southwest Airlines has had many copycat competitors over the = years, attracted to the business by the notion that following = Southwest's=20 "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. > > Katherine > > ----- Original Message ----- > From: Duke Miller > To: Canslim@Lists. Xmission. Com > 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=20 and proffer a > what-if. > > a) Working through this market, tugging constantly with = my buy=20 checklist, > it helps to have company that's a) knowledgeable, b) = successful=20 (or > committed to striving for it), and c) CERTAINLY unbiased! > > b) The debate herein over the merits of CANSLIM-this = and/or=20 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=20 lines, we each > have our own variation(s), don't we? > > c) It seems we're all watch-listing and waiting, ever=20 confident the > market's going to eventually break out ONLY when it's = ready to.=20 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=20 "whipsawed" out of. > (One thing WON taught me is not to "hide" from my = blunders,=20 rather study and > learn from them. I still hate doing that!) > > I think you'll all agree, trying to unearth the one stock = in=20 four that > doesn't shake us out unmercifully in this market we're in = is=20 not fun. So > here's a what if from the glistening Gulf shores of Anna = Maria=20 Island: Is > it conceivable we might better devote our time to = channeling=20 our collective > energies toward building "all-star" watch list? One that, = when=20 the M does > turn, we can be ready in the wings? > > Forgive me if the thought isn't totally developed yet (or=20 original to this > group), but what if...those interested "sign up" to each=20 "nominate" one, > two, or three personal-favorite watch stocks. Ones you'd = buy=20 for your own > mother! (The "mother" of all lists???) And we take that = list,=20 follow its > contents' progress together and, on-going, "debate" the = merits=20 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;=20 b) steepen our > CANSLIM learning curves via the debates; c) benefit all of = us=20 when the > tide(s) turn; and c), would be a source for a little fun = (while=20 we wait for > M)! > > If there's enough interest, I'll be glad to suggest a=20 nomination checklist > which we can improvise as we go along, etc, etc, etc. So = what=20 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=20 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 > -"unsubscribe canslim". Do not use quotes in your email. > << Datei: ATT00015.htm >>=20 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_016C_01C1BDD7.4ED22DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4807.2300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Patrick and Andreas,</DIV> <DIV> </DIV> <DIV>You both make excellent points. Andreas, you have perhaps zeroed in = on my=20 greatest fear...that the list will become a Yahoo wasteland of stock = lists and=20 "egocentric virtual points." I should have given the members more = credit, as in=20 the past it has never been the majority tone of the list. Patrick, = you are=20 *so* right about the differences between individuals and what they = consider to=20 be "private." Thanks to both of you for your comments.</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <BLOCKQUOTE=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=3Djudgejimmy@web.de href=3D"mailto:judgejimmy@web.de">Andreas = Himmelreich</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> Monday, February 25, 2002 = 8:21=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> AW: [CANSLIM] Date: = Sun, 24 Feb=20 2002 15:11:27 -0500</DIV> <DIV><BR></DIV>Hi Katherine,<BR><BR>I agree, I also do believe that = the best=20 part of a list like is to exchange <BR>knowledge on the method not on = the=20 outcome.<BR>Nevertheless some collective Mining has been done before, = lots of=20 lists <BR>have been posted. I have a look in these lists once in a = while. If I=20 find <BR>something nice,<BR><BR>I ask my self, if the stock was on my = screen=20 as well if not why not.<BR>That might change my screen or add another = screen.=20 I just added a micro cap <BR>screen and I will program a flag for my = database,=20 which tells me which <BR>microcap had a big volume surges. I might not = even=20 use the screen, but it <BR>adds another piece.<BR><BR>What should be = really=20 avoided is hyping stocks or stocks lists and guru <BR>type of = promoting and=20 "ego discussions" where one individual<BR>is bashing the others = favorites just=20 for the sake of scoring egocentric <BR>virtual points.<BR><BR>But I = believe we=20 all are going to keep that in check, I think the list is <BR>in great=20 shape.<BR>Some stronger words, some irony here and there, but nothing = serious=20 (Though <BR>I am not that good at judging this, because its not my = first=20 language), <BR>thats the salt in the soupe.<BR><BR>Best=20 Regards<BR><BR>Andreas<BR><BR>Another Remark on the sidelines: Groups = like=20 this are much better in the US <BR>then they are in Germany. = Compliment=20 !!!<BR>Another Compliment: Salt Lake Olympics where great !!! = Fantastic=20 <BR>Organization, German Athletes and visitors where really = overwhelmed by the=20 <BR>warm, friendly US People !!! Thank you USA!!!<BR><BR><BR>>=20 -----Urspr=FCngliche Nachricht-----<BR>> Von: Katherine Malm=20 [SMTP:kmalm@earthlink.net]<BR>> Gesendet am: Monday, February 25, = 2002 2:54=20 PM<BR>> An: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>>=20 Betreff: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 = - -0500<BR>><BR>>=20 Morning, Tom.<BR>><BR>> It was a funny thing admitting those = feelings to=20 the list as I don't <BR>think I had even admitted it to myself in = quite those=20 words. But the truth <BR>is, I'll go out of my way to help absolutely = anybody,=20 share what I know so <BR>that others can become better investors, and = ask=20 plenty of questions and <BR>listen in order to learn from others and = become a=20 better investor myself. <BR> But by golly....when it comes to my = money=20 and the issue of privacy....I <BR>look at it very differently. There = are only=20 of couple of things I *won't* <BR>do....discuss specifics on = performance, tell=20 people what stocks I'm looking <BR>to buy/short, or reveal the = positions I'm=20 currently in. Short list, but <BR>that's just part of the guidelines = I've=20 set.<BR>><BR>> I can't say I'm all that thrilled about the list = turning=20 into some big <BR>"collective mining effort," but Duke's a sport for = bringing=20 it up and I <BR>admire his in-your-face attitude about getting the = effort=20 underway as there <BR>*are* list members who will = benefit.<BR>><BR>>=20 Have a great day,<BR>> Katherine<BR>> ----- Original = Message=20 -----<BR>> From: Tom Worley<BR>> To: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>> =20 Sent: Monday, February 25, 2002 5:36 AM<BR>> Subject: = Re:=20 [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27=20 -0500<BR>><BR>><BR>> Katherine, I am quite = willing to=20 admit the same thing, I put a huge <BR>amount of work into my = investing, and=20 intend that I benefit from it. My <BR>style is strictly my own, and I = have=20 found that since I gave up handling <BR>retail clients that I make far = better=20 decisions for myself without the <BR>responsibility for others. I am = sure many=20 members must have thought I was <BR>insane a few weeks ago when I = mentioned=20 that I not only fully invested my <BR>cash acct, but went to the full = margin=20 limits as well. Despite a very <BR>dismal "M" since then, I am up over = 13%=20 (and yeah, for the doubters I can <BR>prove it) and could once again = cash out=20 and sit in a money market for the <BR>rest of the year. But I don't = expect to=20 do that, since I prefer to be <BR>invested than in=20 cash.<BR>><BR>> Profits can be made on the long side = even in=20 a poor market, even if <BR>shorting, with its higher risks, may be = easier. So=20 long as I continue to <BR>enjoy the challenge, and need to earn extra = money,=20 and it continues to work <BR>for me, I will pursue my style of = investing but=20 not share my stock picks.<BR>><BR>> Tom=20 Worley<BR>> <A=20 = href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>> = =20 AIM: TexWorley<BR>> ----- Original Message=20 -----<BR>> From: Katherine=20 Malm<BR>> To: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>> =20 Sent: Sunday, February 24, 2002 7:10 = PM<BR>> =20 Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27=20 -0500<BR>><BR>><BR>> Hi=20 Duke,<BR>><BR>> I believe that what you = are=20 suggesting is something that already goes <BR>on quite frequently on = the list.=20 That is, people share their read on a <BR>stock from both fundamental = and=20 technical perspectives. These "examples" as <BR>you call them are = instructive=20 and I agree with you on that count. I have 3 <BR>binders full of = "lessons"=20 that I've acquired over the years from others, <BR>from my own=20 observations/successes/failures, from the IBD, from 2 of the = <BR>advanced IBD=20 seminars and from this list. But I still won't submit a stock <BR>and = say "you=20 should buy this because xyz." While I am looking to enter a <BR>trade = or while=20 I am in the trade I really don't want to attract *more* eyes <BR>to = the stock.=20 I would prefer that we accomplish what you are suggesting by <BR>doing = post=20 analysis instead. And honestly, why should I submit the = <BR>conclusions of all=20 my hard work in stock selection so that others <BR>(especially=20 non-contributors) can make money? I'll gladly share knowledge <BR>and = take on=20 a debate so as to learn something, but I won't share stock = <BR>picks.=20 I'm sure there are others who feel the same but are less willing to = <BR>admit=20 it publicly.<BR>><BR>> =20 Katherine<BR>> ----- Original = Message=20 -----<BR>> From: Duke=20 Miller<BR>> To: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>> =20 Sent: Sunday, February 24, 2002 5:50=20 PM<BR>> Subject: RE: [CANSLIM] = Date:=20 Sun, 24 Feb 2002 15:11:27=20 -0500<BR>><BR>><BR>> =20 Katherine:<BR>><BR>> I = understand=20 TOTALLY your opinion; I joined this list for many of <BR>the same = reasons you=20 did.<BR>><BR>> But...your = rationale=20 for joining this list only SUPPORTS my <BR>concept. What better = way to=20 become adept and expand your horizons <BR>regarding CANSLIM than with = real=20 life, actual examples, I.e., our LIMITED <BR>submissions of potential = CANSLIM=20 stocks (not "stock picks") for the Mother=20 <BR>List?<BR>><BR>> Have you = been to=20 a CANSLIM seminar? I don't know about you, but <BR>90% of = my=20 takeaway is in the form of actual charts illustrating real life = <BR>situations=20 with notes as to the discussions. I see a lot of that in the = <BR>Mother=20 list: Forcing "members" to justify their picks before they make = <BR>this=20 list has immense educational potential. In other words, don't = tell us=20 <BR>you think this is a good pick....tell us=20 WHY!<BR>><BR>> So, my intent = is NOT=20 to have the concept become a list of stock <BR>picks. Rather, a = list of=20 stocks that students of CANSLIM are dxxn near <BR>willing to fight = for; stocks=20 they don't want to see removed from the list <BR>for this reason or = that;=20 stocks they (and all others) can potentially make <BR>money on. = My=20 wording about "CANSLIM this and CANSLIM that" was poorly = <BR>chosen. I=20 didn't mean to imply boredom. But if all that CANSLIM this and=20 <BR>CANSLIM that is backed up by actual real life, this is my money=20 examples <BR>....won't it mean=20 more?<BR>><BR>> (Not to beat = a dead=20 horse, but did you see in the Sunday WSJ that <BR>Southwest Airlines = is going=20 to change their system. No more colored <BR>boarding = cards. Even=20 they are looking at the world a bit=20 differently.)<BR>><BR>> = Debate=20 on!<BR>><BR>> =20 Duke<BR>> = - -----Original=20 Message-----<BR>> = From: <A=20 = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com</A>=20 <BR>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine=20 Malm<BR>> Sent: = Sunday,=20 February 24, 2002 6:20=20 PM<BR>> To: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>> =20 Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27=20 = - -0500<BR>><BR>><BR>> &n= bsp;=20 Hi = Duke,<BR>><BR>> = I've=20 been mulling over your "mother of all lists" idea all day. I = <BR>understand=20 your desire to share "collective wisdom" regarding stock picks, = <BR>but I=20 don't agree with it, for the same reason you listed in your comment = <BR>(b).=20 Even more so, however, when I was reviewing archives in many = <BR>communities=20 in order to decide which list to join, one of the things I <BR>looked = for was=20 a community that hadn't reduced discussion of CANSLIM down <BR>to = endless=20 stock "picks" but instead a discussion of the underlying = <BR>principles that=20 make CANSLIM tick; processes for finding and evaluating <BR>stocks;=20 clarifications of investing concepts; and practice in the = <BR>interpretation=20 of technicals, fundamentals, market health and CANSLIM <BR>guidelines. = While=20 some may argue that such discussion makes CANSLIM overly <BR>complex, = I think=20 this is precisely what makes this a community that helps <BR>to build=20 knowledgeable CANSLIMers. In my mind, it is the exchange of ideas = <BR>and=20 viewpoints, not stock picks, which creates=20 value.<BR>><BR>> = Southwest Airlines has had many copycat competitors over the = <BR>years,=20 attracted to the business by the notion that following Southwest's=20 <BR>"simple" approach to flying was easy and repeatable. All of the = early=20 <BR>copycats' businesses failed because they did not understand the = most=20 <BR>important part of Southwest's strategy, i.e., that many dedicated = people=20 <BR>work exceptionally hard and utilize a complex systematic approach = to doing=20 <BR>business that *appears* to be simple to the customers who fly with = them.<BR>><BR>> =20 = Katherine<BR>><BR>> = =20 ----- Original Message=20 = - -----<BR>> = =20 From: Duke=20 = Miller<BR>>  = ; To:=20 <A href=3D"mailto:Canslim@Lists">Canslim@Lists</A>. Xmission.=20 = Com<BR>> = Sent:=20 Sunday, February 24, 2002 2:12=20 PM<BR>> = Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27=20 = - -0500<BR>><BR>><BR>> &n= bsp; =20 Being new to this list, I'd like to share a few observations <BR>and = proffer=20 a<BR>> =20 = what-if.<BR>><BR>> &= nbsp; =20 a) Working through this market, tugging constantly with my buy=20 = <BR>checklist,<BR>> &nb= sp; =20 it helps to have company that's a) knowledgeable, b) successful=20 = <BR>(or<BR>> &nbs= p;=20 committed to striving for it), and c) CERTAINLY=20 = unbiased!<BR>><BR>> = =20 b) The debate herein over the merits of CANSLIM-this and/or=20 <BR>CANSLIM-that=20 is<BR>> = unending (as it should be). The arguments haven't changed = <BR>since the=20 = concept<BR>> &nbs= p;=20 was developed. NO matter how hard we try to stay between the = <BR>lines,=20 we = each<BR>> = have our own variation(s), don't=20 = we?<BR>><BR>> = =20 c) It seems we're all watch-listing and waiting, ever = <BR>confident=20 = the<BR>> =20 market's going to eventually break out ONLY when it's ready to. <BR>I = agree=20 = with<BR>> = Katherine, that we can certainly "mine" some winners these = <BR>days. =20 I've = got<BR>> =20 two that are showing promise, buy a dozen more I've been = <BR>"whipsawed" out=20 = of.<BR>> = (One=20 thing WON taught me is not to "hide" from my blunders, <BR>rather = study=20 = and<BR>> = learn=20 from them. I still hate doing=20 = that!)<BR>><BR>> &nb= sp; =20 I think you'll all agree, trying to unearth the one stock in <BR>four=20 = that<BR>> = doesn't shake us out unmercifully in this market we're in is <BR>not=20 fun. =20 So<BR>> = here's=20 a what if from the glistening Gulf shores of Anna Maria=20 <BR>Island: =20 Is<BR>> = it=20 conceivable we might better devote our time to channeling <BR>our=20 = collective<BR>> &= nbsp;=20 energies toward building "all-star" watch list? One that, when = <BR>the M=20 = does<BR>> = turn,=20 we can be ready in the=20 = wings?<BR>><BR>> &nb= sp; =20 Forgive me if the thought isn't totally developed yet (or <BR>original = to=20 = this<BR>> = group), but what if...those interested "sign up" to each = <BR>"nominate"=20 = one,<BR>> = two,=20 or three personal-favorite watch stocks. Ones you'd buy <BR>for = your=20 = own<BR>> =20 mother! (The "mother" of all lists???) And we take that = list,=20 <BR>follow=20 = its<BR>> =20 contents' progress together and, on-going, "debate" the merits <BR>of=20 = each<BR>> = "nomination," old or=20 = new.<BR>><BR>>  = ; =20 Just today we got lists from Tim and John; I wonder which = <BR>three from=20 = each<BR>> = list=20 they'd nominate for the Mother=20 = List?<BR>><BR>> &nbs= p; =20 IMHO, this: a) would help us expand and refine our own lists; <BR>b) = steepen=20 = our<BR>> =20 CANSLIM learning curves via the debates; c) benefit all of us <BR>when = = the<BR>> =20 tide(s) turn; and c), would be a source for a little fun (while <BR>we = wait=20 = for<BR>> =20 = M)!<BR>><BR>> = =20 If there's enough interest, I'll be glad to suggest a <BR>nomination=20 = checklist<BR>> &n= bsp;=20 which we can improvise as we go along, etc, etc, etc. So what = <BR>do you=20 = think?<BR>><BR>> &nb= sp; =20 A final note: I'm out of town until Thursday, but will be = <BR>monitoring=20 as<BR>> = best I=20 can from my remote hotmail account, iffy at best. Worst=20 = <BR>case<BR>> &nb= sp;=20 scenario, I'll compile a wrap-up of your input by week's=20 = end.<BR>><BR>>  = ; =20 = Duke<BR>><BR>><BR>><BR>><BR>><BR>> &nb= sp; =20 -<BR>> = - -To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>= ; =20 -In the email body, write "subscribe canslim"=20 or<BR>> = -"unsubscribe canslim". Do not use quotes in your = email.<BR>> =20 << Datei: ATT00015.htm >> <BR><BR>-<BR>-To = subscribe/unsubscribe,=20 email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_016C_01C1BDD7.4ED22DE0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Author): RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 "Cefaloni, John L Jr. [AMSTA-AR-WEA]"
Articles sorted by: [Date]
[Author]
[Subject]