Go to Jeff Salisbury LWGate Home Page.From: "Duke Miller" <dukemill@tampabay.rr.com>
Subject: RE: [CANSLIM] scans
Date: Mon, 4 Mar 2002 10:06:22 -0500
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Katherine:
Thank you. You hit the sore spot dead center: QoQ! The 2/19 Investor's
Corner, "Great Stocks Aren't Always Flawless," summed up the dilemma as to
the number meeting all the criteria: "Not many."
I noted in a previous post of yours you initially scan for forward growth
(>=15%). Is DGO your source for that?
Duke
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Monday, March 04, 2002 9:50 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] scans
Hi Duke,
The MSN Screener is a bit frustrating in that it limits you to 100 names
and then chooses to display only the top 100 based on its own ranking
system. I've read the description of their numbers, but still wish they'd
either let you return all the values or choose which 100 you want based on
other criteria. Maybe someone else here knows the secret trick to make that
happen! But in the meantime, at least you can sort the results in Excel as
you suggest.
I think you're right that prescreening based on *all* the CANSLIM
requirements for fundamental growth, etc. is restrictive and will yield few
results. I'm not sure exactly what requirements you used in the screener,
but after a long downturn in the market and a mini-recession over the last
year or so, it's going to be hard to find stocks that have QoQ growth in
both EPS and Revs per the party line. I've been completely eliminating all
but forward growth in my fundamental screening for the time being and
letting technicals lead me to the stocks and groups that are moving. Once I
get those guys in my sights, I'm then running some fundamental screens.
That's allowed me to focus in on potential candidates and work on due
diligence while the market sorts itself out. I noticed in doing my work this
weekend that value still continues to rule. That means CANSLIM growth stocks
meeting both fundamental *and* technical requirements are going to be few
and far between. From what I see, most of the really strong stocks
fundamentally are still base-building. When the market's right, these guys
will start breaking out one after the other. In the meantime, there's a
steadily increasing number of new highs and decreasing numbers of new lows.
We're on the right track, anyway!
Katherine
----- Original Message -----
From: Duke Miller
To: canslim@lists.xmission.com
Sent: Monday, March 04, 2002 8:27 AM
Subject: RE: [CANSLIM] scans
Good morning, Katherine:
I just discovered the power of the MSN MoneyCentral screener this
weekend. I'm curious about the RANK column. After poking through a screen
I did, it turns out it ranked Market Cap. Is that always the case, or can
you tell it which column to rank? Not that it's that important since you
can sort your columns off in Excel!
Combining MSN screen with the screening function at CSFBdirect, my
online brokerage, I worked over about 2800 stocks this weekend; came up with
about 20 "potentials"; got NO buys. Is it me, or is CANSLIM so refined no
stocks will meet the criteria?!?!
Duke
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Monday, March 04, 2002 9:02 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] scans
Larry,
Good news...you can set up your watchlist in the MSN MoneyCentral
stock screener. When you run any scan, the results for your watchlist will
also show. Just set up the display so that it shows 50 and 200 day moving
averages. Results can then be exported to Excel.
http://www.moneycentral.msn.com/investor/finder/customstocks.asp
I've uploaded a screen capture that shows how you would set up the
screener to:
http://WallStreet-LLC.com/pub/MSNScreener.jpg
Katherine
----- Original Message -----
From: larry l worden
To: canslim@lists.xmission.com
Cc: canslim@lists.xmission.com
Sent: Sunday, March 03, 2002 11:37 PM
Subject: [CANSLIM] scans
Does anyone know of a Internet sight or investment sight where I
can
scan a portfolio to see if the stocks are over or under their 50 day
average? YAHOO will do this but, you have to put the stock symbols
in
each time. My list is about 75 stocks.
thanks for any help. Larry
-
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-In the email body, write "subscribe canslim" or
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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
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<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D592405714-04032002><FONT=20
face=3DArial>Katherine:</FONT></SPAN></DIV>
<DIV><SPAN class=3D592405714-04032002><FONT =
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D592405714-04032002><FONT face=3DArial>Thank =
you. You hit=20
the sore spot dead center:</FONT></SPAN><SPAN =
class=3D592405714-04032002><FONT=20
face=3DArial> QoQ! The 2/19 Investor's Corner, "Great Stocks =
Aren't=20
Always Flawless," summed up the dilemma as to the number meeting =
all the=20
criteria: "Not many."</FONT></SPAN></DIV>
<DIV><SPAN class=3D592405714-04032002><FONT =
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D592405714-04032002><FONT face=3DArial>I noted in a =
previous post=20
of yours you initially scan for forward growth (>=3D15%). Is =
DGO your=20
source for that? </FONT></SPAN></DIV>
<DIV><SPAN class=3D592405714-04032002><FONT =
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D592405714-04032002><FONT face=3DArial>Duke =20
</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 =
Malm<BR><B>Sent:</B> Monday, March 04, 2002 9:50 AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM]=20
scans<BR><BR></FONT></DIV>
<DIV>Hi Duke,</DIV>
<DIV> </DIV>
<DIV>The MSN Screener is a bit frustrating in that it limits you to =
100 names=20
and then chooses to display only the top 100 based on its own ranking =
system.=20
I've read the description of their numbers, but still wish they'd =
either let=20
you return all the values or choose which 100 you want based on other=20
criteria. Maybe someone else here knows the secret trick to make that =
happen!=20
But in the meantime, at least you can sort the results in Excel as you =
suggest.</DIV>
<DIV> </DIV>
<DIV>I think you're right that prescreening based on *all* the CANSLIM =
requirements for fundamental growth, etc. is restrictive and will =
yield few=20
results. I'm not sure exactly what requirements you used in the =
screener, but=20
after a long downturn in the market and a mini-recession over the last =
year or=20
so, it's going to be hard to find stocks that have QoQ growth in both =
EPS and=20
Revs per the party line. I've been completely eliminating =
all but=20
forward growth in my fundamental screening for the time being and =
letting=20
technicals lead me to the stocks and groups that are moving. Once I =
get those=20
guys in my sights, I'm then running some fundamental=20
screens. That's allowed me to focus in on potential =
candidates and=20
work on due diligence while the market sorts itself out. I =
noticed in=20
doing my work this weekend that value still continues to rule. That =
means=20
CANSLIM growth stocks meeting both fundamental *and* technical =
requirements=20
are going to be few and far between. From what I see, most of the =
really=20
strong stocks fundamentally are still base-building. When the market's =
right,=20
these guys will start breaking out one after the other. In the =
meantime,=20
there's a steadily increasing number of new highs and decreasing =
numbers of=20
new lows. We're on the right track, anyway!</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> Monday, March 04, 2002 =
8:27=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
scans</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D943122214-04032002><FONT face=3DArial>Good =
morning,=20
Katherine:</FONT></SPAN></DIV>
<DIV><SPAN class=3D943122214-04032002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D943122214-04032002><FONT face=3DArial>I just =
discovered the=20
power of the MSN MoneyCentral screener this weekend. I'm =
curious about=20
the RANK column. After poking through a screen I did, it turns =
out it=20
ranked Market Cap. Is that always the case, or can you tell it =
which=20
column to rank? Not that it's that important since you can =
sort your=20
columns off in Excel!</FONT></SPAN></DIV>
<DIV><SPAN class=3D943122214-04032002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D943122214-04032002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D943122214-04032002><FONT face=3DArial>Combining =
MSN screen=20
with the screening function at CSFBdirect, my online brokerage, I =
worked=20
over about 2800 stocks this weekend; came up with about 20 =
"potentials"; got=20
NO buys. Is it me, or is CANSLIM so refined no stocks will =
meet the=20
criteria?!?!</FONT></SPAN></DIV>
<DIV><SPAN class=3D943122214-04032002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D943122214-04032002><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> Monday, March 04, 2002 9:02 AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM]=20
scans<BR><BR></FONT></DIV>
<DIV>Larry,</DIV>
<DIV> </DIV>
<DIV>Good news...you can set up your watchlist in the MSN =
MoneyCentral=20
stock screener. When you run any scan, the results for your =
watchlist will=20
also show. Just set up the display so that it shows 50 and 200 day =
moving=20
averages. Results can then be exported to Excel.</DIV>
<DIV> </DIV>
<DIV><A=20
=
href=3D"http://www.moneycentral.msn.com/investor/finder/customstocks.asp"=
>http://www.moneycentral.msn.com/investor/finder/customstocks.asp</A><A=20
=
href=3D"http://www.moneycentral.msn.com/investor/finder/customstocks.asp?=
tools=3Dstandard&target=3D%2Finvestor%2Ffinder%2Fcustomstocks%2Easp">=
</A></DIV>
<DIV> </DIV>
<DIV>I've uploaded a screen capture that shows how you would set =
up the=20
screener to:</DIV>
<DIV> </DIV>
<DIV><A=20
=
href=3D"http://WallStreet-LLC.com/pub/MSNScreener.jpg">http://WallStreet-=
LLC.com/pub/MSNScreener.jpg</A></DIV>
<DIV> </DIV>
<DIV>Katherine<BR></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=3Dworden33@juno.com =
href=3D"mailto:worden33@juno.com">larry l=20
worden</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>Cc:</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> Sunday, March 03, =
2002 11:37=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
scans</DIV>
<DIV><BR></DIV> Does anyone know of a Internet =
sight=20
or investment sight where I can<BR>scan a portfolio to see if =
the stocks=20
are over or under their 50 day<BR>average? YAHOO will do this =
but, you=20
have to put the stock symbols in<BR>each time. My list is about =
75=20
stocks.<BR> =
thanks for=20
any help. =20
Larry<BR><BR>-<BR>-To subscribe/unsubscribe, 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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