Re: [CANSLIM] Everybody in the pool!


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Everybody in the pool!
Date: Mon, 4 Mar 2002 16:52:58 -0600

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Tim,

I don't recall any fake-out FTD's since early 2000, I only recall FTD's =
followed by fairly short-lived rallies. Still long positions and good =
stocks making breakouts in all of the rallies. Sell rules take us out =
when the time comes in the same way buy rules get us in. It's just not =
going to be a Big Bull like we saw in the last half of the 90's. Just =
have to be nimble and follow all the signals in/out as required.

Katherine
  ----- Original Message -----=20
  From: Tim Fisher=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, March 04, 2002 4:42 PM
  Subject: [CANSLIM] Everybody in the pool!


  No, I base my requirements on the fake-out F/T days that did not meet =
them=20
  since March 2000. Today convinces me that the "everybody in the pool"=20
  signal has been given.

  At 02:03 PM 3/4/2002 -0600, you wrote:
  >Hi Tim,
  >
  >Have you backtested your parameters through several market cycles to =
see=20
  >if they give more reliable signals than WON's?
  >
  >Think the acid test is whether good quality stocks are breaking out =
of=20
  >bases. Certainly plenty of new highs and some additional base =
breakouts=20
  >today to confirm a trend that's been ongoing along with the indexes=20
  >posting their WON follow-thru days.
  >
  >Katherine
  >----- Original Message -----
  >From: <mailto:Tim@orerockon.com>Tim Fisher
  >To: <mailto:canslim@lists.xmission.com>canslim@lists.xmission.com
  >Sent: Monday, March 04, 2002 1:55 PM
  >Subject: Re: [CANSLIM] NAZ volume extremely high today ...
  >
  >For me, "Official" means two or more indices up 1.5% to 2% on greater =
vol
  >than the day before and greater than 30d avg vol within 5-15 trading =
days
  >from the recent low. Your results may differ.
  >
  >At 12:32 PM 3/4/2002 -0700, you wrote:
  > >Coincidently, I'm reading "the 24 lessons" which
  > >on pg. 76 states:
  > >"follow through" ..., indicated by one of the
  > >indices (DOW, S&P 500, or
  > >Nasdaq Compisite) closing up 1% or more for the
  > >day, with a jump in volume
  > >from the day before.
  > >
  > >Not sure if this is what you mean by 'official'.
  > >
  > >  Rolf
  > >
  > >----- Original Message -----
  > >From: "Tim Fisher" <<mailto:Tim@orerockon.com>Tim@orerockon.com>
  > >To: <<mailto:canslim@lists.xmission.com>canslim@lists.xmission.com>
  > >Sent: Monday, March 04, 2002 12:05 PM
  > >Subject: Re: [CANSLIM] NAZ volume extremely high
  > >today ...
  > >
  > >
  > > > My question, to which I received no replies,
  > >still remains: the DOW and
  > > > NYSE comp did not F/T within their respective
  > >windows, and did not undercut
  > > > their earlier lows since (unlike the NASDAQ
  > >comp). So from an official F/T
  > > > day watch point of view, do we get a valid F/T
  > >day on more than just the
  > > > NASDAQ even if the other indices follow through
  > >on volume today?
  > > >
  > > > At 08:17 AM 3/4/2002 -0800, you wrote:
  > > > >I guess this will be the official 6th day
  > >follow-through on te NAZ. Very
  > > > >heavy volume for this time of day.
  > > > >
  > > > >Now all that remains is to find some quality
  > >companies moving up - I am
  > > > >seeing a definite shift away from microcaps
  > >(except BEL, which moves up
  > > > >vertically every single day) and into big caps.
  > >My problem is that I am
  > > > >having trouble finding any growing big caps
  > >whose businesses aren't
  > > > >performing poorly. My only slighly larger
  > >company purchase last week was
  > > > >ELON - i like the 150% growth in this market.
  > >Any great ideas out there?
  > > > >
  > > > >Ian
  > > >
  > > > Tim Fisher
  > > > Ore-ROCK-On Rockhounding Web Site
  > > > Owner, Fisher Fisheries, Ltd.
  > > > <mailto:tim@OreRockOn.com>mailto:tim@OreRockOn.com
  > > > WWW <http://OreRockOn.com>http://OreRockOn.com
  > > >
  > > >
  > > > -
  > > > -To subscribe/unsubscribe, email
  > >"<mailto:majordomo@xmission.com>majordomo@xmission.com"
  > > > -In the email body, write "subscribe canslim" or
  > > > -"unsubscribe canslim".  Do not use quotes in
  > >your email.
  > > >
  > >
  > >
  > >-
  > >-To subscribe/unsubscribe, email=20
  > "<mailto:majordomo@xmission.com>majordomo@xmission.com"
  > >-In the email body, write "subscribe canslim" or
  > >-"unsubscribe canslim".  Do not use quotes in your email.
  >
  >Tim Fisher
  >Ore-ROCK-On Rockhounding Web Site
  >Owner, Fisher Fisheries, Ltd.
  ><mailto:tim@OreRockOn.com>mailto:tim@OreRockOn.com
  >WWW <http://OreRockOn.com>http://OreRockOn.com
  >
  >
  >
  >-
  >-To subscribe/unsubscribe, email=20
  >"<mailto:majordomo@xmission.com>majordomo@xmission.com"
  >-In the email body, write "subscribe canslim" or
  >-"unsubscribe canslim".  Do not use quotes in your email.

  Tim Fisher
  Ore-ROCK-On Rockhounding Web Site
  Owner, Fisher Fisheries, Ltd.
  mailto:tim@OreRockOn.com
  WWW http://OreRockOn.com


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<DIV>Tim,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I don't recall any fake-out FTD's since early 2000, I only recall =
FTD's=20
followed by fairly short-lived rallies. Still long positions and good =
stocks=20
making breakouts in all of the rallies. Sell rules take us out when the =
time=20
comes in the same way buy rules get us in. It's just not going to be a =
Big Bull=20
like we saw in the last half of the 90's. Just have to be nimble and =
follow all=20
the signals in/out as required.</DIV>
<DIV>&nbsp;</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=3DTim@orerockon.com href=3D"mailto:Tim@orerockon.com">Tim =
Fisher</A>=20
  </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> Monday, March 04, 2002 =
4:42=20
PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Everybody in =
the=20
  pool!</DIV>
  <DIV><BR></DIV>No, I base my requirements on the fake-out F/T days =
that did=20
  not meet them <BR>since March 2000. Today convinces me that the =
"everybody in=20
  the pool" <BR>signal has been given.<BR><BR>At 02:03 PM 3/4/2002 =
- -0600, you=20
  wrote:<BR>&gt;Hi Tim,<BR>&gt;<BR>&gt;Have you backtested your =
parameters=20
  through several market cycles to see <BR>&gt;if they give more =
reliable=20
  signals than WON's?<BR>&gt;<BR>&gt;Think the acid test is whether good =
quality=20
  stocks are breaking out of <BR>&gt;bases. Certainly plenty of new =
highs and=20
  some additional base breakouts <BR>&gt;today to confirm a trend that's =
been=20
  ongoing along with the indexes <BR>&gt;posting their WON follow-thru=20
  days.<BR>&gt;<BR>&gt;Katherine<BR>&gt;----- Original Message=20
  -----<BR>&gt;From: &lt;<A=20
  =
href=3D"mailto:Tim@orerockon.com>Tim">mailto:Tim@orerockon.com&gt;Tim</A>=
=20
  Fisher<BR>&gt;To: &lt;<A=20
  =
href=3D"mailto:canslim@lists.xmission.com>canslim@lists.xmission.com">mai=
lto:canslim@lists.xmission.com&gt;canslim@lists.xmission.com</A><BR>&gt;S=
ent:=20
  Monday, March 04, 2002 1:55 PM<BR>&gt;Subject: Re: [CANSLIM] NAZ =
volume=20
  extremely high today ...<BR>&gt;<BR>&gt;For me, "Official" means two =
or more=20
  indices up 1.5% to 2% on greater vol<BR>&gt;than the day before and =
greater=20
  than 30d avg vol within 5-15 trading days<BR>&gt;from the recent low. =
Your=20
  results may differ.<BR>&gt;<BR>&gt;At 12:32 PM 3/4/2002 -0700, you=20
  wrote:<BR>&gt; &gt;Coincidently, I'm reading "the 24 lessons" =
which<BR>&gt;=20
  &gt;on pg. 76 states:<BR>&gt; &gt;"follow through" ..., indicated by =
one of=20
  the<BR>&gt; &gt;indices (DOW, S&amp;P 500, or<BR>&gt; &gt;Nasdaq =
Compisite)=20
  closing up 1% or more for the<BR>&gt; &gt;day, with a jump in =
volume<BR>&gt;=20
  &gt;from the day before.<BR>&gt; &gt;<BR>&gt; &gt;Not sure if this is =
what you=20
  mean by 'official'.<BR>&gt; &gt;<BR>&gt; &gt;&nbsp; Rolf<BR>&gt; =
&gt;<BR>&gt;=20
  &gt;----- Original Message -----<BR>&gt; &gt;From: "Tim Fisher" =
&lt;&lt;<A=20
  =
href=3D"mailto:Tim@orerockon.com>Tim@orerockon.com">mailto:Tim@orerockon.=
com&gt;Tim@orerockon.com</A>&gt;<BR>&gt;=20
  &gt;To: &lt;&lt;<A=20
  =
href=3D"mailto:canslim@lists.xmission.com>canslim@lists.xmission.com">mai=
lto:canslim@lists.xmission.com&gt;canslim@lists.xmission.com</A>&gt;<BR>&=
gt;=20
  &gt;Sent: Monday, March 04, 2002 12:05 PM<BR>&gt; &gt;Subject: Re: =
[CANSLIM]=20
  NAZ volume extremely high<BR>&gt; &gt;today ...<BR>&gt; &gt;<BR>&gt;=20
  &gt;<BR>&gt; &gt; &gt; My question, to which I received no =
replies,<BR>&gt;=20
  &gt;still remains: the DOW and<BR>&gt; &gt; &gt; NYSE comp did not F/T =
within=20
  their respective<BR>&gt; &gt;windows, and did not undercut<BR>&gt; =
&gt; &gt;=20
  their earlier lows since (unlike the NASDAQ<BR>&gt; &gt;comp). So from =
an=20
  official F/T<BR>&gt; &gt; &gt; day watch point of view, do we get a =
valid=20
  F/T<BR>&gt; &gt;day on more than just the<BR>&gt; &gt; &gt; NASDAQ =
even if the=20
  other indices follow through<BR>&gt; &gt;on volume today?<BR>&gt; &gt; =

  &gt;<BR>&gt; &gt; &gt; At 08:17 AM 3/4/2002 -0800, you wrote:<BR>&gt; =
&gt;=20
  &gt; &gt;I guess this will be the official 6th day<BR>&gt; =
&gt;follow-through=20
  on te NAZ. Very<BR>&gt; &gt; &gt; &gt;heavy volume for this time of=20
  day.<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt;Now all that remains =
is to=20
  find some quality<BR>&gt; &gt;companies moving up - I am<BR>&gt; &gt; =
&gt;=20
  &gt;seeing a definite shift away from microcaps<BR>&gt; &gt;(except =
BEL, which=20
  moves up<BR>&gt; &gt; &gt; &gt;vertically every single day) and into =
big=20
  caps.<BR>&gt; &gt;My problem is that I am<BR>&gt; &gt; &gt; &gt;having =
trouble=20
  finding any growing big caps<BR>&gt; &gt;whose businesses =
aren't<BR>&gt; &gt;=20
  &gt; &gt;performing poorly. My only slighly larger<BR>&gt; &gt;company =

  purchase last week was<BR>&gt; &gt; &gt; &gt;ELON - i like the 150% =
growth in=20
  this market.<BR>&gt; &gt;Any great ideas out there?<BR>&gt; &gt; &gt;=20
  &gt;<BR>&gt; &gt; &gt; &gt;Ian<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; Tim =

  Fisher<BR>&gt; &gt; &gt; Ore-ROCK-On Rockhounding Web Site<BR>&gt; =
&gt; &gt;=20
  Owner, Fisher Fisheries, Ltd.<BR>&gt; &gt; &gt; &lt;<A=20
  =
href=3D"mailto:tim@OreRockOn.com>mailto:tim@OreRockOn.com">mailto:tim@Ore=
RockOn.com&gt;mailto:tim@OreRockOn.com</A><BR>&gt;=20
  &gt; &gt; WWW &lt;<A=20
  =
href=3D"http://OreRockOn.com>http://OreRockOn.com">http://OreRockOn.com&g=
t;http://OreRockOn.com</A><BR>&gt;=20
  &gt; &gt;<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; -<BR>&gt; &gt; &gt; -To=20
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  =
href=3D"mailto:majordomo@xmission.com>majordomo@xmission.com">mailto:majo=
rdomo@xmission.com&gt;majordomo@xmission.com</A>"<BR>&gt;=20
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&gt; &gt;=20
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  canslim".&nbsp; Do not use quotes in your email.<BR>&gt;<BR>&gt;Tim=20
  Fisher<BR>&gt;Ore-ROCK-On Rockhounding Web Site<BR>&gt;Owner, Fisher=20
  Fisheries, Ltd.<BR>&gt;&lt;<A=20
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href=3D"mailto:tim@OreRockOn.com>mailto:tim@OreRockOn.com">mailto:tim@Ore=
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href=3D"http://OreRockOn.com>http://OreRockOn.com">http://OreRockOn.com&g=
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  canslim".&nbsp; Do not use quotes in your email.<BR><BR>Tim=20
  Fisher<BR>Ore-ROCK-On Rockhounding Web Site<BR>Owner, Fisher =
Fisheries,=20
  Ltd.<BR><A =
href=3D"mailto:tim@OreRockOn.com">mailto:tim@OreRockOn.com</A><BR>WWW=20
  <A =
href=3D"http://OreRockOn.com">http://OreRockOn.com</A><BR><BR><BR>-<BR>-T=
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