RE: [CANSLIM] Canslim Evaluation Tool

From: "Tim Fisher" <Tim@orerockon.com>
Subject: RE: [CANSLIM] Canslim Evaluation Tool
Date: 2 Apr 2002 18:19:25 -0800

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Top of Thread: RE: [CANSLIM] Canslim Evaluation Tool "Mike Gibbons"
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A stock 30% below its 52 wk high and with the 50dma under the 200 gets a 
10? Out of what, 100? Seriously, how is this a CANSLIM chart?

At 04:11 PM 4/2/2002 -1000, you wrote:
>Duke,
>
>(and others) here's one for you... AHMH ... a "10"  - lacking only industry
>ranking
>
>Aloha,
>
>Mike Gibbons
>Proactive Technologies, LLC
>http://www.proactech.com
>
>
>-----Original Message-----
>From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Duke Miller
>Sent: Tuesday, April 02, 2002 9:09 AM
>To: canslim@lists.xmission.com
>Subject: RE: [CANSLIM] Canslim Evaluation Tool
>
>
>Bill,
>
>Great input here.  How about a show of hands of those who've been
>stopped out of A+ Stock Checkup stocks!
>
>And as always, thanks, Mike.  I'm one of the heavy users, and if it
>doesn't hit 6/11 or better, I'm onto the next one.
>
>Duke
>
>-----Original Message-----
>From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmission.com] On Behalf Of Bill Triffet
>Sent: Monday, March 25, 2002 1:56 PM
>To: canslim@lists.xmission.com
>Subject: Re: [CANSLIM] Canslim Evaluation Tool
>
>
>Mike,
>
>First, I'd like to say thanks for the tool.
>
>I have yet to see anyone else - WON's products included - attempt to do
>something so basic as rate a stock directly to the c-a-n-s-l-i-m acronym
>attributes. Maybe because it's such a subjective thing that it's easier
>to dance around the numbers than really grade a stock based on canslim.
>The Stock Evaluator on the IBD site is pretty weak with in that regard.
>I guess if they actually graded a stock on ACTUAL IBD canslim data that
>would be construed as touting a stock. This is why most of us go to at
>least 3-5 different places to review a stock or use Daily Graphs where
>the data is all there but not exactly spelled out so as to not tout the
>issue.
>
>I think it's a great tool in addition to several others. Given it's
>price
>(g) I have no complaints and it comes close in some of the canslim
>criteria for me. Things like (M)arket direction and (N)ew can be very
>subjective and must be reviewed several ways. Come to think of it,
>lately when I see a high
>(L) rating it's usually extended as that is how it got there. I'm of the
>consensus of several others here that with data being so immediate, it's
>better to look for the gems in rising groups - not at the top.
>
>-Bill
>
>
>----- Original Message -----
>From: "Mike Gibbons" <mike@proactech.com>
>To: <canslim@lists.xmission.com>
>Sent: Monday, March 25, 2002 10:24 AM
>Subject: [CANSLIM] Canslim Evaluation Tool
>
>
> >
> > Since I released this tool to the group on 3/13, I (and my server)
> > have
>been
> > overwhelmed with the response. 182 of you have used the tool at least
> > once and several of you have accessed it frequently. Some of you are
> > using it extensively - the current record is 100 stocks analyzed by
> > one list subscriber in a single day!
> >
> > Apart from being pleasantly surprized at the use that many of you are
>making
> > of it, I'm also surprized that only one of you has questioned the
> > validity of the data, and the assumptions that go into the pass/fail
> > ranking. I was expecting a lively debate about the definitions of
> > CANSLIM and their applicability in the recent market conditions.
> >
> > For those of you who may have missed it, the link is
> > http://www.cwhcharts.com/canslim
> >
> > Aloha,
> >
> > Mike Gibbons
> > Proactive Technologies, LLC
> > http://www.proactech.com

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


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