Go to Jeff Salisbury LWGate Home Page.From: "Fred Richards" <adrich@gte.net>
Subject: RE: [CANSLIM] HTMMIS and M
Date: Fri, 5 Apr 2002 15:55:55 -0600
Previous Article (by Subject): Re: [CANSLIM] HTMMIS and M "Katherine Malm"
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MessageKatherine and all,
I find all this talk about the lack of CANSLIM quality stocks rather
amusing. There are some markets (and I believe that since March 2000 we are
in one of those) where unless you want to take on the risks of shorting the
market, it is both wiser and better for one's pocketbook to simply move to
the sidelines, take up golf, knitting or seeing the grandchildren, than
attempt to disprove the CANSLIM criteria.
Some of the readers on this forum will try to scratch their itch to trade
(so to speak) and then wonder why nothing seems to make sense. Its the
market that doesn't make sense!
FFR
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Friday, April 05, 2002 2:19 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] HTMMIS and M
Hi Duke,
Didn't you receive the special
double-secret-forward-looking-X-Ray-sunglasses with your copy of HTMMIS?
Thanks for pointing out the typo, I meant 9/28/01!
Katherine
----- Original Message -----
From: Duke Miller
To: canslim@lists.xmission.com
Sent: Friday, April 05, 2002 2:06 PM
Subject: RE: [CANSLIM] HTMMIS and M
Katherine,
You are so good...however, since it's almost the weekend, rhetorically
speaking, how is it you know that September 28, 2002 is going to be an FTD?
Enjoy your weekend and, as you usually say, happy hunting!
Duke
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: Friday, April 05, 2002 8:07 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] HTMMIS and M
Hi John,
I can't remember a specific reference source (jans seems to be good at
that), but I've always been taught that part of reading the health of the
market from a CANSLIM point of view is not only to read the index averages,
but also to follow the strength, follow through and number of recent CANSLIM
breakouts. I don't know that there's a specific number quoted, but since the
last follow-through day, we've had a paltry few high quality stocks breaking
out, many have failed and/or kissed their pivots repeatedly, and most of the
CANSLIM universe is still building bases. I think the difference between
what I've been seeing lately and what we saw over the last couple of years
is that, even when these breakouts "fail" they seem to be falling back close
to the pivot and building a new (shorter) consolidation, rather than just
completely tanking and falling into oblivion.
In my own watchlist, the number of possible candidates has stayed
steady since the previous FTD* 9/28/02, rather than consistently diminishing
in number as it had been doing for a couple of years. That leaves me
encouraged, though being patient and persistent in following these stocks
while they build a base is testing me in a *big* way!!!
Katherine
*FTD = O'Neil Follow Through Day, for the newbies
----- Original Message -----
From: Cefaloni, John L Jr. [AMSTA-AR-WEA]
To: canslim@lists.xmission.com
Sent: Friday, April 05, 2002 6:44 AM
Subject: [CANSLIM] HTMMIS and M
I haven't read HTMMIS in a long time (still waiting for the next
edition),
but I seem to recall a guideline that says that if you stop out on 3
good
CANSLIM stocks, it's an indication that you should take a break from
the
market for a few weeks.
Does anyone else remember that, or am I thinking of a different
source other
that HTMMIS?
John C.
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<HTML><HEAD><TITLE>Message</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
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<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2>Katherine and all,</FONT></SPAN></DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2>I find=20
all this talk about the lack of CANSLIM quality stocks rather =
amusing. =20
There are some markets (and I believe that since March 2000 we are in =
one of=20
those) where unless you want to take on the risks of shorting the =
market, it is=20
both wiser and better for one's pocketbook to simply move to the =
sidelines, take=20
up golf, knitting or seeing the grandchildren, than attempt to disprove =
the=20
CANSLIM criteria.</FONT></SPAN></DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2>Some=20
of the readers on this forum will try to scratch their itch to trade (so =
to=20
speak) and then wonder why nothing seems to make sense. Its the =
market=20
that doesn't make sense!</FONT></SPAN></DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D780435121-05042002><FONT face=3DArial color=3D#0000ff =
size=3D2>FFR</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"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> Friday, April 05, 2002 2:19 PM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] HTMMIS and =
M<BR><BR></FONT></DIV>
<DIV>Hi Duke,</DIV>
<DIV> </DIV>
<DIV>Didn't you receive the special=20
double-secret-forward-looking-X-Ray-sunglasses with your copy of =
HTMMIS?</DIV>
<DIV> </DIV>
<DIV>Thanks for pointing out the typo, I meant 9/28/01!</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> Friday, April 05, 2002 =
2:06=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] HTMMIS =
and=20
M</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D543290220-05042002><FONT=20
face=3DArial>Katherine,</FONT></SPAN></DIV>
<DIV><SPAN class=3D543290220-05042002><FONT=20
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D543290220-05042002><FONT face=3DArial>You are so=20
good...however, since it's almost the weekend, rhetorically =
speaking,=20
how is it you know that September 28, 2002 is going to be an=20
FTD?</FONT></SPAN></DIV>
<DIV><SPAN class=3D543290220-05042002></SPAN> </DIV>
<DIV><SPAN class=3D543290220-05042002><FONT face=3DArial>Enjoy your =
weekend and,=20
as you usually say, happy hunting!</FONT></SPAN></DIV>
<DIV><SPAN class=3D543290220-05042002></SPAN> </DIV>
<DIV><SPAN class=3D543290220-05042002><FONT=20
face=3DArial>Duke</FONT> </SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV></DIV>
<DIV class=3DOutlookMessageHeader lang=3Den-us dir=3Dltr =
align=3Dleft><FONT=20
face=3DTahoma size=3D2>-----Original Message-----<BR><B>From:</B> =
<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A>=20
[mailto:owner-canslim@lists.xmission.com] <B>On Behalf Of =
</B>Katherine=20
Malm<BR><B>Sent:</B> Friday, April 05, 2002 8:07 AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] HTMMIS =
and=20
M<BR><BR></FONT></DIV>
<DIV>Hi John,</DIV>
<DIV> </DIV>
<DIV>I can't remember a specific reference source (jans seems to =
be good=20
at that), but I've always been taught that part of reading the =
health of=20
the market from a CANSLIM point of view is not only to read the =
index=20
averages, but also to follow the strength, follow through and=20
number of recent CANSLIM breakouts. I don't know that there's =
a=20
specific number quoted, but since the last follow-through day, =
we've had a=20
paltry few high quality stocks breaking out, many have failed =
and/or=20
kissed their pivots repeatedly, and most of the CANSLIM universe =
is still=20
building bases. I think the difference between what I've been =
seeing=20
lately and what we saw over the last couple of years is that, even =
when=20
these breakouts "fail" they seem to be falling back close to the =
pivot and=20
building a new (shorter) consolidation, rather than just =
completely=20
tanking and falling into oblivion.</DIV>
<DIV> </DIV>
<DIV>In my own watchlist, the number of possible candidates has =
stayed=20
steady since the previous FTD* 9/28/02, rather than =
consistently=20
diminishing in number as it had been doing for a couple of years. =
That=20
leaves me encouraged, though being patient and persistent in =
following=20
these stocks while they build a base is testing me in a *big* =
way!!!</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<DIV> </DIV>
<DIV>*FTD =3D O'Neil Follow Through Day, for the newbies</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=3Djohn.cefaloni@us.army.mil=20
href=3D"mailto:john.cefaloni@us.army.mil">Cefaloni, John L Jr.=20
[AMSTA-AR-WEA]</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>Sent:</B> Friday, April 05, =
2002 6:44=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] HTMMIS =
and=20
M</DIV>
<DIV><BR></DIV>I haven't read HTMMIS in a long time (still =
waiting for=20
the next edition),<BR>but I seem to recall a guideline that says =
that if=20
you stop out on 3 good<BR>CANSLIM stocks, it's an indication =
that you=20
should take a break from the<BR>market for a few =
weeks.<BR><BR>Does=20
anyone else remember that, or am I thinking of a different =
source=20
other<BR>that HTMMIS?<BR><BR>John C.<BR><BR><BR>-<BR>-To=20
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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Previous Article (by Subject): Re: [CANSLIM] HTMMIS and M "Katherine Malm"
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