Re: [CANSLIM] How are you choosing your stocks?

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] How are you choosing your stocks?
Date: Thu, 25 Apr 2002 20:18:57 -0400

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Dmitri,

not sure where you are doing your screening, but my experience with DGO's
beta site convinced me that the simpler I kept the screens, the better. Not
only did I get more candidates to look at, where I could apply simple human
intelligence, but I didn't eliminate a stock that might have just missed a
single criteria by a little, but otherwise was of interest.

In looking down the list, I noted you used $20 price for a minimum. I would
suggest lowering that to at least 15, if not 12.

I would also suggest always setting any minimum or maximum limits outside of
your acceptable range, not exactly at the limit of the acceptable range.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----
From: "Dimitri Katsaros" <dcka@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, April 25, 2002 4:31 PM
Subject: [CANSLIM] How are you choosing your stocks?


Hello all:

I'm not sure how people are choosing stocks right
now... are some rules being dismissed? When I've gone
looking, I come up with no candidates. Here is the
screen that I've built based on what I read in his two
books and online:

Screen Criteria Parameters

Earnings Per Share (EPS) Rating From 85 to 99

Relative Price Strength (RS) Rating From 85 to 99

Industry Group Relative Strength (GRP RS) Rating A, B

Sales + Profit Margins + ROE (SMR) Rating A, B

Accumulation/Distribution (Acc/Dis) Rating A, B

% Change in Latest Quarter's EPS vs. Same Quarter
Prior Year Greater than or equal to: 25

% Increase in Current Annual EPS Estimate vs. Last
Reported Annual EPS (TCFYEC) Greater than or equal to:
30

EPS Have Been Accelerating Over the Latest 3 Quarters
(%) True

Annual % EPS Growth Rate of Last 3 Years Greater than
or equal to: 30

% Change Latest Quarter's Sales vs. Same Quarter Prior
Year Greater than or equal to: 25

Sales Have Been Accelerating Over the Latest 3
Quarters (%) True

Annual % Sales Growth Rate of Last 3 Years Greater
than or equal to: 20

Annual % Sales Growth Rate of Last 5 Years Greater
than or equal to: 20

Average Sales % Change for Last 3 Quarters Greater
than or equal to: 25

Company's Industry Group Rank From 1 to 40

Sponsorship Rating A, B

% of Stock Owned by Mutual Funds Greater than or equal
to: 1

% of the number of Mutual Funds Owning for Current
Quarter vs. Prior Quarter Greater than or equal to: 1

Current Price Greater than or equal to: 20.000

Stocks trading at new 52-Week High AND Percentage
price is below 52-Week High From 0 to 10

Current 50-Day Average Volume(1000) Greater than or
equal to: 200

% Increase in Volume (Current Day) vs. 50-Day Average
Volume Greater than or equal to: 50

Average After Tax Profit Margin (Last 2 Quarters)
Greater than or equal to: 13

Companies With Accelerating After-Tax Profit Margins
During Latest 3 Quarters (%) True

Pre-tax Annual Margins (Latest Fiscal Year Reported)
Greater than or equal to: 18

ROE (Latest Fiscal Year Reported) Greater than or
equal to: 17

Thank you
Dimitri Katsaros

=====
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