Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] PMFG
Date: Wed, 1 May 2002 19:47:19 -0400
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I never said it was easy, and especially in the kind of "M" we have had for the past 18 months. I just said it can be done, even on a part time basis. If I was still doing it as my job (former stock broker), I would be able to dedicate far more time to both research, and watching / timing my entry and exit. I have no doubt my results would be improved. Certainly I spend much more time daily on investing matters than the average or typical investor. Even with that, however, it is anything but a full time occupation, nor something I am paid to do except by the results of my investing decisions. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: "Dave Wulf" <DWulf@WBMNet.Com> To: <canslim@lists.xmission.com> Sent: Wednesday, May 01, 2002 5:08 PM Subject: RE: [CANSLIM] PMFG In defense of "those professionals" you continue to beat the socks off....gimme a break. Not nearly so easy as you make it seem "part-time". DWulf > ---------- > From: Tom Worley[SMTP:stkguru@bellsouth.net] > Reply To: canslim@lists.xmission.com > Sent: Tuesday, April 30, 2002 5:42 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] PMFG > > I disagree. WON was asked in his daily Q&A, which someone posted here, > whether a basing formation below the high was still useable. As I > understood > his answer, not only was it useable, but he didn't mention it having to > put > the handle or other pivot over the 200 DMA first. The question, as I > recall, > was mostly in reference to big names like Cisco, which I personally don't > expect will be the future leaders most of us will be buying, but will > still > be sought by the managers of our money stuck in mutual funds in 401K plans > (aaarrgggghhhhh!!!, won't those "professionals" ever learn how to invest? > I > am so tired of beating their socks off just doing it as a hobby part time, > and they are supposed to be doing it as a living) > > Tom Worley > stkguru@bellsouth.net > AIM: TexWorley > ----- Original Message ----- > From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" <john.cefaloni@us.army.mil> > To: <canslim@lists.xmission.com> > Sent: Tuesday, April 30, 2002 2:18 PM > Subject: RE: [CANSLIM] PMFG > > > One comment about the chart: PMFG is trading below it's 200 DMA. I > believe > that disqualifies it as a CANSLIM breakout candidate. > > John C. > > -----Original Message----- > From: J. Lobatto [mailto:jlobatto@nyc.rr.com] > Sent: Tuesday, April 30, 2002 2:02 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] PMFG > > > Ian, > > PMFG looks interesting. Taking a look at the chart which is an extended > downward sloping base, where would you set the pivot point; back at the > July > high of 23.75 or sometime after that at a lower price? > > Jon > ----- Original Message ----- > From: "Ian" <ianstm@shaw.ca> > To: <canslim@lists.xmission.com> > Sent: Tuesday, April 30, 2002 12:28 PM > Subject: [CANSLIM] PMFG > > > > Hi all: > > > > I thought I would throw out PMFG as a CANSLIM watchlist candidate, based > on > > the strength of their historical and current revenue and EPS growth. > They > > announced earnings today - > > http://biz.yahoo.com/prnews/020430/datu033_1.html - another strong Q, > > showing 58% revenue growth, and 167% income growth, and $0.38 EPS. The > > caveat in todays report is the declining backlog (69 M to 63M) from last > Q. > > > > They are a 'traditional' CANSLIM candidate, in that there are just > 3,000,000 > > shares outstanding. The 2-year weekly chart is starting to look > > interesting - the daily chart appears random, as the stock is highly > > illiquid, volatile and subject to excessive spreads. > > > > IF AND ONLY IF a significant (20000+) change in average daily volume is > > sustained, then it would meet all of my personal cirteria as an > exceptional > > CANSLIM candidate. But that is a big 'IF' - it really needs a quantum > change > > in volume - right now, it could easily collapse with one block seller. > > > > PMFG is one to add to the watchlist - looking for a sustained daily > volume > > increase, and a price move up through resistance levels in the $18-$23 > area. > > > > > > Ian > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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