Go to Jeff Salisbury LWGate Home Page.From: "David Taggart" <dctag@mavericktrading.com>
Subject: RE: offlist--Re: [CANSLIM] Q: Accelerating growth
Date: Thu, 2 May 2002 13:41:53 -0600
Next Article (by Date): Re: [CANSLIM] SRCL "Winston Little"
Previous Article (by Date): offlist--Re: [CANSLIM] Q: Accelerating growth "Katherine Malm"
Top of Thread: offlist--Re: [CANSLIM] Q: Accelerating growth "Katherine Malm"
Next in Thread: RE: offlist--Re: [CANSLIM] Q: Accelerating growth "Mike Gibbons"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_001C_01C1F1DF.1EACB2C0
Content-Type: text/plain;
charset="Windows-1252"
Content-Transfer-Encoding: 7bit
I use earnings expansion in my screening which I would say is acceleration
but while I had never thought of using ROC on earnings I do like that idea
a lot. I think I will try and make that indicator in excel if I have any
luck I will post it.
David Taggart
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Thursday, May 02, 2002 1:34 PM
To: canslim@lists.xmission.com
Subject: offlist--Re: [CANSLIM] Q: Accelerating growth
I might be all wrong here, but I think what you've calculated is velocity
rather than acceleration.
Acceleration = rate of change
Velocity = rate of change of the rate of change + direction
Katherine
----- Original Message -----
From: Mike Gibbons
To: canslim@lists.xmission.com
Sent: Thursday, May 02, 2002 2:24 PM
Subject: [CANSLIM] Q: Accelerating growth
I've often seen WON and IBD refer to the need for "accelerating growth".
Strictly speaking, that means that the *rate of change* of growth should
be
positive.
In yesterday's Investor's Corner they said of PHA, "At the time,
earnings
growth was accelerating (8% to 35% to 57%)". So the change in growth was
from 8% to 35% (27%) to 35% to 57% (22%). So the *rate of change* of
growth
was 22 - 27 -> -5. That is, growth was decelerating not accelerating
Now as a physics major, I may be too picky, but I believe that language
should be used correctly or it loses its value. It seems to me that what
they mean is "earnings growth was increasing".
In that case the WON rule that says that "sales growth should be
accelerating" needs to be restated to "sales growth should be
increasing".
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 Warren Keuffel
Sent: Thursday, May 02, 2002 7:55 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] IBD's Industry Group and Ticker Symbol Index
If you intend to pursue a group-oriented strategy, and you intend to use
IBD's 197 industry group tables, the book is indispensible because it's
not always obvious which companies are assigned to which industry
groups. I'm using Vector Vest now, which has its own industry groupings,
so I no longer buy the IBD books.
HTH.
Warren
rolf hertenstein wrote:
>Hello all -
>
>Could anyone who has used this guide in the past
>tell me if they
>indeed found it useful? I'll likely wait for the
>next issue due in June
>in any case.
>
>Thanks!
>
> Rolf
>
>
>-
>-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.
- ------=_NextPart_000_001C_01C1F1DF.1EACB2C0
Content-Type: text/html;
charset="Windows-1252"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dwindows-1252">
<META content=3D"MSHTML 6.00.2712.300" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D064053819-02052002><FONT face=3DArial color=3D#0000ff =
size=3D2>I=20
use earnings expansion in my screening which I would say is=20
acceleration but while I had never thought of using ROC on =
earnings I=20
do like that idea a lot. I think I will try and =
make that=20
indicator in excel if I have any luck I will post =
it.</FONT></SPAN></DIV>
<DIV><SPAN class=3D064053819-02052002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D064053819-02052002><FONT face=3DArial color=3D#0000ff =
size=3D2>David=20
Taggart </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> Thursday, May 02, 2002 1:34 PM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> offlist--Re: [CANSLIM] =
Q:=20
Accelerating growth<BR><BR></FONT></DIV>
<DIV>I might be all wrong here, but I think what you've calculated is =
velocity=20
rather than acceleration.</DIV>
<DIV> </DIV>
<DIV>Acceleration =3D rate of change</DIV>
<DIV>Velocity =3D rate of change of the rate of change + =
direction</DIV>
<DIV> </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=3Dmike@proactech.com =
href=3D"mailto:mike@proactech.com">Mike=20
Gibbons</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> Thursday, May 02, 2002 =
2:24=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Q: =
Accelerating=20
growth</DIV>
<DIV><BR></DIV>I've often seen WON and IBD refer to the need for=20
"accelerating growth".<BR>Strictly speaking, that means that the =
*rate of=20
change* of growth should be<BR>positive.<BR><BR>In yesterday's =
Investor's=20
Corner they said of PHA, "At the time, earnings<BR>growth was =
accelerating=20
(8% to 35% to 57%)". So the change in growth was<BR>from 8% to 35% =
(27%) to=20
35% to 57% (22%). So the *rate of change* of growth<BR>was 22 - 27 =
- -> -5.=20
That is, growth was decelerating not accelerating<BR><BR>Now as a =
physics=20
major, I may be too picky, but I believe that language<BR>should be =
used=20
correctly or it loses its value. It seems to me that what<BR>they =
mean is=20
"earnings growth was increasing".<BR><BR>In that case the WON rule =
that says=20
that "sales growth should be<BR>accelerating" needs to be restated =
to "sales=20
growth should be increasing".<BR><BR>Aloha,<BR><BR>Mike =
Gibbons<BR>Proactive=20
Technologies, LLC<BR><A=20
=
href=3D"http://www.proactech.com">http://www.proactech.com</A><BR><BR><BR=
>-----Original=20
Message-----<BR>From: <A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A><BR>[mailto:owner-canslim@lists.xmission.com]On=20
Behalf Of Warren Keuffel<BR>Sent: Thursday, May 02, 2002 7:55 =
AM<BR>To: <A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>Subject:=20
Re: [CANSLIM] IBD's Industry Group and Ticker Symbol =
Index<BR><BR><BR>If you=20
intend to pursue a group-oriented strategy, and you intend to =
use<BR>IBD's=20
197 industry group tables, the book is indispensible because =
it's<BR>not=20
always obvious which companies are assigned to which =
industry<BR>groups. I'm=20
using Vector Vest now, which has its own industry groupings,<BR>so I =
no=20
longer buy the IBD books.<BR><BR>HTH.<BR>Warren<BR><BR>rolf =
hertenstein=20
wrote:<BR><BR>>Hello all -<BR>><BR>>Could anyone who has =
used this=20
guide in the past<BR>>tell me if they<BR>>indeed found it=20
useful? I'll likely wait for the<BR>>next issue due in=20
June<BR>>in any case.<BR>><BR>>Thanks!<BR>><BR>>=20
Rolf<BR>><BR>><BR>>-<BR>>-To 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.<BR>><BR>><BR>><BR><BR><BR><BR>-<BR>-To=20
subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your email.<BR><BR><BR>-<BR>-To =
subscribe/unsubscribe,=20
email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your =
email.</BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
- ------=_NextPart_000_001C_01C1F1DF.1EACB2C0--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): Re: [CANSLIM] SRCL "Winston Little"
Previous Article (by Date): offlist--Re: [CANSLIM] Q: Accelerating growth "Katherine Malm"
Top of Thread: offlist--Re: [CANSLIM] Q: Accelerating growth "Katherine Malm"
Next in Thread: RE: offlist--Re: [CANSLIM] Q: Accelerating growth "Mike Gibbons"
Articles sorted by: [Date]
[Author]
[Subject]