Re: [CANSLIM] SAH - now IBD

From: "John Calkins" <jcalkins@olypen.com>
Subject: Re: [CANSLIM] SAH - now IBD
Date: Fri, 3 May 2002 02:55:12 -0700
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I introduced myself on April 20th, 2002 and showed how I use IBD data for my
lists.  (CANSLIM jc)

I too have thought of stopping the paper then use a follow through week and
get a one month subscription to DGO.  I would like to know how you find the
main concept of WON's elephants in the bathtub without WTBMF in IBD?  This
list "is" IBD, period, if you turn off all the noise! As I indicated in my 4
years of data entry of WTBMF, looking at their charts and selecting a
possible CWH, Double Bottom, or Flat Base and Stocks in the News data lists,
I find some 90% of the time a Mini Graph has shown up to give me the
fundamental data that I use to create my sorted lists....(see my "CANSLIM
jc" from April 20, 2002).

As outlined in his books, tapes, videos, paper, seminars and online, all the
CANSLIM rules should be applied otherwise you are using some other style of
speculation that does not have the models developed my WON.

My observations now are that IBD is not listing as many "NEAR NEW HIGHS" in
the Stocks in the News Mini Graphs, and are listing stocks that appear to be
extended from their consolidations by more than the %15 that they say they
don't show.  So I too am a little confused at times by their
inconsistencies, but maybe with the market we may be seeing some short
candidates and or maybe the CANSLIM CWH's are just not there, yet.  It would
be great to talk to the people who choose which of the New Highs get chosen
for the Stocks in the News.

Has anyone ever found the elephants anywhere else?

JC




- ----- Original Message -----
From: "Ian" <ianstm@shaw.ca>
To: <canslim@lists.xmission.com>
Sent: Thursday, May 02, 2002 10:16 PM
Subject: Re: [CANSLIM] SAH - now IBD


> I'll chip in with a more optimistic view of IBD:
>
> All I ever read is the 'earnings', 'WTBMF' and 'new highs' sections, and I
> come away with a great appreciation for the paper. I am a big, big fan of
> their earnings section - it is thorough, comprehensive and has enough data
> to do some serious mining. They charge me $2.50/day for it here, which is
> the best money I spend on investing tools, by a country mile.
>
> Ian
>
>
>
> ----- Original Message -----
> From: Bill Triffet <btriffet@earthlink.net>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, May 02, 2002 9:18 PM
> Subject: Re: [CANSLIM] SAH - now IBD
>
>
> > I just got done explaining to one of the members offline that the
Weekend
> > Review was a good place to start. Back in 97-99 they had more with
actual
> > bases ready to go. I found some great winners there back then (oh the
good
> > ol days). Perhaps it's out lived it's usefulness. I have noticed this
year
> a
> > lot more extended stocks than not are put there.  I just think it's a
sign
> > of the market but they must still fill the paper with somthing...
> >
> > On a related note, I'm about to switch from IBD to Daily Graphs for the
> > reasons above. While the subcription is a lot more, it's usefulness more
> > than justifies it. I got REAL tired of reading about how Clinton was the
> > anti-Christ with no real stock picks to show for it all.
> >
> > -Bill
> >
> > ----- Original Message -----
> > From: "J. Lobatto" <jlobatto@nyc.rr.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Thursday, May 02, 2002 8:19 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > > I'll second these thoughts. It always puzzles me why in The Weekend
> Review
> > > section they display graphs of stocks that are overextended.
> > >
> > > ----- Original Message -----
> > > From: "Tom Worley" <stkguru@bellsouth.net>
> > > To: <canslim@lists.xmission.com>
> > > Sent: Thursday, May 02, 2002 11:04 PM
> > > Subject: Re: [CANSLIM] SAH
> > >
> > >
> > > > what, we gotta think for ourselves now as well? Actually, I agree,
at
> > > least
> > > > in part. I just hate IBD always pretending that they know it all, by
> > using
> > > > charts already weeks or months, or years, old.
> > > >
> > > > I stopped subscribing years ago because, in part, they were not
> teaching
> > > me
> > > > anything new about handling "TODAY'S" market. I can figure out,
today,
> > > real
> > > > well what I should have done three months ago (and most likely did
not
> > do
> > > > then). That's easy, try something challenging, like staying fully
> > invested
> > > > in today's market place. And making money at the same time.
> > > >
> > > > Tom Worley
> > > > stkguru@bellsouth.net
> > > > AIM: TexWorley
> > > > ----- Original Message -----
> > > > From: "Ian" <ianstm@shaw.ca>
> > > > To: <canslim@lists.xmission.com>
> > > > Sent: Thursday, May 02, 2002 11:20 PM
> > > > Subject: Re: [CANSLIM] SAH
> > > >
> > > >
> > > > I dunno. I think that would take away some of our advantage.
> > > >
> > > > Ian
> > > >
> > > >
> > > > ----- Original Message -----
> > > > From: Tom Worley <stkguru@bellsouth.net>
> > > > To: <canslim@lists.xmission.com>
> > > > Sent: Thursday, May 02, 2002 7:26 PM
> > > > Subject: Re: [CANSLIM] SAH
> > > >
> > > >
> > > > > IBD has a history of featuring stocks long after they are buyable,
> and
> > > > > already a proven winner. We have had many discussions here about
> that,
> > > and
> > > > I
> > > > > suspect most members, as well as most paying subscribers, would
like
> > > them
> > > > to
> > > > > feature more on current situations. Show the stocks with good c&h
> > > > formations
> > > > > right now that have fundies (fundamentals) that make them worth
> > watching
> > > > > closely.
> > > > >
> > > > > Point out stocks that are ridiculously overextended, or have no
> > fundies
> > > at
> > > > > all, as possible shorts
> > > > >
> > > > > Point out distribution days as they occur, both on indexes and
> > > individual
> > > > > stocks
> > > > >
> > > > > Tom Worley
> > > > > stkguru@bellsouth.net
> > > > > AIM: TexWorley
> > > > > ----- Original Message -----
> > > > > From: "Winston Little" <wlittle1@peoplepc.com>
> > > > > To: <canslim@lists.xmission.com>
> > > > > Sent: Thursday, May 02, 2002 10:18 PM
> > > > > Subject: Re: [CANSLIM] SAH
> > > > >
> > > > >
> > > > > Tom:
> > > > >
> > > > > My thinking had been that I was the only one wondering about the
> > > companies
> > > > > selected and somtimes repeated in feature stories a week or two
> later
> > in
> > > > the
> > > > > paper.
> > > > >



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