RS trend was RE: [CANSLIM] CANSLIm Evaluator Updates

From: "Mike Gibbons" <mikegibbons@proactech.com>
Subject: RS trend was RE: [CANSLIM] CANSLIm Evaluator Updates
Date: Sat, 4 May 2002 14:19:35 -1000

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I like Bill's idea of adding an indicator to the Canslim evaluator to show
if the RS is trending up or down. Does anyone have any views on how this
should be done?

I'm thinking of showing if the RS is above or below its moving average, but
should it be 5, 10, 20, 50 dma?

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 Bill Triffet
Sent: Friday, May 03, 2002 6:31 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] CANSLIm Evaluator Updates


Great job Mike!
While I haven't used it extensively, it does make for good first check to
see if the issue is even close. It also points me to the problem areas.

Just a thought - perhaps an added RS calculation to replace the trending
line of the RS in a graph? A static way to show if the RS in increasing or
decreasing. Example: Stock A is has an RS of 80. Stock B is also 80. The
difference is Stock A was 60 two weeks ago. Stock B was 98 two weeks ago.
Maybe a little up/down arrows nest to the RS? Not sure what time frame one
would use though.

Bottom line: given the price of your tool - it works great.



Thanks!

- -Bill


- ----- Original Message -----
From: "Mike Gibbons" <mikegibbons@proactech.com>
To: <canslim@lists.xmission.com>
Sent: Friday, May 03, 2002 6:42 PM
Subject: [CANSLIM] CANSLIm Evaluator Updates


> I've made some changes to the canslim evaluator
(www.cwhcharts.com/canslim)
> to address some of the comments I've received from the group.
>
> 1. Values for fundamentals such as ROE are now rounded to whole numbers so
a
> value of 16.78% will meet the 17% threshold.
> 2. I've applied some "fuzzy math" so a stock falling short of the required
> threshold will still get a score. For example, where EPS growth rate is
> required to be 25% to score 1 point, it will now score 0.8 for an EPS
growth
> rate of 20%
> 3. Only stocks on our WON cwh list will now rank as emerging from a sound
> base pattern.
>
> Thanks to those who have sent me suggestions both on and off-line. To
those
> others of you who make extensive use of the tool, I would like to hear
your
> suggestions for improvement also.
>
> Now, would anyone care to suggest the appropriate weightings for each
CANSLI
> category?



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