Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Updated CANSLIM hunting list
Date: Fri, 24 May 2002 12:35:54 -0500
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Hi SRP,
1. To find out if the RS Line is increasing, I simply run a calculation =
based on the price today vs. 26 weeks ago. The RS Line compares the =
price of the stock to the S&P500 on that date and then plots it. To be =
accurate, I should have said that I've included stocks where the RS Line =
is not decreasing. That is, I included anything where the RS Line was =
the same or higher over 26 weeks. The calculation is as follows: (Pn =3D =
Price now, P26 =3D Price 26 wks ago, SPXn =3D SPX now, SPX26 =3D SPX 26 =
wks ago):
% Inc in RS Line 26 wks =3D (Pn/SPXn - P26/SPX26) / (P26/SPX26)
The line you see on the DGO or IBD charts is a plot of this relationship =
between Price & SPX over time and is *not* a plot of the RS Ranking =
(1-99) over time. That is, it tells you how the price of the stock is =
doing relative to the S&P500. The RS Ranking tells you how the stock is =
performing vs. all other stocks based on price appreciation over the =
last 12 months (based on 40% current quarter and 20% for each of the =
previous quarters).
2. D/E is Debt to Equity. Or, what some people simply call the Debt =
Ratio. I like it to be <=3D50%, but don't use it as a filter, just a =
weigh-in factor. Reasons are numerous, including errors in the data =
sources, the norm for the industry, etc.
Katherine
----- Original Message -----=20
From: SRP Singh=20
To: canslim@lists.xmission.com=20
Sent: Friday, May 24, 2002 12:20 PM
Subject: Re: [CANSLIM] Updated CANSLIM hunting list
Hi Katherine,
Thanks for sharing spreadsheet. I've 2 questions
though.
1. How or where do you get value for "an increasing RS
Line for the last 26 wks" ? I can see the RS Line at
charts in investors.com but how do you use it in the
filter ?
2. In one of your earlier mails you've mentioned that
you prefer the following values :
ROE (prefer >=3D17%)
D/E (prefer <=3D50%)
Is this D/E is typo ? Should it be P/E ? Please excuse
my ignorance.
Thanks,
SRP
--- Katherine Malm <kmalm@earthlink.net> wrote:
> Hi All,
>=20
> I've uploaded a more current spreadsheet with links
> containing "CANSLIM hunting ground" stocks.
>=20
> All stocks have forward growth rates >=3D15, have an
> increasing RS Line for the last 26 wks, current
> RS>=3D60, Price>=3D200dMA, Price>=3D(-15%) of 50dMA, A/D
> not D or E. Some stocks will slip through that don't
> meet all the technical requirements because, when
> data is missing, I let them pass.
>=20
> Most stocks included have Price>=3D6, though some
> small fry slip through. Most AvgVols are >=3D30K,
> though again, some lower ADV's are included.
>=20
> Stocks to be merged/acquired are not included.
>=20
> Data current as of 5/22/02
>=20
> You'll find the spreadsheet at: =20
>
http://WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip
>=20
> Happy Hunting,
> Katherine
>=20
> PS Industries are NOT from DGO, so you will see some
> differences between the industries identified here
> and those as they are identified in DGO.
>=20
__________________________________________________
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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Hi SRP,</DIV>
<DIV> </DIV>
<DIV>1. To find out if the RS Line is increasing, I simply run a =
calculation=20
based on the price today vs. 26 weeks ago. The RS Line compares the =
price of the=20
stock to the S&P500 on that date and then plots it. To be accurate, =
I should=20
have said that I've included stocks where the RS Line is not decreasing. =
That=20
is, I included anything where the RS Line was the same or higher over 26 =
weeks.=20
The calculation is as follows: (Pn =3D Price now, P26 =3D Price 26 wks =
ago, SPXn =3D=20
SPX now, SPX26 =3D SPX 26 wks ago):</DIV>
<DIV> </DIV>
<DIV>% Inc in RS Line 26 wks =3D (Pn/SPXn - P26/SPX26) / =
(P26/SPX26)</DIV>
<DIV> </DIV>
<DIV>The line you see on the DGO or IBD charts is a plot of this =
relationship=20
between Price & SPX over time and is *not* a plot of the RS Ranking =
(1-99)=20
over time. That is, it tells you how the price of the stock is doing =
relative to=20
the S&P500. The RS Ranking tells you how the stock is performing vs. =
<EM>all=20
other stocks</EM> based on price appreciation over the last 12 months =
(based on=20
40% current quarter and 20% for each of the previous quarters).</DIV>
<DIV> </DIV>
<DIV>2. D/E is Debt to Equity. Or, what some people simply call the Debt =
Ratio.=20
I like it to be <=3D50%, but don't use it as a filter, just a =
weigh-in factor.=20
Reasons are numerous, including errors in the data sources, the norm for =
the=20
industry, etc.</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=3Dssingh_01803@yahoo.com =
href=3D"mailto:ssingh_01803@yahoo.com">SRP=20
Singh</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>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, May 24, 2002 =
12:20 PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Updated =
CANSLIM=20
hunting list</DIV>
<DIV><BR></DIV>Hi Katherine,<BR><BR> Thanks for sharing =
spreadsheet.=20
I've 2 questions<BR>though.<BR><BR>1. How or where do you get value =
for "an=20
increasing RS<BR>Line for the last 26 wks" ? I can see the RS Line=20
at<BR>charts in investors.com but how do you use it in the<BR>filter=20
?<BR><BR><BR>2. In one of your earlier mails you've mentioned =
that<BR>you=20
prefer the following values :<BR>ROE (prefer >=3D17%)<BR>D/E =
(prefer=20
<=3D50%)<BR><BR>Is this D/E is typo ? Should it be P/E ? Please =
excuse<BR>my=20
ignorance.<BR><BR>Thanks,<BR>SRP<BR><BR><BR>--- Katherine Malm <<A=20
href=3D"mailto:kmalm@earthlink.net">kmalm@earthlink.net</A>> =
wrote:<BR>>=20
Hi All,<BR>> <BR>> I've uploaded a more current spreadsheet with =
links<BR>> containing "CANSLIM hunting ground" stocks.<BR>> =
<BR>> All=20
stocks have forward growth rates >=3D15, have an<BR>> increasing =
RS Line=20
for the last 26 wks, current<BR>> RS>=3D60, Price>=3D200dMA,=20
Price>=3D(-15%) of 50dMA, A/D<BR>> not D or E. Some stocks will =
slip=20
through that don't<BR>> meet all the technical requirements =
because,=20
when<BR>> data is missing, I let them pass.<BR>> <BR>> Most =
stocks=20
included have Price>=3D6, though some<BR>> small fry slip =
through. Most=20
AvgVols are >=3D30K,<BR>> though again, some lower ADV's are=20
included.<BR>> <BR>> Stocks to be merged/acquired are not=20
included.<BR>> <BR>> Data current as of 5/22/02<BR>> <BR>> =
You'll=20
find the spreadsheet at: <BR>><BR><A=20
=
href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip">http:=
//WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip</A><BR>>=20
<BR>> Happy Hunting,<BR>> Katherine<BR>> <BR>> PS =
Industries are=20
NOT from DGO, so you will see some<BR>> differences between the =
industries=20
identified here<BR>> and those as they are identified in =
DGO.<BR>>=20
<BR><BR><BR>__________________________________________________<BR>Do =
You=20
Yahoo!?<BR>LAUNCH - Your Yahoo! Music Experience<BR><A=20
=
href=3D"http://launch.yahoo.com">http://launch.yahoo.com</A><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></BLOCKQUOTE></BODY></HTML>
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- -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 Subject): RE: [CANSLIM] Updated CANSLIM hunting list "Mike Gibbons"
Previous Article (by Subject): Re: [CANSLIM] Updated CANSLIM hunting list SRP Singh
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Next in Thread: RE: [CANSLIM] Updated CANSLIM hunting list "Mike Gibbons"
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