Re: [CANSLIM] ACRT or MXT?

From: "James Wang" <jamesjw1@hotmail.com>
Subject: Re: [CANSLIM] ACRT or MXT?
Date: Tue, 28 May 2002 07:56:57 -0400

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Thanks Tom & Katherine for your advice:

Tom:
I'd like to know what you meant by RS,
it's not Relative Strength, is it? How to use the
RS and how did you calculated them in
>   RS of 30 would keep ACRT off my list
>   RS of 18 would also block MCSI
>   RS of 9 on NYFX, goodbye
>   RS of 14 on MXT - sorry, none would go beyond a
    first glance for me

Katherine: The RS you mentioned, I guess, is the
Relative Strength, and you prefer it > 60 at the
least. I agree with you.  Do you avoid/sell any
company as soon as there is a law sue come? I
went to the web site you recommended and wondered
which articles you particularly implied?

A common question to you both:  do you still believe
in "buy and hold" and which method you prefer when
you pick a stock, using technical (what kind) or
relying on fundamentals (or strictly follow CANSLIM)?

Thanks again.

James



>From: "Katherine Malm" <kmalm@earthlink.net>
>Reply-To: canslim@lists.xmission.com
>To: <canslim@lists.xmission.com>
>Subject: Re: [CANSLIM] ACRT or MXT?
>Date: Mon, 27 May 2002 17:14:37 -0500
>
>Hi James & Tom,
>
>Not to mention things like this in the significant developments raise 
>enough red flags to stay away from something like ACRT:
>
>http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation%2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338
>
>I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and 
>don't be tempted to bottom fish. Go to Investors.com and read articles on 
>Fallen Angels and Falling Knives to get the gist.
>
>Katherine
>   ----- Original Message -----
>   From: Tom Worley
>   To: canslim@lists.xmission.com
>   Sent: Monday, May 27, 2002 4:53 PM
>   Subject: Re: [CANSLIM] ACRT or MXT?
>
>
>   Hi James,
>
>   RS of 30 would keep ACRT off my list
>   RS of 18 would also block MCSI
>   RS of 9 on NYFX, goodbye
>   RS of 14 on MXT - sorry, none would go beyond a first glance for me
>
>   all have recent, and substantial, overhead due to the recent price 
>declines.
>   They will be fighting resistance all the way back up.
>
>   ----- Original Message -----
>   From: "James Wang" <jamesjw1@hotmail.com>
>   To: <canslim@lists.xmission.com>
>   Sent: Monday, May 27, 2002 5:29 PM
>   Subject: [CANSLIM] ACRT or MXT?
>
>
>
>
>   Hi, Just to learn recognizing potential winning
>   stocks, by their both fundamantals and technical
>   analysis.  I recently did some research on the following
>   stocks, and find they could be great candidates for
>   longs.  What do you think:
>
>   ACRT: steady earings, low PE and low PEG, high short ratio.
>
>   MCSI: good earings, good values.
>
>   NYFX: should be great with economy's recovery.
>
>   MXT: great potential with recovery, over 80% short in floats.  Great 
>values.
>
>   James
>
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