Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] ACRT or MXT?
Date: Tue, 28 May 2002 08:02:21 -0500
Next Article (by Author): Re: [CANSLIM] SMR Rating "Katherine Malm"
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Hi James,
First, on the article to which I was referring, my guess is that you =
didn't get the entire web address when you clicked. Here is the same =
link again:
http://makeashorterlink.com/?V28C212F
>>Do you avoid/sell any company as soon as there is a law sue come?
Not necessarily, though I count litigation as a red flag mark against =
the company. It's hard to find any company that doesn't have some sort =
of litigation in the works. Reading the 10K's or 10Q's (SEC filings) =
will alert you to anything pending, as will a quick review of recent =
news and/or significant developments at sites such as =
http://biz.yahoo.com/p/a/acrt.html. But as with anything, the devil's in =
the details.
>>do you still believe in "buy and hold"=20
Buy and hold is a concept that makes no sense to me as it implies that =
one would purchase a stock with no intention of selling it. (Don't be =
fooled, Warren Buffet SELLS stuff) Just as with any asset, a stock has a =
shelf life. In the CANSLIM discipline, that shelf life is distinctive =
and governed by sell rules that have you capturing the majority of the =
move and then getting out when appropriate so that the money is always =
working *for* you. And in my book that's extremely important. I worked =
by butt off to earn it, and by golly, I want it working just as hard for =
*me* once I have it.
>>which method you prefer when you pick a stock, using technical (what =
kind) or relying on fundamentals (or strictly follow CANSLIM)?
I am somewhat of a CANSLIM purist, following the underlying principles =
of CANSLIM and staying in the intermediate time frame for stock =
selection, buying and selling. A great resource is at the IBD site:
www.investor.com/learn
Katherine
----- Original Message -----=20
From: James Wang=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, May 28, 2002 6:56 AM
Subject: Re: [CANSLIM] ACRT or MXT?
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=3Dstocks%2Fcompanyinfor=
mation%2Fnews&Ticker=3DACRT&TEXT=3DCMTX:20020412:102u4338
>
>I'm with Tom.....just get in the habit of ignoring stocks with an =
RS<60 and=20
>don't be tempted to bottom fish. Go to Investors.com and read =
articles on=20
>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=20
>values.
>
> James
>
> _________________________________________________________________
> Chat with friends online, try MSN Messenger: =
http://messenger.msn.com
>
>
> -
> -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.
_________________________________________________________________
Join the world's largest e-mail service with MSN Hotmail.=20
http://www.hotmail.com
-
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-In the email body, write "subscribe canslim" or
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<DIV>Hi James,</DIV>
<DIV> </DIV>
<DIV>First, on the article to which I was referring, my guess is that =
you didn't=20
get the entire web address when you clicked. Here is =
the same link=20
again:</DIV>
<DIV> </DIV>
<DIV><A=20
href=3D"http://makeashorterlink.com/?V28C212F">http://makeashorterlink.co=
m/?V28C212F</A></DIV>
<DIV> </DIV>
<DIV>>>Do you avoid/sell any company as soon as there is a law sue =
come?</DIV>
<DIV> </DIV>
<DIV>Not necessarily, though I count litigation as a red flag mark =
against the=20
company. It's hard to find any company that doesn't have some sort of =
litigation=20
in the works. Reading the 10K's or 10Q's (SEC filings) will alert you to =
anything pending, as will a quick review of recent news and/or =
significant=20
developments at sites such as <A=20
href=3D"http://biz.yahoo.com/p/a/acrt.html">http://biz.yahoo.com/p/a/acrt=
.html</A>.=20
But as with anything, the devil's in the details.</DIV>
<DIV> </DIV>
<DIV>>>do you still believe in "buy and hold" </DIV>
<DIV>Buy and hold is a concept that makes no sense to me as it implies =
that one=20
would purchase a stock with no intention of selling it. (Don't be =
fooled, Warren=20
Buffet SELLS stuff) Just as with any asset, a stock has a shelf =
life. In=20
the CANSLIM discipline, that shelf life is distinctive and governed by =
sell=20
rules that have you capturing the majority of the move and then getting =
out when=20
appropriate so that the money is always working *for* you. And in my =
book that's=20
extremely important. I worked by butt off to earn it, and by golly, I =
want it=20
working just as hard for *me* once I have it.</DIV>
<DIV> </DIV>
<DIV>>>which method you prefer when you pick a stock, using =
technical=20
(what kind) or relying on fundamentals (or strictly follow =
CANSLIM)?</DIV>
<DIV>I am somewhat of a CANSLIM purist, following the underlying =
principles of=20
CANSLIM and staying in the intermediate time frame for stock selection, =
buying=20
and selling. A great resource is at the IBD site:</DIV>
<DIV> </DIV>
<DIV><A =
href=3D"http://www.investor.com/learn">www.investor.com/learn</A></DIV>
<DIV> </DIV>
<DIV>Katherine<BR></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=3Djamesjw1@hotmail.com =
href=3D"mailto:jamesjw1@hotmail.com">James=20
Wang</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> Tuesday, May 28, 2002 =
6:56 AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] ACRT or =
MXT?</DIV>
<DIV><BR></DIV>Thanks Tom & Katherine for your =
advice:<BR><BR>Tom:<BR>I'd=20
like to know what you meant by RS,<BR>it's not Relative Strength, is =
it? How=20
to use the<BR>RS and how did you calculated them =
in<BR>> RS of=20
30 would keep ACRT off my list<BR>> RS of 18 would also =
block=20
MCSI<BR>> RS of 9 on NYFX, goodbye<BR>> =
RS of 14=20
on MXT - sorry, none would go beyond a<BR> first =
glance for=20
me<BR><BR>Katherine: The RS you mentioned, I guess, is the<BR>Relative =
Strength, and you prefer it > 60 at the<BR>least. I agree with =
you. =20
Do you avoid/sell any<BR>company as soon as there is a law sue come? =
I<BR>went=20
to the web site you recommended and wondered<BR>which articles you=20
particularly implied?<BR><BR>A common question to you both: do =
you still=20
believe<BR>in "buy and hold" and which method you prefer when<BR>you =
pick a=20
stock, using technical (what kind) or<BR>relying on fundamentals (or =
strictly=20
follow CANSLIM)?<BR><BR>Thanks =
again.<BR><BR>James<BR><BR><BR><BR>>From:=20
"Katherine Malm" <<A=20
=
href=3D"mailto:kmalm@earthlink.net">kmalm@earthlink.net</A>><BR>>Re=
ply-To:=20
<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>>To:=20
<<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
><BR>>Subject:=20
Re: [CANSLIM] ACRT or MXT?<BR>>Date: Mon, 27 May 2002 17:14:37=20
-0500<BR>><BR>>Hi James & Tom,<BR>><BR>>Not to mention =
things=20
like this in the significant developments raise <BR>>enough red =
flags to=20
stay away from something like=20
=
ACRT:<BR>><BR>>http://yahoo.marketguide.com/MGI/news.asp?target=3Ds=
tocks%2Fcompanyinformation%2Fnews&Ticker=3DACRT&TEXT=3DCMTX:20020=
412:102u4338<BR>><BR>>I'm=20
with Tom.....just get in the habit of ignoring stocks with an RS<60 =
and=20
<BR>>don't be tempted to bottom fish. Go to Investors.com and read =
articles=20
on <BR>>Fallen Angels and Falling Knives to get the=20
gist.<BR>><BR>>Katherine<BR>> ----- Original =
Message=20
-----<BR>> From: Tom Worley<BR>> To: <A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>> =20
Sent: Monday, May 27, 2002 4:53 PM<BR>> Subject: Re: =
[CANSLIM]=20
ACRT or MXT?<BR>><BR>><BR>> Hi=20
James,<BR>><BR>> RS of 30 would keep ACRT off my=20
list<BR>> RS of 18 would also block =
MCSI<BR>> RS=20
of 9 on NYFX, goodbye<BR>> RS of 14 on MXT - sorry, =
none would=20
go beyond a first glance for me<BR>><BR>> all have =
recent,=20
and substantial, overhead due to the recent price=20
<BR>>declines.<BR>> They will be fighting resistance =
all the=20
way back up.<BR>><BR>> ----- Original Message=20
-----<BR>> From: "James Wang" <<A=20
=
href=3D"mailto:jamesjw1@hotmail.com">jamesjw1@hotmail.com</A>><BR>>=
=20
To: <<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
><BR>> =20
Sent: Monday, May 27, 2002 5:29 PM<BR>> Subject: =
[CANSLIM] ACRT=20
or MXT?<BR>><BR>><BR>><BR>><BR>> Hi, Just =
to learn=20
recognizing potential winning<BR>> stocks, by their =
both=20
fundamantals and technical<BR>> analysis. I =
recently did=20
some research on the following<BR>> stocks, and find =
they could=20
be great candidates for<BR>> longs. What do you=20
think:<BR>><BR>> ACRT: steady earings, low PE and =
low PEG,=20
high short ratio.<BR>><BR>> MCSI: good earings, good =
values.<BR>><BR>> NYFX: should be great with =
economy's=20
recovery.<BR>><BR>> MXT: great potential with =
recovery, over=20
80% short in floats. Great =
<BR>>values.<BR>><BR>> =20
James<BR>><BR>> =20
=
_________________________________________________________________<BR>>=
=20
Chat with friends online, try MSN Messenger: <A=20
=
href=3D"http://messenger.msn.com">http://messenger.msn.com</A><BR>><BR=
>><BR>> =20
-<BR>> -To subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>=
; =20
-In the email body, write "subscribe canslim" or<BR>> =20
-"unsubscribe canslim". Do not use quotes in your=20
email.<BR>><BR>><BR>><BR>><BR>> =20
-<BR>> -To subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>=
; =20
-In the email body, write "subscribe canslim" or<BR>> =20
-"unsubscribe canslim". Do not use quotes in your=20
=
email.<BR><BR><BR>_______________________________________________________=
__________<BR>Join=20
the world's largest e-mail service with MSN Hotmail. <BR><A=20
=
href=3D"http://www.hotmail.com">http://www.hotmail.com</A><BR><BR><BR>-<B=
R>-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.</BLOCKQUOTE></BODY></HTML>
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