Re: [CANSLIM] Updated CANSLIM hunting list

From: jch <jchjch@earthlink.net >
Subject: Re: [CANSLIM] Updated CANSLIM hunting list
Date: Tue, 28 May 2002 13:49:32 -0500

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Mike--Believe you meant spacejock.com

>John Heiman (Another newbie)




>I'll add my 2 cents worth on the subject... When you are first starting
>out, like I am, with a 3,000 capital pool, it is hard to justify paying a
>site $40.00 a month for data, research, whatever. I have found two nice
>programs that are free, that you may want to consider. The first is MedVed
>QuoteTracker. I think the website is Quotetracker.com, but if you search on
>the net, I am sure you will find it. You can set up your portfolio, and
>watch lists in it, and hook into free (delayed) daily price quotes, set up
>alerts, etc. It also allows you to link to other sites for historic charts
>(bigcharts, etc), link to news on the stocks, and has a great all in one
>way to search message boards for each stock.
>
>The second program is FCharts SE which can be found on spackjock.com. It is
>also free, and it is a charting program. What is nice is that you can
>download data for your stocks, then operate the program offline. I use this
>to download data on stocks I want to start watching, based on fundamentals,
>and then I can study the chart patterns later without having to be online.
>
>I do subscribe to IBD, and really think it is useful as you are starting
>out. Now my biggest problem is trying to keep my watchlist size to a
>reasonable level!!!
>
>Hope this helps
>
>Mike Niemotka , PE
>Sr. Principal Engineer
>Baxter Healthcare Corporation
>Route 120 & Wilson Road
>Round Lake, IL 60073
>Tel (847) 270-4075
>Fax (847) 270-4525
>michael_niemotka@baxter.com
>
>
> 
>
>                     Chazmoore@aol.com 
>
>                     Sent 
> by:                      To:     canslim@lists.xmission.com 
>
>                     owner-canslim@lists.xm        cc: 
>
>                     ission.com                    Subject:     Re: 
> [CANSLIM] Updated CANSLIM hunting list
> 
>
> 
>
>                     05/25/2002 02:21 
> PM 
>
>                     Please respond 
> to 
>
>                     canslim 
>
> 
>
> 
>
>
>
>
>
>Chris: You pose an interesting question and I am sure it varies
>significantly from one investor to the next. For example, some think a
>subscription to DGO is expensive but I am so dependent upon it, the cost
>has little meaning to me. On the other hand, I will never pay another cent
>for a research report by a broker, nor would I pay for real time streaming
>stock quotations. I subscribe to IBD, and enjoy the market updates and
>articles, but I could get along without it.
>
>I am not sure I could express "tool cost," as a percentage of my investment
>capital.  That doesn't seem to be the point. If you find a tool that is
>dependable, and reduces research time, then the cost is meaningless as long
>as it permits you to be profitable over time. Obviously there is a point of
>diminishing benefit. If you only make one or two trades a month you may not
>be able to justify very much in the way of research tools.
>
>
>
>
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