Go to Jeff Salisbury LWGate Home Page.From: "David Taggart" <dctag@mavericktrading.com>
Subject: RE: [CANSLIM] DGO/IBD
Date: Wed, 3 Jul 2002 09:42:59 -0600
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John I know of a few tools that you can screen for % change in volume. For
software there is Tradeseeker and First Alert and Tradingmarkets has a stock
scanner that does end of day only that also screens for that. There are
other software packages like Tradestation and Metastock that can do it but
while I have Tradestation as of yet I havent used it to screen for volume %
change.
Hope this helps,
David Taggart
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of John Calkins
Sent: Wednesday, July 03, 2002 9:31 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DGO/IBD
Hello Katherine,
Your assessment of DGO and IBD are very interesting. I have been mining
IBD for several years and am in total agreement with you on the time
involved to keep a ready list available. But now with the Investors.com, a
couple of saves per day of their spoon fed screens does at least give an
education into how to do this. I guess I would have to at least have bull
market before I could consider a subscription to DGO.
So I have 2 questions for you. First, do you find yourself in need of IBD
when you subscribe to DGO once you have studied the market in IBD for
several years. And second, the most important piece of information in IBD
is Where The Big Money Is Flowing on each exchange......is there a place,
site or screen to get high volume candidates to study. IBD takes the work
out of this one but like you say, am I being spoon fed just a tiny group of
possibilities?
Thanks for your advice, I and I'm sure others value your opinion highly.
John Calkins
----- Original Message -----
From: Katherine Malm
To: canslim@lists.xmission.com
Sent: Wednesday, July 03, 2002 7:37 AM
Subject: Re: [CANSLIM] DGO/IBD
Hi Duke,
The basic DGO is about $600/year.... only the additional tools bring it
up to about $1000.
Truth is, until recently, the features/charts etc. were not available at
the IBD site and DGO was a godsend. It's beyond me how DGO can justify the
price tag (DGO....hope you're reading THIS message) given that so many of
the features are now available at no charge on the IBD site.
However, an Excel report with 2500 stocks is not really the issue. It
just matters if you mine a particular way. For example, I find it terribly
disjointed and time consuming to take reports from the IBD itself or the
Investors.com site, meld them together into some cohesive strategy, gather
the appropriate info one by one from the charts, track the info and manage
the updates day to day and expect to have a reliable strategy for monitoring
stock movement, market health and selecting good stocks for purchase. It can
be done, and even though you can automate some of the info gathering via
Excel/Access, it doesn't necessarily give you a reliable, time-effective
process. The bottom line for me? Time is money. I've had similar discussions
with many folks over the years and it always boils down to this. If you see
time as money and you prefer to have a methodical strategy for mining for
buyable CANSLIM candidates that does not rely on what the IBD or
Investors.com editors may choose to highlight, then you'll choose DGO. If
those things don't matter, the IBD and the Investor.com site are more than
sufficient.
Katherine
----- Original Message -----
From: Duke13139@aol.com
To: canslim@lists.xmission.com
Sent: Wednesday, July 03, 2002 9:18 AM
Subject: Re: [CANSLIM] DGO/IBD
Investors.com provides daily/weekly charts, info on stocks within the
same industry, proprietary info (RS on their charts), etc. I need something
provided by DGO that is worth the $1000 premium. I don't want to wrestle
with 2500 stocks. I can generate my own reports using a combo of
EXCEL/ACCESS.
My question clarified: What can DGO provide that I can't get from IBD?
Thanks for your help.
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<DIV><SPAN class=3D774223915-03072002><FONT face=3DArial color=3D#0000ff =
size=3D2>John I=20
know of a few tools that you can screen for % change in volume. =
For=20
software there is Tradeseeker and First Alert and Tradingmarkets has a =
stock=20
scanner that does end of day only that also screens for that. =
There are=20
other software packages like Tradestation and Metastock that can do it =
but while=20
I have Tradestation as of yet I havent used it to screen for volume %=20
change. </FONT></SPAN></DIV>
<DIV><SPAN class=3D774223915-03072002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D774223915-03072002><FONT face=3DArial color=3D#0000ff =
size=3D2>Hope=20
this helps,</FONT></SPAN></DIV>
<DIV><SPAN class=3D774223915-03072002><FONT face=3DArial color=3D#0000ff =
size=3D2>David=20
Taggart</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>John=20
Calkins<BR><B>Sent:</B> Wednesday, July 03, 2002 9:31 AM<BR><B>To:</B> =
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM]=20
DGO/IBD<BR><BR></FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Hello Katherine,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Your assessment of DGO and IBD are =
very=20
interesting. I have been mining IBD for several years and am in =
total=20
agreement with you on the time involved to keep a ready list =
available. =20
But now with the Investors.com, a couple of saves per day of their =
spoon fed=20
screens does at least give an education into how to do this. I =
guess I=20
would have to at least have bull market before I could consider a =
subscription=20
to DGO. </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>So I have 2 questions for you. =
First, do=20
you find yourself in need of IBD when you subscribe to DGO once you =
have=20
studied the market in IBD for several years. And second, the =
most=20
important piece of information in IBD is Where The Big Money Is =
Flowing on=20
each exchange......is there a place, site or screen to get high volume =
candidates to study. IBD takes the work out of this one but like =
you=20
say, am I being spoon fed just a tiny group of =
possibilities?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Thanks for your advice, I and I'm =
sure others=20
value your opinion highly.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>John Calkins</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
Malm</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>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 03, =
2002 7:37=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
DGO/IBD</DIV>
<DIV><BR></DIV>
<DIV>Hi Duke,</DIV>
<DIV> </DIV>
<DIV>The basic DGO is about $600/year.... only the additional tools =
bring it=20
up to about $1000. </DIV>
<DIV> </DIV>
<DIV>Truth is, until recently, the features/charts etc. were not =
available=20
at the IBD site and DGO was a godsend. It's beyond me how DGO can =
justify=20
the price tag (DGO....hope you're reading THIS message) given that =
so many=20
of the features are now available at no charge on the IBD =
site.</DIV>
<DIV> </DIV>
<DIV>However, an Excel report with 2500 stocks is not really the =
issue. It=20
just matters if you mine a particular way. For example, I find it =
terribly=20
disjointed and time consuming to take reports from the IBD =
itself or=20
the Investors.com site, meld them together into some cohesive =
strategy,=20
gather the appropriate info one by one from the charts, track the =
info and=20
manage the updates day to day and expect to have a reliable strategy =
for=20
monitoring stock movement, market health and selecting good stocks =
for=20
purchase. It can be done, and even though you can automate some of =
the info=20
gathering via Excel/Access, it doesn't necessarily give you a =
reliable,=20
time-effective process. The bottom line for me? Time is money. I've =
had=20
similar discussions with many folks over the years and it always =
boils down=20
to this. If you see time as money and you prefer to have a =
methodical=20
strategy for mining for buyable CANSLIM candidates that does =
not rely=20
on what the IBD or Investors.com editors may choose to highlight, =
then=20
you'll choose DGO. If those things don't matter, the IBD and the=20
Investor.com site are more than sufficient.</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=3DDuke13139@aol.com=20
href=3D"mailto:Duke13139@aol.com">Duke13139@aol.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 03, =
2002 9:18=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
DGO/IBD</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 =
face=3DArial size=3D2=20
FAMILY=3D"SANSSERIF">Investors.com provides daily/weekly charts, =
info on=20
stocks within the same industry, proprietary info (RS on their =
charts),=20
etc. I need something provided by DGO that is worth the $1000 =
premium. I=20
don't want to wrestle with 2500 stocks. I can generate my own =
reports=20
using a combo of EXCEL/ACCESS.<BR><BR>My question clarified: What =
can DGO=20
provide that I can't get from IBD? <BR><BR>Thanks for your=20
=
help.<BR></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></FONT></FONT></BODY></HT=
ML>
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