Go to Jeff Salisbury LWGate Home Page.From: "Winston Little" <wlittle1@peoplepc.com>
Subject: Re: [CANSLIM] Boomer Babies
Date: Thu, 11 Jul 2002 22:42:56 -0400
Previous Article (by Author): Re: [CANSLIM] Doom and Gloom "Tom Worley"
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The evil Duke used to make me cringe! I really hope I never see or hear of him again. - ----- Original Message ----- From: "Mike Gibbons" <mikegibbons@proactech.com> To: <canslim@lists.xmission.com> Sent: Thursday, July 11, 2002 9:04 PM Subject: RE: [CANSLIM] Boomer Babies > > Thank God he's gone. > > I'll drink to that. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Duke Miller > Sent: Thursday, July 11, 2002 10:26 AM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] Boomer Babies > > > Thank you Winston, > > and I'm on your track as far as health care/pharma. Which is part of > the point: I'm not talking about buying in the near term at all. They > continue to bottom further, which I translate to the sweet spot getting > even sweeter. Let 'em keep dropping. I just want to be poised at the > turn on a select few. > > Duke > (Speaking of boomers, you'll never know how much I hated, albeit > briefly, being referred to as "Old Duke"!! Thank God he's gone.) > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston Little > Sent: Thursday, July 11, 2002 8:42 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Boomer Babies > > > Duke: > > I believe that you are on the right track. > > The concern that I have with "health care/pharma" type of companies is > these appear to be under the magnifying glass now, and all the warts and > moles are coming into view. It makes me believe that many of what one > may view as the obvious potential leaders here may end up as a small > division of some unknown company after the mob is through with them. For > example, six months ago, BMY was clearly a leader in drugs. Today all > that I hear is how much they juggled the books and clinical studies and > the price drops day by day. > > The high end housing still looks good, and TOL is the leader in that > group. The builders of houses is still very fragmented, as the largest > builder in the country only controls 2 to 3% of the total market. Much > consolidation action is in place as the larger companies buy out several > of the smaller ones. BBBY will go along with housing cycling. > > > > ----- Original Message ----- > From: "Duke Miller" <dukemill@tampabay.rr.com> > To: <canslim@lists.xmission.com> > Sent: Thursday, July 11, 2002 8:24 AM > Subject: [CANSLIM] Boomer Babies > > > > WON would tell you you're correct about the market telling us > > (hopefully before "the middle of the next bull market") the identity > > of the next leading groups. > > > > As some of you know, because I've leaned this way more than once on > > this list, I'm mining for companies that can turn big profits from the > > > wave of boomers heading for retirement. I call these my Boomer > > Babies. For instance, right now, you're seeing boomers drive the > > high-end housing markets, and don't forget the impact of their > > off-spring in this search, i.e., HOTT, et al. > > > > A recent Smart Money column listed some Boomer Babies; a list of > > "...the best names in each of the major health-care industries: > > pharmacy, devices, biotech, hospitals, drug distributors, and > > health-care conglomerates." They listed AMGN, BAX, CAH, JNJ, NVS, > > PFE, THC. The article did not mention boomers, but my assumption is > > healthcare is very much boomer driven and that will only increase as > > they age. Granted, these are not exactly "N" stocks, but very soon > > they could meet the criteria for CAN SLIM. I quote again from the > > article: "Two years ago, health-care stocks were pricey, but now much > > of the sector is at that sweet spot where fundamentals are turning up > > just as stock prices are bottoming out." (This was written June 24, > > well before the "bottom" we're at now!) > > > > I guess the problem, as it relates to CAN SLIM, is boomer babies more > > likely will be spread across numerous industry groups, and as we say > > in today's Corner, next to markets, the groups rule. Most of the > > time, anyway. > > > > So, that's the mine I'm panning for gold in at this time whilst > > perched atop my stash of cash. If you have any suggestions, I'll be > > gladly be the repository for Boomer Babies and keep a list going. > > (During the coming week I will be sorting through six months of IBD's, > > > scouring New America and other areas for some gems to add to my list.) > > > > Duke > > > > > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Patrick Wahl > > Sent: Wednesday, July 10, 2002 11:48 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] sweet chart > > > > > > I see a few charts holding up (adult education type stuff like COCO) > > and a few retailers, but these don't seem like industries that produce > > > market leaders (I guess a > > few retailers in the past have been leaders, like WMT and HD), so I'm > > still not able > > to figure out which industries might produce the next batch of leading > > stocks. We > > really had a technology explosion in the nineties, a number of tech > > sectors grew like > > crazy, but now bunches of them (DELL, MSFT, INTC, etc) seem like > mature > > companies that are too large to produce rapid growth, and their > > respective > > businesses aren't growing as quickly anymore either. I suppose sooner > > or later > > some new industries will emerge, it will become clear in about the > > middle of the > > next bull market. > > > > > > > > On 10 Jul 2002 at 21:31, Tom Worley wrote: > > > > > On the other hand, this is an excellent time to be honing our chart > > > reading skills, and looking for the ones that are holding up. > > > Chances are that the future leaders, whether they emerge this month, > > > > year, decade (century??) will come from that group. > > > > > > > > - > > -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. > > > > > - > -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. > > - > -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.
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