Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: Investor3000 Software (was: [CANSLIM] LNOP)
Date: Fri, 2 Aug 2002 08:28:12 -0500
Previous Article (by Date): Re: [CANSLIM] LNOP Lois
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_0014_01C239FE.8A153FC0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Hi Lois,
This seems contradictory. If you are trading short term, then only =
technicals matter. Fundamentals have little influence on moves of a few =
days (except as short term reactions to news, earnings or otherwise) and =
so selecting based on "psuedo" or partial CANSLIM characteristics seems =
out of place.
CANSLIM is an intermediate term trading/investing style, thus the more =
comprehensive set of criteria that encompass both technical and =
fundamental criteria. The bottom line is that the Investor3000 "picks" =
may be fine for short term trading, but they make a poor mining list for =
CANSLIM candidates.=20
Please don't misread me, I don't see any issue with trading in the short =
term as a supplement to a CANSLIM trading style, as a wise investor will =
have more than one trick up their sleeves. The main problem is that =
short term/pure technical trading is not CANSLIM and is better left to =
discussion on a short term trading board where the technical patterns, =
entry/exit are set based on the appropriate timeframe and that =
particular trading style. If we were to veer off into these discussions, =
we would fill our inboxes with everything non-CANSLIM. I'd rather get =
nothing from the CANSLIM list if there is nothing that fits current =
market conditions than to get an inbox full of short term trading =
tactics that don't add anything to my CANSLIM knowledgebase.
Katherine
----- Original Message -----=20
From: Lois=20
To: canslim@lists.xmission.com=20
Sent: Friday, August 02, 2002 8:01 AM
Subject: Re: [CANSLIM] LNOP
Gene,
The software is very light and runs in the
background while you do other things. It is
intended for short-term trading with it's small list
of daily stocks."
he Investor3000 monitors every single company that beats earnings
expectations, on a daily basis, and
selects only the best of these
stocks, based on momentum, volume, and earnings growth. =
It
is set to automatically scan for
stocks with positive earnings surprises.=20
It starts with the "C" in CANSLIM. It then digs deeper,
filtering for stocks with volume at least
50k or higher and quarterly earnings growth of at least =
20%
over a three quarter period.=20
http://www.Investor-3000.com/strategy.html
lol....you're missing out on $$$
seriously, I know you are looking for longer term stocks, but why not
make money while waiting for them?
This software isn't 100%, I haven't found any that is. I would like to
find someone who is knowledgeble in TA to use these in combination for
those BIG short term winners.
> Gene Ricci wrote:
>=20
> Lois,
>=20
> I looked at about 30 of 'your' stocks and don't find much CANSLIM
> among them.
> See attached... not sure how the software developer claims to =
identify
> CANSLIM stocks..... what am I missing?
>=20
>=20
>=20
> ----- Original Message -----
> From: Lois
> To: canslim@lists.xmission.com
> Sent: Thursday, August 01, 2002 5:04 PM
> Subject: Re: [CANSLIM] LNOP
>=20
> Gene,
>=20
> Response from Investor 3000:
>=20
> Hi Thanks for writing.
>=20
> The Investor 3000 uses a variety of data sources to scan the
> markets
> then it uses Real Time,
> and delayed quotes from Yahoo to see if the stocks are up
> from
> yesterdays close.
>=20
> There is no monthly charge for data, just the one time fee
> of $149.00
>=20
> There is also no trial version although the software come
> with a 100%
> satisfaction guarantee.
>=20
> Try it as long as you like, we are confident that you will
> like it. It
> you decide its not for
> you, just let us know for a full refund. Does that sound
> fair?
>=20
> Thanks for your interest in the Investor 3000.
>=20
> Sincerely,
> Doug@investing-systems.com
>=20
> I have the parameters set as follows:
>=20
> Timer is set to update every
> 10mins.(5,10,15,20,30,60,120mins. avail.)
> Stop loss & target price: 5% (set these at your own
> discretion. Inv 3000
> suggest 7%)
> Min. price: $1- (I know $10- is sugg., but times/mrkts. are
> tough)
> Min. vol.: 50k (50k,100k,200k,500k & 1M avail)
> Search level: 4day (1,2,3,4 day search level avail.)
>=20
> Need I remind you what the mrkts. did today vs. the Inv.
> 3000 scan?
> =
http://finance.yahoo.com/q?s=3D%5Edji+%5Eixic+%5Endx+%5Egspc+&d=3Dv1
>=20
> =
http://finance.yahoo.com/q?s=3Doste+prgx+im+egn+otex+rgci+aiq+str+mesa+hg=
r+afg+acai+syy+pmsi+vsh+aw+pdx+cvs+tsai+epn+wfhc+arw+rah+elmg+sah+bsg+pcl=
e+cbr+roh+skyw+endp+hysl+wdc+wlm+mntr+ftek+rads+mrd+iaai+pwn+soi+drte+cpc=
&d=3Dv1
>=20
> Symbol Company Name Last Sale Stop Loss Target Price
> OSTE Osteotech, Inc. $8.70 $8.26 $9.13
> PRGX PRG-Schultz International Inc. $11.91 $11.31 $12.51
> IM INGRAM MICRO INC $12.14 $11.53 $12.75
> EGN ENERGEN CORP $24.72 $23.48 $25.96
> OTEX Open Text Corporation $20.75 $19.71 $21.79
> RGCI Regent Communications, Inc. $6.00 $5.70 $6.30
> AIQ ALLIANCE IMAGING INC $12.78 $12.14 $13.42
> STR QUESTAR CORP $23.05 $21.90 $24.20
> MESA Mesa Air Group, Inc. $7.35 $6.98 $7.72
> HGR HANGER ORTHOPEDIC GRP INC $11.92 $11.32 $12.52
> AFG AMERICAN FNCL GROUP INC $22.39 $21.27 $23.51
> ACAI Atlantic Coast Airlines Holdings, Inc. $16.10 $15.30
> $16.91
> SYY SYSCO CORP $27.21 $25.85 $28.57
> PMSI Prime Medical Services, Inc. $9.83 $9.34 $10.32
> VSH VISHAY INTERTECH INC $17.43 $16.56 $18.30
> AW ALLIED WASTE INDUSTRIES I $7.34 $6.97 $7.71
> PDX PEDIATRIX MEDICAL GRP INC $30.15 $28.64 $31.66
> CVS CVS Corporation $28.62 $27.19 $30.05
> TSAI Transaction Systems Architects , Inc. $9.64 $9.16
> $10.12
> EPN EL PASO ENERGY $33.09 $31.44 $34.74
> WFHC Women First HealthCare, Inc. $5.26 $5.00 $5.52
> ARW ARROW ELECTRONICS INC $17.09 $16.24 $17.94
> RAH RALCORP HOLDINGS INC $25.30 $24.03 $26.56
> ELMG EMS Technologies, Inc. $19.57 $18.59 $20.55
> SAH SONIC AUTOMOTIVE INC $20.02 $19.02 $21.02
> BSG B I S Y S GROUP INC $23.69 $22.51 $24.87
> PCLE Pinnacle Systems, Inc. $9.51 $9.03 $9.99
> CBR CIBER INC $5.76 $5.47 $6.05
> ROH Rohm and Haas Co $37.51 $35.63 $39.39
> SKYW SkyWest, Inc. $19.56 $18.58 $20.54
> ENDP Endo Pharmaceuticals Holdings Inc. $8.58 $8.15 $9.01
> HYSL Hyperion Solutions Corporation $21.79 $20.70 $22.88
> WDC WESTERN DIGITAL CORP $4.49 $4.27 $4.71
> WLM WELLMAN INC $14.60 $13.87 $15.33
> MNTR Mentor Corporation $32.60 $30.97 $34.23
> FTEK Fuel-Tech, N.V. $5.70 $5.41 $5.98
> RADS Radiant Systems, Inc. $7.91 $7.51 $8.31
> MRD MACDERMID INC $20.18 $19.17 $21.19
> IAAI Insurance Auto Auctions, Inc. $19.00 $18.05 $19.95
> PWN CASH AMERICA INTL INC $8.19 $7.78 $8.60
> SOI SOLUTIA INC $6.48 $6.16 $6.80
> DRTE Dendrite International, Inc. $5.69 $5.41 $5.97
> CPC CENTRAL PARKING CORP $21.14 $20.08 $22.20
>=20
> Now, if I could find someone that can follow industry
> strength, time ins
> and outs and apply this scan....BINGO!!!
>=20
> p.s...I don't like SPAM either....lol
>=20
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
>=20
> Name: Lois.xls
> Lois.xls Type: Microsoft Excel Worksheet
> (application/vnd.ms-excel)
> Encoding: base64
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.
- ------=_NextPart_000_0014_01C239FE.8A153FC0
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Hi Lois,</DIV>
<DIV> </DIV>
<DIV>This seems contradictory. If you are trading short term, then only=20
technicals matter. Fundamentals have little influence on moves of a few =
days=20
(except as short term reactions to news, earnings or otherwise) and so =
selecting=20
based on "psuedo" or partial CANSLIM characteristics seems out of =
place.</DIV>
<DIV> </DIV>
<DIV>CANSLIM is an intermediate term trading/investing style, thus the =
more=20
comprehensive set of criteria that encompass both technical and =
fundamental=20
criteria. The bottom line is that the Investor3000 "picks" may be fine =
for short=20
term trading, but they make a poor mining list for CANSLIM candidates. =
</DIV>
<DIV> </DIV>
<DIV>Please don't misread me, I don't see any issue with trading in the =
short=20
term as a supplement to a CANSLIM trading style, as a wise investor will =
have=20
more than one trick up their sleeves. The main problem is that short =
term/pure=20
technical trading is not CANSLIM and is better left to discussion on a =
short=20
term trading board where the technical patterns, entry/exit are set =
based on the=20
appropriate timeframe and that particular trading style. If we were to =
veer off=20
into these discussions, we would fill our inboxes with everything =
non-CANSLIM.=20
I'd rather get nothing from the CANSLIM list if there is nothing that =
fits=20
current market conditions than to get an inbox full of short term =
trading=20
tactics that don't add anything to my CANSLIM knowledgebase.</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=3Dldibbs@comcast.net =
href=3D"mailto:ldibbs@comcast.net">Lois</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> Friday, August 02, 2002 =
8:01=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
LNOP</DIV>
<DIV><BR></DIV>Gene,<BR><BR> The software is very =
light and=20
runs in=20
=
the<BR> =
=20
background while you do other things. It=20
=
is<BR> &=
nbsp; =20
intended for short-term trading with it's small=20
=
list<BR>  =
; =20
of daily stocks."<BR>he Investor3000 monitors every single company =
that beats=20
=
earnings<BR> &=
nbsp; &n=
bsp; =20
expectations, on a daily basis, and<BR>selects only the best of=20
=
these<BR> &nbs=
p; =20
stocks, based on momentum, volume, and earnings growth. It<BR>is set =
to=20
automatically scan=20
=
for<BR> =
=20
stocks with positive earnings surprises.=20
=
<BR><BR>  =
; =20
It starts with the "C" in CANSLIM. It then digs deeper,<BR>filtering =
for=20
stocks with volume at=20
=
least<BR> &nbs=
p; =20
50k or higher and quarterly earnings growth of at least 20%<BR>over a =
three=20
quarter period. <BR><A=20
=
href=3D"http://www.Investor-3000.com/strategy.html">http://www.Investor-3=
000.com/strategy.html</A><BR>lol....you're=20
missing out on $$$<BR>seriously, I know you are looking for longer =
term=20
stocks, but why not<BR>make money while waiting for them?<BR>This =
software=20
isn't 100%, I haven't found any that is. I would like to<BR>find =
someone who=20
is knowledgeble in TA to use these in combination for<BR>those BIG =
short term=20
winners.<BR><BR>> Gene Ricci wrote:<BR>> <BR>> Lois,<BR>> =
<BR>>=20
I looked at about 30 of 'your' stocks and don't find much =
CANSLIM<BR>>=20
among them.<BR>> See attached... not sure how the software =
developer claims=20
to identify<BR>> CANSLIM stocks..... what am I missing?<BR>> =
<BR>>=20
<BR>> <BR>> ----- Original Message =
-----<BR>> From:=20
Lois<BR>> To: <A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>> =20
Sent: Thursday, August 01, 2002 5:04 =
PM<BR>> =20
Subject: Re: [CANSLIM] LNOP<BR>> =
<BR>> =20
Gene,<BR>> =
<BR>> =20
Response from Investor 3000:<BR>> =
<BR>> Hi=20
Thanks for writing.<BR>> <BR>> The =
Investor 3000 uses a variety of data sources to scan=20
the<BR>> =20
markets<BR>> then it uses Real=20
Time,<BR>> and delayed quotes from =
Yahoo to=20
see if the stocks are up<BR>> =20
from<BR>> yesterdays close.<BR>>=20
<BR>> There is no monthly charge for =
data,=20
just the one time fee<BR>> of =
$149.00<BR>>=20
<BR>> There is also no trial version =
although=20
the software come<BR>> with a=20
100%<BR>> satisfaction =
guarantee.<BR>>=20
<BR>> Try it as long as you like, we =
are=20
confident that you will<BR>> like it. =
It<BR>> you decide its not=20
for<BR>> you, just let us know for a =
full=20
refund. Does that sound<BR>> =
fair?<BR>>=20
<BR>> Thanks for your interest in the =
Investor 3000.<BR>> <BR>> =20
Sincerely,<BR>> <A=20
=
href=3D"mailto:Doug@investing-systems.com">Doug@investing-systems.com</A>=
<BR>>=20
<BR>> I have the parameters set as=20
follows:<BR>> <BR>> Timer is set =
to update=20
every<BR>> =
10mins.(5,10,15,20,30,60,120mins.=20
avail.)<BR>> Stop loss & target =
price: 5%=20
(set these at your own<BR>> =
discretion. Inv=20
3000<BR>> suggest=20
7%)<BR>> Min. price: $1- (I know $10- =
is=20
sugg., but times/mrkts. are<BR>> =20
tough)<BR>> Min. vol.: 50k=20
(50k,100k,200k,500k & 1M =
avail)<BR>> =20
Search level: 4day (1,2,3,4 day search level avail.)<BR>>=20
<BR>> Need I remind you what the =
mrkts. did=20
today vs. the Inv.<BR>> 3000=20
scan?<BR>> <A=20
=
href=3D"http://finance.yahoo.com/q?s=3D%5Edji+%5Eixic+%5Endx+%5Egspc+&=
;d=3Dv1">http://finance.yahoo.com/q?s=3D%5Edji+%5Eixic+%5Endx+%5Egspc+&am=
p;d=3Dv1</A><BR>>=20
<BR>> <A=20
=
href=3D"http://finance.yahoo.com/q?s=3Doste+prgx+im+egn+otex+rgci+aiq+str=
+mesa+hgr+afg+acai+syy+pmsi+vsh+aw+pdx+cvs+tsai+epn+wfhc+arw+rah+elmg+sah=
+bsg+pcle+cbr+roh+skyw+endp+hysl+wdc+wlm+mntr+ftek+rads+mrd+iaai+pwn+soi+=
drte+cpc&d=3Dv1">http://finance.yahoo.com/q?s=3Doste+prgx+im+egn+otex=
+rgci+aiq+str+mesa+hgr+afg+acai+syy+pmsi+vsh+aw+pdx+cvs+tsai+epn+wfhc+arw=
+rah+elmg+sah+bsg+pcle+cbr+roh+skyw+endp+hysl+wdc+wlm+mntr+ftek+rads+mrd+=
iaai+pwn+soi+drte+cpc&d=3Dv1</A><BR>>=20
<BR>> Symbol Company Name =
Last=20
Sale Stop Loss Target =
Price<BR>> =20
OSTE Osteotech, Inc. $8.70 $8.26=20
$9.13<BR>> PRGX =
PRG-Schultz=20
International Inc. $11.91 $11.31=20
$12.51<BR>> IM INGRAM =
MICRO INC=20
$12.14 $11.53 $12.75<BR>> =
EGN=20
ENERGEN CORP $24.72 $23.48=20
$25.96<BR>> OTEX Open =
Text=20
Corporation $20.75 $19.71=20
$21.79<BR>> RGCI Regent=20
Communications, Inc. $6.00 $5.70=20
$6.30<BR>> AIQ ALLIANCE =
IMAGING=20
INC $12.78 $12.14 =
$13.42<BR>> STR=20
QUESTAR CORP $23.05 $21.90=20
$24.20<BR>> MESA Mesa Air =
Group,=20
Inc. $7.35 $6.98 =
$7.72<BR>> HGR=20
HANGER ORTHOPEDIC GRP INC $11.92 $11.32=20
$12.52<BR>> AFG AMERICAN =
FNCL=20
GROUP INC $22.39 $21.27=20
$23.51<BR>> ACAI Atlantic =
Coast=20
Airlines Holdings, Inc. $16.10 =
$15.30<BR>> =20
$16.91<BR>> SYY SYSCO =
CORP $27.21=20
$25.85 $28.57<BR>> PMSI =
Prime=20
Medical Services, Inc. $9.83 $9.34=20
$10.32<BR>> VSH VISHAY =
INTERTECH=20
INC $17.43 $16.56 =
$18.30<BR>> AW=20
ALLIED WASTE INDUSTRIES I $7.34 $6.97=20
$7.71<BR>> PDX PEDIATRIX =
MEDICAL=20
GRP INC $30.15 $28.64 =
$31.66<BR>> =20
CVS CVS Corporation $28.62 $27.19=20
$30.05<BR>> TSAI =
Transaction=20
Systems Architects , Inc. $9.64 =
$9.16<BR>> =20
$10.12<BR>> EPN EL PASO =
ENERGY=20
$33.09 $31.44 $34.74<BR>> =
WFHC=20
Women First HealthCare, Inc. $5.26 $5.00=20
$5.52<BR>> ARW ARROW =
ELECTRONICS=20
INC $17.09 $16.24 =
$17.94<BR>> RAH=20
RALCORP HOLDINGS INC $25.30 $24.03=20
$26.56<BR>> ELMG EMS=20
Technologies, Inc. $19.57 $18.59=20
$20.55<BR>> SAH SONIC =
AUTOMOTIVE=20
INC $20.02 $19.02 =
$21.02<BR>> BSG=20
B I S Y S GROUP INC $23.69 $22.51=20
$24.87<BR>> PCLE Pinnacle =
Systems, Inc. $9.51 $9.03=20
$9.99<BR>> CBR CIBER INC =
$5.76=20
$5.47 $6.05<BR>> ROH Rohm =
and=20
Haas Co $37.51 $35.63 =
$39.39<BR>> =20
SKYW SkyWest, Inc. $19.56 $18.58=20
$20.54<BR>> ENDP Endo=20
Pharmaceuticals Holdings Inc. $8.58 $8.15=20
$9.01<BR>> HYSL Hyperion=20
Solutions Corporation $21.79 $20.70=20
$22.88<BR>> WDC WESTERN =
DIGITAL=20
CORP $4.49 $4.27 =
$4.71<BR>> WLM=20
WELLMAN INC $14.60 $13.87=20
$15.33<BR>> MNTR Mentor=20
Corporation $32.60 $30.97=20
$34.23<BR>> FTEK =
Fuel-Tech, N.V.=20
$5.70 $5.41 $5.98<BR>> =
RADS=20
Radiant Systems, Inc. $7.91 $7.51=20
$8.31<BR>> MRD MACDERMID =
INC=20
$20.18 $19.17 $21.19<BR>> =
IAAI=20
Insurance Auto Auctions, Inc. $19.00 $18.05=20
$19.95<BR>> PWN CASH =
AMERICA INTL=20
INC $8.19 $7.78 =
$8.60<BR>> SOI=20
SOLUTIA INC $6.48 $6.16=20
$6.80<BR>> DRTE Dendrite=20
International, Inc. $5.69 $5.41=20
$5.97<BR>> CPC CENTRAL =
PARKING=20
CORP $21.14 $20.08 $22.20<BR>> =
<BR>> Now,=20
if I could find someone that can follow=20
industry<BR>> strength, time=20
ins<BR>> and outs and apply this=20
scan....BINGO!!!<BR>> <BR>> =
p.s...I don't=20
like SPAM either....lol<BR>> <BR>> =
-<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"=20
or<BR>> -"unsubscribe canslim". =
Do not=20
use quotes in your email.<BR>>=20
=
<BR>>  =
; =20
Name: Lois.xls<BR>> Lois.xls =
Type:=20
Microsoft Excel=20
=
Worksheet<BR>> &n=
bsp; =20
=
(application/vnd.ms-excel)<BR>> &nb=
sp; =20
Encoding: base64<BR><BR>-<BR>-To 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>
- ------=_NextPart_000_0014_01C239FE.8A153FC0--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): Re: [CANSLIM] LNOP Lois
Articles sorted by: [Date]
[Author]
[Subject]