Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: [CANSLIM] Re: DOCC (was SYY (was: OSTE))
Date: Mon, 5 Aug 2002 10:25:40 -0500
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Each person interprets and weights each of the letters of C-A-N-S-L-I-M =
according to their own preferences. There are always good stocks in bad =
markets. You just have to decide whether you are willing to risk going =
long in a market that is predominantly down. Nobody's saying that's not =
okay, just riskier. If you were investing in the CANSLIM style during =
the 90's and making outsized gains as many were, then patience during a =
bad market while preserving capital is blissfully powerful and =
extraordinarily profitable.
Katherine
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 9:57 AM
Subject: Re: [CANSLIM] Re: SYY (was: OSTE)
With all this talk about the market being so terrible, and there being =
no C&H charts, how does anyone explain the movement of DOCC in this =
horrible market. If DOCC did not just come out of a C&H (because, as =
I've been told, the rim to rim time lapse of the cup-shape traced by the =
charrt is too little to fit the definition of a cup), what happened? =
- --Donald
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 9:53 AM
Subject: [CANSLIM] Re: SYY (was: OSTE)
Some comments on the SYY chart at:
http://WallStreet-LLC.com/canslim/SYY080502.jpg=20
Katherine
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 8:26 AM
Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim candiadate)
What do you mean when you say that "neither present you with any =
indication of an entry point" --I have suggested SYY and CSTR as =
"potential" canslim candiadates and didn't know that such candiadates =
had to present indications of entry points.=20
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 7:26 AM
Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim =
candiadate)
Donald, I don't think there are any candidates right now for =
most investors, except for watching and learning. SYY is likely enjoying =
the benefit of that money that must remain in the markets (mutual funds =
for instance) continuing to move into more defensive stocks (even in a =
recession, people must eat). I have noted CSTR before, don't know why it =
is doing so well overall. But even without regard to "M" clearly saying =
stay in cash, neither present me with any indication of an entry point.
I encourage everyone that truly wants to be good at CANSLIM to =
use this time to reread and study HTMMIS and the 24 Lessons. Be careful =
following the lead of IBD, they have to sell a newspaper every day, so =
they have to say something. But their guidance, and "insight" often =
seems to stray far afield from true CANSLIM.
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 7:10 AM
Subject: Re: OSTE (was Re: [CANSLIM] Potential canslim =
candiadate)
Tom ---Thank you very much for the feedback. It's pretty =
evident to me that I have a lot of boning up to do .--- By the way do =
you think SYY and CSTR are better potential candiadates? ...Donald
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Sunday, August 04, 2002 1:38 PM
Subject: OSTE (was Re: [CANSLIM] Potential canslim candiadate)
Donald, there are some good things that can be said about the =
chart of OSTE (BTW, makes for better posting if you make the subj line =
more specific), but "formed a well defined Cup, between the weeks of =
5/28/02 and 7/23/02" would not be one I would say. Specifically, period =
is almost two short (8 weeks) for any kind of decent basing pattern, and =
certainly for this "M". Next is the price, which even now after a 41% =
gain in a single trading week is still only $8.90, well below the $12 =
recommended by HTMMIS and WON as a minimum to attract institutional =
interest. Third is the sheer steepness (granted on volume) of what you =
obviously see as the right side of the cup. Thru Friday, there is no =
evidence of a handle forming, and without a handle, you don't know where =
to grab the cup. And if this should prove over the next few weeks to be =
where the handle forms, then it will be forming dangerously high in this =
shaky "M".
I am sure I or other CANSLIMers could find other points at =
fault with this chart, but these are already enough for me to look for =
better opportunities.
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Sunday, August 04, 2002 10:26 AM
Subject: [CANSLIM] Potential canslim candiadate
Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a =
very good, potential, canslim candiadate. Its IBD ratings are: =
currently 80, 97, B, C and A+ and its Chart has formed a well defined =
Cup, between the weeks of 5/28/02 and 7/23/02. Interestingly, this past =
Friday, on seven times its normal trading volume it barely moved up. So =
there were almost as many sellers as buyers, which I understand is a =
strong of a future downturn in the stock. Thus I expect the Cup to grow =
a handle this coming week. However, since I am a novice canslimmer I =
would appreciate having some feed back from the group concerning OSTE. =
- --- Donald .
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<BODY bgColor=3D#ffffff>
<DIV>Each person interprets and weights each of the letters of =
C-A-N-S-L-I-M=20
according to their own preferences. There are always good stocks in bad =
markets.=20
You just have to decide whether you are willing to risk going long in a =
market=20
that is predominantly down. Nobody's saying that's not okay, just =
riskier. If=20
you were investing in the CANSLIM style during the 90's and making =
outsized=20
gains as many were, then patience during a bad market while preserving =
capital=20
is blissfully powerful and extraordinarily profitable.</DIV>
<DIV> </DIV>
<DIV>Katherine</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=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</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> Monday, August 05, 2002 =
9:57=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Re: SYY =
(was:=20
OSTE)</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>With all this talk about the market =
being so=20
terrible, and there being no C&H charts, how does anyone =
explain the=20
movement of DOCC in this horrible market. If DOCC did not just =
come out=20
of a C&H (because, as I've been told, the rim to rim time =
lapse of=20
the cup-shape traced by the charrt is too little to fit the definition =
of a=20
cup), what happened? --Donald</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> Monday, August 05, 2002 =
9:53=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Re: SYY =
(was:=20
OSTE)</DIV>
<DIV><BR></DIV>
<DIV>Some comments on the SYY chart at:</DIV>
<DIV> </DIV>
<DIV><A=20
=
href=3D"http://WallStreet-LLC.com/canslim/SYY080502.jpg">http://WallStree=
t-LLC.com/canslim/SYY080502.jpg</A>=20
</DIV>
<DIV> </DIV>
<DIV>Katherine</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=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</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> Monday, August 05, =
2002 8:26=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: OSTE (was Re: =
[CANSLIM]=20
Potential canslim candiadate)</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>What do you mean when you say =
that "neither=20
present you with any indication of an entry point" --I have =
suggested SYY=20
and CSTR as "potential" canslim candiadates and didn't know that =
such=20
candiadates had to present indications of entry =
points. </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=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</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> Monday, August 05, =
2002 7:26=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: OSTE (was =
Re:=20
[CANSLIM] Potential canslim candiadate)</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>Donald, I don't think there are any =
candidates=20
right now for most investors, except for watching and learning. =
SYY is=20
likely enjoying the benefit of that money that must remain in =
the=20
markets (mutual funds for instance) continuing to move into more =
defensive stocks (even in a recession, people must eat). I have =
noted=20
CSTR before, don't know why it is doing so well overall. But =
even=20
without regard to "M" clearly saying stay in cash, neither =
present me=20
with any indication of an entry point.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>I encourage everyone that truly wants to =
be good=20
at CANSLIM to use this time to reread and study HTMMIS and the =
24=20
Lessons. Be careful following the lead of IBD, they have to sell =
a=20
newspaper every day, so they have to say something. But their =
guidance,=20
and "insight" often seems to stray far afield from true=20
CANSLIM.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: =
black"><B>From:</B> <A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</DIV>
<DIV><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><B>Sent:</B> Monday, August 05, 2002 7:10 AM</DIV>
<DIV><B>Subject:</B> Re: OSTE (was Re: [CANSLIM] Potential =
canslim=20
candiadate)</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Tom ---Thank you very much for =
the=20
feedback. It's pretty evident to me that I have a lot of =
boning up=20
to do .--- By the way do you think SYY and CSTR are better =
potential=20
candiadates? ...Donald</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=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</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> Sunday, August =
04, 2002=20
1:38 PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> OSTE (was Re: =
[CANSLIM]=20
Potential canslim candiadate)</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>Donald, there are some good things =
that can be=20
said about the chart of OSTE (BTW, makes for better posting if =
you=20
make the subj line more specific), but "<FONT size=3D2>formed =
a=20
well defined Cup, between the weeks of 5/28/02 and=20
7/23/02"</FONT></FONT><FONT face=3DArial> would not be =
one I would=20
say. Specifically, period is almost two short (8 weeks) for =
any kind=20
of decent basing pattern, and certainly for this "M". Next is =
the=20
price, which even now after a 41% gain in a single trading =
week is=20
still only $8.90, well below the $12 recommended by HTMMIS and =
WON as=20
a minimum to attract institutional interest. Third is the =
sheer=20
steepness (granted on volume) of what you obviously see as the =
right=20
side of the cup. Thru Friday, there is no evidence of a handle =
forming, and without a handle, you don't know where to grab =
the cup.=20
And if this should prove over the next few weeks to be where =
the=20
handle forms, then it will be forming dangerously high in this =
shaky=20
"M".</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>I am sure I or other CANSLIMers could =
find other=20
points at fault with this chart, but these are already enough =
for me=20
to look for better opportunities.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: =
black"><B>From:</B> <A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</DIV>
<DIV><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><B>Sent:</B> Sunday, August 04, 2002 10:26 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] Potential canslim=20
candiadate</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Lois--- I reviewed Osteotech =
Inc.(OSTE)=20
and believeit to be a very good, potential, canslim =
candiadate. =20
Its IBD ratings are: currently 80, 97, B, C and A+ and =
its=20
Chart has formed a well defined Cup, =
between the=20
weeks of 5/28/02 and 7/23/02. Interestingly, this past =
Friday,=20
on seven times its normal trading volume it barely moved =
up. So=20
there were almost as many sellers as buyers, which I =
understand is a=20
strong of a future downturn in the stock. Thus I =
expect the=20
Cup to grow a handle this coming week. However, since I =
am a=20
novice canslimmer I would appreciate having some feed back =
from the=20
group concerning OSTE. ---=20
=
Donald .</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQU=
OTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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