Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Identifying NEW leaders
Date: Wed, 7 Aug 2002 23:07:38 -0400
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Nancy, the reason I don't support or participate in putting together a =
"group list" (whether for hunting or watching) (and aside from my weekly =
list in my WWW column) is that my personal shopping list is tailored to =
my own tastes, criteria, biases, preferences, etc. So many would dislike =
it, and most would find stocks on it outside their personal preferences, =
biases, etc since I only do small and micro cap stocks that are usually =
also low priced (all under $20) and frequently illiquid.
On the other hand, when I do my weekend review and list, I set aside my =
personal biases and preferences because I am trying to get the flavor =
and taste of CANSLIM. Thus, you will see banks there, but never on my =
personal list, as just one example. The point of that list is to look at =
charts that meet requirements of high RS and EPS, and see if there is a =
basing pattern present.
For the same reason, I have no interest in anyone else's list. Their =
preferences, criteria, minimum requirements, etc are not mine. I am glad =
to look at, and occasionally comment on, a particular stock mentioned =
(especially when the poster explains why it is liked for CANSLIM =
reasons), but I have neither the time nor interest in going thru a big =
list.
- ----- Original Message -----=20
From: zillagirl=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, August 07, 2002 6:38 PM
Subject: Re: [CANSLIM] Identifying NEW leaders
I agree- all these things are great-I'm seeing it more and more as I =
read and post. My question is, what would be the harm of adding say the =
top two or three stocks from each interested persons list( who would =
choose to participate)-to be dissected by the group. A person like me =
who is relatively new to canslim would probably have my stocks shot down =
right away. But I would learn from that. But some of the smarter =
canslimers on the site, who have a lot more time and knowledge, or =
computer savvy could probably pinpoint the possible great ones from the =
O.K. ones easily, where I would never see it at this point. I went =
to see Bill Oneil in L.A. and he said even he needed a 3 year learning =
curve before he started to get the system and become profitable. I know =
there are not many good stocks right now , but hypothetically -if the =
market turns in 6 months and leaders start to emerge in a year or so- =
this type of brainstorming may give all boats a chance to rise with the =
tide. Otherwise , any of us that haven't had the three year curve may =
very well miss a great buying opportunity. My last point I will make is =
that if we step out of our analytical minds- Ex. what is canslim , what =
is a cup, what is a break out, etc.- What is really happening is that =
if people can learn to make a fair number of successful trades using =
this system or this list then lives are changed for the better. Kids =
can go to college-homes are bought- good medical care is available. I =
know when many people are grouped together there will never be 100% =
agreement but several people have said they would consider it. It =
doesn't take all- just a few with knowledge. I don't see how anyone =
would lose from sharing their knowledge-where would we all be if Bill O. =
felt that way. Even he puts out lists- I will stop with this =
thought-What if Katherine had the next AOL in her sites and you didn't. =
Would anyone here want to miss it because she felt like as long as she =
found it the rest was not her problem. Thanks for letting me put my =
point out there. Nancy
----- Original Message -----=20
From: David Taggart=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, August 07, 2002 1:09 PM
Subject: RE: [CANSLIM] Identifying NEW leaders
I like how the list has been most of the time. If you want to post a =
list that is made up of mostly canslim stocks more power to you if you =
dont thats fine too. If someone has a question regarding a stock as =
long as it is Canslimish then go ahead. And if you have any other =
questions or lessons post away. Its a good group that seems to be =
willing to answer any questions regarding CANSLIM and things related to =
growth stocks and trading in general.
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Winston Little
Sent: Wednesday, August 07, 2002 1:55 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Identifying NEW leaders
Two groups have emerged.
One group is asking for help with tutorial discussion of a =
"potential list", the other group stating that the purpose of this board =
is not to identify specific issues.
The position of both groups have merit.
A middle ground may be for anyone to post a particular stock =
(maximum of two for the entire group each day, first come first served). =
The person posting, MUST give some background on the stock and some =
listing of what makes the person believe it is a potential for the day's =
CANSLIM discussion.
Once posted with the necessary background information, discussion on =
the merits, flaws and cautions could follow.
Benefits would be good review for some people, good tutorial for =
others, good opportunity for some others to hone their skills as =
constructive reviews evolved, opportunity to get different perspectives =
while action is occurring (in contrast with the IBD Monday Morning =
quarterbacking such as the cup with or without handles).
At the end of the day, discussion ends on the one or two issues =
served up.
Agree?
Disagree?
Nonsense?=20
Flawed proposal?
----- Original Message -----=20
From: Ian=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, August 07, 2002 3:38 PM
Subject: Re: [CANSLIM] Identifying NEW leaders
In light of the fact that these are extraordinary times, I'll =
throw one out with a terribly ugly chart, but very solid current and =
forward CANSLIM fundamentals ... (and besides, I love their name - the =
Engineer in me has always wanted to buy stocks like this): CBI-NYSE, =
Chicago Bridge and Iron
I am particularly intrigued by the combination of a strong grwing =
backlog, relatively low historical valuation and a sustained recent =
increase in ADV. However, the chart is awful. Any opinions on this one?
Ian
BTW - I qualify these as 'extraordinary times' because I've had no =
trouble finding strong groups/sectors/stocks at any point in the last =
few years, until this past June. It amazes me that everything can be =
weak simultaneously.
----- Original Message -----=20
From: Vanchee1@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, August 07, 2002 11:38 AM
Subject: Re: [CANSLIM] Identifying NEW leaders
Here is one similar to CHTT, what do you think.
DLI, Rev last qtr of 93 mil, EPS of .53, dept/equity .97, shrs =
out 8.6, float 4.7
CHTT Rev last qtr of 58 mil, EPS of .58, dept/equity 4.03, shrs =
out 9.5, float 8.1
CHTT does have double the margin but much more dept. comments
Chris
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<DIV><FONT face=3DArial>Nancy, the reason I don't support or participate =
in=20
putting together a "group list" (whether for hunting or watching) (and =
aside=20
from my weekly list in my WWW column) is that my personal shopping list =
is=20
tailored to my own tastes, criteria, biases, preferences, etc. So many =
would=20
dislike it, and most would find stocks on it outside their personal =
preferences,=20
biases, etc since I only do small and micro cap stocks that are usually =
also low=20
priced (all under $20) and frequently illiquid.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>On the other hand, when I do my weekend review =
and list, I=20
set aside my personal biases and preferences because I am trying to get =
the=20
flavor and taste of CANSLIM. Thus, you will see banks there, but never =
on my=20
personal list, as just one example. The point of that list is to look at =
charts=20
that meet requirements of high RS and EPS, and see if there is a basing =
pattern=20
present.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>For the same reason, I have no interest in =
anyone else's=20
list. Their preferences, criteria, minimum requirements, etc are not =
mine. I am=20
glad to look at, and occasionally comment on, a particular stock =
mentioned=20
(especially when the poster explains why it is liked for CANSLIM =
reasons), but I=20
have neither the time nor interest in going thru a big =
list.</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=3Dzillagirl@email.msn.com=20
href=3D"mailto:zillagirl@email.msn.com">zillagirl</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Wednesday, August 07, 2002 6:38 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Identifying NEW leaders</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>I agree- all these things are great-I'm =
seeing it=20
more and more as I read and post. My question is, what would be =
the harm=20
of adding say the top two or three stocks from each =
interested=20
persons list( who would choose to participate)-to be dissected by =
the=20
group. A person like me who is relatively new to canslim would =
probably=20
have my stocks shot down right away. But I would =
learn from=20
that. But some of the smarter canslimers on the site, =
who have=20
a lot more time and knowledge, or computer savvy could =
probably=20
pinpoint the possible great ones from the O.K. ones easily, where I =
would=20
never see it at this point. I went to see Bill =
Oneil in=20
L.A. and he said even he needed a 3 year learning curve before he =
started to get=20
the system and become profitable. I know there are not many good =
stocks=20
right now , but hypothetically -if the market turns in 6 months =
and=20
leaders start to emerge in a year or so- this type of brainstorming may =
give all=20
boats a chance to rise with the tide. Otherwise , any of us =
that=20
haven't had the three year curve may very well miss a great buying=20
opportunity. My last point I will make is that if we step out of =
our=20
analytical minds- Ex. what is canslim , what is a cup, what is a =
break=20
out, etc.- What is really happening is that if people can learn to =
make a=20
fair number of successful trades using this system or this list then =
lives are=20
changed for the better. Kids can go to college-homes are bought- =
good=20
medical care is available. I know when many people are grouped =
together=20
there will never be 100% agreement but several people have said =
they would=20
consider it. It doesn't take all- just a few with knowledge. I =
don't=20
see how anyone would lose from sharing their knowledge-where =
would we=20
all be if Bill O. felt that way. Even he puts out lists- I =
will stop=20
with this thought-What if Katherine had the next AOL in her sites and =
you=20
didn't. Would anyone here want to miss it because she felt=20
like as long as she found it the rest was not her problem. =
Thanks for=20
letting me put my point out there. Nancy</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=3Ddctag@mavericktrading.com=20
href=3D"mailto:dctag@mavericktrading.com">David Taggart</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> Wednesday, August 07, =
2002 1:09=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
Identifying NEW=20
leaders</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D389360620-07082002><FONT face=3DArial =
color=3D#0000ff size=3D2>I=20
like how the list has been most of the time. If you want to post =
a list=20
that is made up of mostly canslim stocks more power to you if you dont =
thats=20
fine too. If someone has a question regarding a stock as long as =
it is=20
Canslimish then go ahead. And if you have any other questions or =
lessons=20
post away. Its a good group that seems to be willing to answer =
any=20
questions regarding CANSLIM and things related to growth stocks and =
trading in=20
general.</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>Winston =
Little<BR><B>Sent:</B> Wednesday, August 07, 2002 1:55 =
PM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] =
Identifying NEW=20
leaders<BR><BR></FONT></DIV>
<DIV><FONT size=3D2>Two groups have emerged.</FONT></DIV>
<DIV><FONT size=3D2>One group is asking for help with tutorial =
discussion=20
of a "potential list", the other group stating that the purpose =
of this=20
board is not to identify specific issues.</FONT></DIV>
<DIV><FONT size=3D2>The position of both groups have=20
merit.</FONT></DIV>
<DIV><FONT size=3D2>A middle ground may be for anyone to post a =
particular=20
stock (m</FONT><FONT size=3D2>aximum of two for the entire =
group each=20
day, first come first served). </FONT></DIV>
<DIV><FONT size=3D2>The person posting, MUST give some background on =
the stock=20
and some listing of what makes the person believe it is a potential =
for the=20
day's CANSLIM discussion.</FONT></DIV>
<DIV><FONT size=3D2>Once posted with the necessary background =
information,=20
discussion on the merits, flaws and cautions could =
follow.</FONT></DIV>
<DIV><FONT size=3D2>Benefits would be good review for some people, =
good=20
tutorial for others, good opportunity for some others to =
hone their=20
skills as constructive reviews evolved, opportunity to get different =
perspectives while action is occurring (in contrast with the IBD =
Monday=20
Morning quarterbacking such as the cup with or without=20
handles).</FONT></DIV>
<DIV><FONT size=3D2>At the end of the day, discussion ends on the =
one or two=20
issues served up.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Agree?</FONT></DIV>
<DIV><FONT size=3D2>Disagree?</FONT></DIV>
<DIV><FONT size=3D2>Nonsense?</FONT> </DIV>
<DIV><FONT size=3D2>Flawed proposal?</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2></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=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</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, August 07, =
2002 3:38=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Identifying=20
NEW leaders</DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>In light of the fact that these are =
extraordinary times,=20
I'll throw one out with a terribly ugly chart, but very solid =
current and=20
forward CANSLIM fundamentals ... (and besides, I love their name - =
the=20
Engineer in me has always wanted to buy stocks like this): =
CBI-NYSE,=20
Chicago Bridge and Iron</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>I am particularly intrigued by the combination =
of a=20
strong grwing backlog, relatively low historical valuation and a =
sustained=20
recent increase in ADV. However, the chart is awful. Any opinions =
on this=20
one?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>BTW - I qualify these as 'extraordinary times' =
because=20
I've had no trouble finding strong groups/sectors/stocks at any =
point in=20
the last few years, until this past June. It amazes me that =
everything can=20
be weak simultaneously.</FONT></DIV>
<DIV> </DIV>
<DIV> </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=3DVanchee1@aol.com=20
href=3D"mailto:Vanchee1@aol.com">Vanchee1@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, August =
07, 2002=20
11:38 AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Identifying=20
NEW leaders</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0=20
face=3D"Century Gothic" size=3D2 FAMILY=3D"SANSSERIF">Here is =
one similar to=20
CHTT, what do you think.<BR><BR>DLI, Rev last qtr of 93 =
mil, EPS=20
of .53, dept/equity .97, shrs out 8.6, float 4.7<BR><BR>CHTT Rev =
last=20
qtr of 58 mil, EPS of .58, dept/equity 4.03, shrs out 9.5, float =
8.1<BR><BR>CHTT does have double the margin but much more dept.=20
=
comments<BR><BR>Chris<BR></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQU=
OTE></FONT></FONT></BODY></HTML>
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Next Article (by Subject): Re: [CANSLIM] Identifying NEW leaders "Tom Worley"
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