Re: [CANSLIM] HTMMIS Oath


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] HTMMIS Oath
Date: Thu, 8 Aug 2002 19:54:48 -0500

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MessageThanks for clearing that up Winston.....

I appreciate and agree with your points on analyzing stocks in real =
time, as the best discussions are always centered on these kinds of =
posts.

Katherine

- ----- Original Message -----=20
From: Winston Little=20
To: canslim@lists.xmission.com=20
Sent: Thursday, August 08, 2002 12:41 PM
Subject: Re: [CANSLIM] HTMMIS Oath


Katherine:
You are correct on the path of the discussion.=20
It  has taken several twists, and turns.=20
The purpose of my note was not in reference to your weekly list.

The cases studies presented in the O'Neil books and IBD Investors Corner =
are compiled with the benefit of 100% of hindsight on what the correct =
assessment and decisions should have been.
As I read the notes with "requests for help", my understanding of them =
is that people were asking for discussion of a current case where the =
outcome is still unknown, and the requester could PARTICIPATE in the =
discussion and track the outcome.=20
Discussion and analysis of current cases also may also be more =
meaningful and interesting, as the tone and speed of the market moves =
has changed from those presented in the books and IBD Investors Corner, =
since there is no hindsight available.=20

At times some of the requests loosely used the term "lists of stocks" or =
"list of potential  candidates", which has lead to objections or =
rejections.=20
My recollection of the posts were that some respondents interpreted the =
requests as the requester asking for the analysis work to be done by =
someone else.=20
My belief is that was not the goal of the people asking for the help.

My intent was NOT to in any way imply that you were saying:   "that I =
was implying that I didn't want to "do the work for others".
The purpose of this note and my previous ones were not to advocate the =
keeping of any lists other than the ones that each person chose to =
develop.
Instead it was to try to allow anyone to identify a stock, give some =
technical and fundamental information about it and then and only then =
ASK a specific question on some aspect of the situation as it related to =
CANSLIM, and then to PARTICIPATE in any resulting  discussion.

I hope that this clarifies the status, and again my intent was not to =
offend you in any way, or to imply that you were unwilling to assist =
anyone.


  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, August 08, 2002 12:31 PM
  Subject: Re: [CANSLIM] HTMMIS Oath


  Winston,

  I'm a little confused now....maybe it's because the thread became so =
convoluted. Are you saying that I was implying that I didn't want to "do =
the work for others" when I said that I did not want to post a weekly =
list? If so, that was never my intent. My original comment was simply =
that *any* list is a "crutch" (including those generated by the IBD)  =
because it doesn't allow the user to find a personal path to creating =
their own list of candidates. The problem is not with having a list, the =
problem is with having *too many* lists and no means to sift through =
them in a meaningful way.=20

  For me personally, I knew that my mining methods were working well =
when I was already stalking trades *before* the stocks were highlighted =
in the IBD. The process of arriving at that particular mining method =
gave me an expanded understanding and confidence in the CANSLIM =
discipline. As Robert E stated so eloquently earlier today in his =
oh-so-Zen post.....the trip is the destination.

  Katherine
  ----- Original Message -----=20
  From: Winston Little=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, August 08, 2002 10:57 AM
  Subject: Re: [CANSLIM] HTMMIS Oath


  Duke:

  We believe that Martha Stewart (not McCallum) will be available to =
administer the oath for you.

  My perception from watching the correspondence on the subject is that =
most if not all supplicants have read one or more of  the books and were =
seeking some forum for tracking a case while it was live.

  The O'Neil books and IBD are filled with after the fact case studies =
and Monday morning quarterbacking.These are helpful, and the WebLink =
feature has served to improve the status with cases more current.
  Unfortunately, I believe that several people have read the requests as =
people asking for others to do the work for the requesters rather than =
for  help with more current cases.=20

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<HTML><HEAD><TITLE>Message</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Thanks for clearing that up Winston.....</DIV>
<DIV>&nbsp;</DIV>
<DIV>I appreciate and agree with your points on analyzing stocks in real =
time,=20
as the best discussions are always centered on these kinds of =
posts.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<DIV>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dwlittle1@peoplepc.com =
href=3D"mailto:wlittle1@peoplepc.com">Winston=20
Little</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> Thursday, August 08, 2002 12:41 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] HTMMIS Oath</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>Katherine:</FONT></DIV>
<DIV><FONT size=3D2>You are correct on the path of the discussion. =
</FONT></DIV>
<DIV><FONT size=3D2>It &nbsp;has taken several twists, and=20
turns.&nbsp;</FONT></DIV>
<DIV><FONT size=3D2>The purpose of my note was&nbsp;not in reference to =
your=20
weekly list.</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>The cases studies presented in the O'Neil books and =
IBD=20
Investors Corner are compiled&nbsp;with the benefit of 100% of hindsight =
on what=20
the correct assessment and decisions should have been.</FONT></DIV>
<DIV><FONT size=3D2>As I read the notes with "requests for help", my =
understanding=20
of them is that people were asking for discussion of a current case=20
where&nbsp;the outcome is still unknown, and the requester could =
PARTICIPATE in=20
the discussion&nbsp;and track the outcome. </FONT></DIV>
<DIV><FONT size=3D2>Discussion and analysis of&nbsp;current cases also =
may also be=20
more meaningful and interesting, as the tone and speed of the market=20
moves&nbsp;has changed from those presented in the books and&nbsp;IBD =
Investors=20
Corner, since&nbsp;there is no hindsight available.&nbsp;</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>At times some of the requests loosely used the term =
"lists of=20
stocks" or "list of potential&nbsp; candidates", which has&nbsp;lead to=20
objections or rejections. </FONT></DIV>
<DIV><FONT size=3D2>My recollection of the posts were that some=20
respondents&nbsp;interpreted the requests as&nbsp;the requester asking =
for the=20
analysis work to be done by someone else. </FONT></DIV>
<DIV><FONT size=3D2>My belief is that was not the goal of the people =
asking for=20
the help.</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>My intent was&nbsp;NOT to in any way imply that you =
were=20
saying:&nbsp;&nbsp;&nbsp;"</FONT><FONT size=3D3>that I was implying that =
I didn't=20
want to "do the work for others".</FONT></DIV>
<DIV><FONT size=3D2>The purpose of this note and my previous ones were =
not to=20
advocate the keeping of any lists other than the ones that each person =
chose to=20
develop.</FONT></DIV>
<DIV><FONT size=3D2>Instead it was to try to allow anyone to identify a =
stock,=20
give some technical and fundamental information about it and then and =
only then=20
ASK a specific question on some aspect of the situation as it related to =

CANSLIM, and then to PARTICIPATE in any resulting&nbsp; =
discussion.</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>I hope that this clarifies the status, and again my =
intent was=20
not to offend you in any way, or to imply that you were unwilling to =
assist=20
anyone.</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</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>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, August 08, 2002 =
12:31=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] HTMMIS =
Oath</DIV>
  <DIV><FONT size=3D2></FONT><FONT size=3D2></FONT><FONT =
size=3D2></FONT><FONT=20
  size=3D2></FONT><BR></DIV>
  <DIV>Winston,</DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV>I'm a little confused now....maybe it's because the thread became =
so=20
  convoluted. Are you saying that I was implying that I didn't want to =
"do the=20
  work for others" when I said that I did not want to post a weekly =
list? If so,=20
  that was never my intent. My original comment was simply that *any* =
list is a=20
  "crutch" (including those generated by the IBD) &nbsp;because it =
doesn't allow=20
  the user to find a personal path to creating their own list of =
candidates. The=20
  problem is not with having a list, the problem is with having *too =
many* lists=20
  and no means to sift through them in a meaningful way. </DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV>For me personally, I knew that my mining methods were working =
well when I=20
  was already stalking trades *before* the stocks were highlighted in =
the IBD.=20
  The process of arriving at that particular mining method gave me an =
expanded=20
  understanding and confidence in the CANSLIM discipline. As Robert E =
stated so=20
  eloquently earlier today in his oh-so-Zen post.....the trip is the=20
  destination.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</DIV>
  <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
  <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
  title=3Dwlittle1@peoplepc.com =
href=3D"mailto:wlittle1@peoplepc.com">Winston=20
  Little</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> Thursday, August 08, 2002 10:57 AM</DIV>
  <DIV><B>Subject:</B> Re: [CANSLIM] HTMMIS Oath</DIV></DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=3D2>Duke:</FONT></DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT size=3D2>We believe that Martha Stewart (not McCallum) will =
be=20
  available to administer the oath for you.</FONT></DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT size=3D2>My perception from watching the correspondence on =
the=20
  subject is that most if not all supplicants have read&nbsp;one or more =

  of&nbsp; the books and&nbsp;were&nbsp;seeking some forum for tracking =
a case=20
  while it was live.</FONT></DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT size=3D2>The O'Neil books and IBD&nbsp;are filled with =
after the fact=20
  case studies and Monday morning quarterbacking.These are helpful, and =
the=20
  WebLink feature has served to improve the status with cases more=20
  current.</FONT></DIV>
  <DIV><FONT size=3D2>Unfortunately, I believe that several people have =
read the=20
  requests as people asking for others to do the work for&nbsp;the =
requesters=20
  rather than for&nbsp; help with more current=20
cases.</FONT>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>

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