Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Re: WTW (was: Which One Is Better - Updated)
Date: Tue, 13 Aug 2002 22:31:13 -0400
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Nancy, haven't seen the chart you mention, but from the description the =
key is volume dropping on the sideways move. Also, accumulation / =
distribution is a very lagging indicator from my experience, I almost =
never consider it in buy / hold / sell arguments with myself (I usually =
lose!!). Being in the top 5 of its group, however, speaks to the "L" in =
CANSLIM.
- ----- Original Message -----=20
From: NANCY POLCARO=20
To: canslim=20
Sent: Tuesday, August 13, 2002 10:06 PM
Subject: Re: [CANSLIM] Re: WTW (was: Which One Is Better - Updated)
Can you explain something for me? On the IBD wtw chart points 2 and 3. =
I would have seen volumn dropping and the stock moving sideway and =
thought it was about to take a dive. Instead, in this chart they said =
it was good action. Am I wrong? I know in hindsite I can see what the =
chart did, but not as it happened. Also it's group is D, its got an =
acc/dist. of D and its 5 of the top 5 stocks. Would this keep you from =
entering even though it has a breakout on high volumn? =20
----- Original Message -----
From: Katherine Malm
Sent: Tuesday, August 13, 2002 7:33 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Re: WTW (was: Which One Is Better - Updated)
Hi Mike,
WTW didn't have the smoothest base, but it was a 12 week base =
nonetheless.
That's not unusual given the gyrations of the market as it's been =
groping
for this latest bottom. So that you can see my personal take on it, =
I've
annotated the chart at:
http://WallStreet-LLC.com/canslim/WTW081302.jpg
Gene noted that WTW is also featured in IBD's weblink today. They have =
also
annotated a chart, so you can see their interpretation at:
http://www.investors.com/weblink/
Katherine
----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 13, 2002 8:50 AM
Subject: Re: [CANSLIM] Which One Is Better - Updated
Katherine,
Can you expound on the statement that WTW broke out? In looking at =
the
chart, I can sorta see a v shaped cwh, but in the handle, the volume =
did
NOT dry up.....what would you say the pivot point was?
Thanks
Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com
"Katherine Malm"
<kmalm@earthlink.net> To:
canslim@lists.xmission.com
Sent by: cc:
owner-canslim@lists.xm Subject: Re: =
[CANSLIM]
Which One Is Better - Updated
ission.com
08/12/2002 08:02 PM
Please respond to
canslim
You know, I have a simple solution for this kind of dilemma....don't =
use
the numbers.
I know it's tempting to use a number like this, as it seems to "tell =
you
everything" about the stock. But I think once you summarize summary
numbers, you're asking for trouble. I rank the composite score as =
"mildly
useful."
Here's an example. I'll select a couple of stocks that have come up =
for
discussion here in the last few months: WTW and TOL.
Scores?
WTW =3D 96
TOL =3D 95
Yet, look at the charts. WTW broke out today, TOL is rolling over and
playing dead. Doesn't sound like a score of 95/96 "tells" me =
everything I
need to know about the stocks.
Katherine
----- Original Message -----
From: Gene Ricci
To: canslim@lists.xmission.com
Sent: Monday, August 12, 2002 7:41 PM
Subject: Re: [CANSLIM] Which One Is Better - Updated
Arghhh!
Same definition
Same data base
Same company
different numbers!
----- Original Message -----
From: Bill Triffet
To: canslim@lists.xmission.com
Sent: Monday, August 12, 2002 6:58 PM
Subject: Re: [CANSLIM] Which One Is Better - Updated
Either way, it appears that the IBD data paints a prettier picture of =
the
stocks.
-Bill
----- Original Message -----
From: "Gene Ricci" <genr@swbell.net>
To: <canslim@lists.xmission.com>
Sent: Monday, August 12, 2002 4:50 PM
Subject: Re: [CANSLIM] Which One Is Better - Updated
I just had today's update figures for DGO sent to me.
The 3 columns are 8/9 DGO data
8/12 IBD readings 30 minutes ago
8/12 DGO just received today's download
Hi Katherine, I hadn't checked today and after reading your note, I
'thought' I was in error.
However, I just went and checked several stocks:
8/9 8/12 8/12
DGO IBD DGO
AAON 85 86 83
AIR 38 55 32
ABCB 89 90 90
ABM 77 85 75
ABN 58 67 58
ACE 69 86 71
ACMR 92 95 92
AES 24 30 25
AFCE 72 79 74
AFL 92 95 91
The first ten (10) I checked showed different numbers.
My question still stands, which one is better?
Gene
----- Original Message -----
From: Katherine Malm
To: canslim@lists.xmission.com
Sent: Monday, August 12, 2002 5:47 PM
Subject: Re: [CANSLIM] Which One Is Better
Hi Gene,
There seems to be conflicting information on this...See DGO's reply to =
my
recent inquiry (7/31) about the very same thing:
Hi Katherine,
Thank you for your recent email to Daily Graphs Online.
I apologize, but the recent additions to our services have not yet =
been
reflected in our Image Maps resource. We plan on making the update =
soon.
TO address your question, I would like to confirm that the Composite
Rating
you see on our service is the same SmartSelect=AE Composite Rating =
that is
provided by the Investor's Business Daily and investors.com.
Please write back if you have any questions or need assistance.
Best regards,
Dan
Daily Graphs Online
www.dailygraphs.com
----- Original Message -----
From: Gene Ricci
To: canslim@lists.xmission.com
Sent: Monday, August 12, 2002 4:06 PM
Subject: [CANSLIM] Which One Is Better
Let's see, IBD provides an Overall Rating and now DGO provides a =
Composite
Rating. Has anyone determined which one is better?
Gene
The new SmartSelect=AE Composite Rating in Investor's Business Daily =
and
the Stock Checkup Overall Rating found on investors.com are based on
different formulas.
The SmartSelect=AE Composite Rating combines all 5 SmartSelect Ratings
into one easy-to-use rating. More weight is placed on EPS and RS
Rating, and the stock's percent off its 52-week high is also included =
in
the formula. Results are then compared to all other companies, and =
each
company is assigned a rating from 1-99 with 99 being the best. This
rating is designed to help you get a quick feel for how a company's
SmartSelect=AE Ratings compare to all other stocks in our database. =
This
is intended to be an additional tool to help you find the stocks with
the highest SmartSelect=AE Ratings, quickly and easily.
The Overall Rating in the Stock Checkup is determined by a proprietary
formula incorporating all five of the Stock Checkup ratings. These are
the Technical Rating, Fundamental Rating, Attractiveness Rating, =
Group's
Technical Rating and Group's Fundamental Rating. The Stock Checkup =
uses
over 30 different variables including all the SmartSelect=AE Ratings =
to
calculate the Overall Rating. When using the Stock Checkup, focus not
only on the Overall Rating but all 6 of the Checkup Ratings. Also =
study
how the stock compares to its group within the individual Checkup
Ratings.
-
-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.
- ------=_NextPart_000_00C8_01C24319.2185B790
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charset="iso-8859-1"
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<!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">
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<STYLE></STYLE>
</HEAD>
<BODY=20
style=3D"BORDER-RIGHT: medium none; BORDER-TOP: medium none; FONT: 10pt =
verdana; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none"=20
bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D3>Nancy, haven't seen the chart you =
mention, but from=20
the description the key is volume dropping on the sideways move. Also,=20
accumulation / distribution is a very lagging indicator from my =
experience, I=20
almost never consider it in buy / hold / sell arguments with myself (I =
usually=20
lose!!). Being in the top 5 of its group, however, speaks to the "L" in=20
CANSLIM.</FONT></DIV>
<DIV><FONT face=3DArial size=3D3></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@msn.com href=3D"mailto:ZILLAGIRL@msn.com">NANCY =
POLCARO</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim</A> </DIV>
<DIV><B>Sent:</B> Tuesday, August 13, 2002 10:06 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Re: WTW (was: Which One Is Better -=20
Updated)</DIV></DIV>
<DIV><FONT face=3DArial size=3D3></FONT><BR></DIV>
<DIV>Can you explain something for me? On the IBD wtw chart points =
2 and=20
3. I would have seen volumn dropping and the stock moving sideway =
and=20
thought it was about to take a dive. Instead, in this chart they =
said it=20
was good action. Am I wrong? I know in hindsite I can see =
what the=20
chart did, but not as it happened. Also it's =
group is D,=20
its got an acc/dist. of D and its 5 of the top 5 stocks. Would =
this keep=20
you from entering even though it has a breakout on high=20
volumn? </DIV>
<DIV><FONT face=3DArial size=3D3></FONT> </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 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt Arial; COLOR: =
black"><B>From:</B>=20
Katherine Malm</DIV>
<DIV style=3D"FONT: 10pt Arial"><B>Sent:</B> Tuesday, August 13, 2002 =
7:33=20
AM</DIV>
<DIV style=3D"FONT: 10pt Arial"><B>To:</B> =
canslim@lists.xmission.com</DIV>
<DIV style=3D"FONT: 10pt Arial"><B>Subject:</B> [CANSLIM] Re: WTW =
(was: Which=20
One Is Better - Updated)</DIV>
<DIV> </DIV>Hi Mike,<BR><BR>WTW didn't have the smoothest base, =
but it=20
was a 12 week base nonetheless.<BR>That's not unusual given the =
gyrations of=20
the market as it's been groping<BR>for this latest bottom. So that you =
can see=20
my personal take on it, I've<BR>annotated the chart=20
=
at:<BR><BR>http://WallStreet-LLC.com/canslim/WTW081302.jpg<BR><BR><BR>Gen=
e=20
noted that WTW is also featured in IBD's weblink today. They have=20
also<BR>annotated a chart, so you can see their interpretation=20
=
at:<BR><BR>http://www.investors.com/weblink/<BR><BR>Katherine<BR><BR>----=
- -=20
Original Message -----<BR>From: =
<michael_niemotka@baxter.com><BR>To:=20
<canslim@lists.xmission.com><BR>Sent: Tuesday, August 13, 2002 =
8:50=20
AM<BR>Subject: Re: [CANSLIM] Which One Is Better -=20
Updated<BR><BR><BR><BR>Katherine,<BR><BR>Can you expound on the =
statement that=20
WTW broke out? In looking at the<BR>chart, I can sorta see a v =
shaped=20
cwh, but in the handle, the volume did<BR>NOT dry up.....what would =
you say=20
the pivot point was?<BR><BR>Thanks<BR><BR>Mike Niemotka , PE<BR>Sr. =
Principal=20
Engineer<BR>Baxter Healthcare Corporation<BR>Route 120 & Wilson=20
Road<BR>Round Lake, IL 60073<BR>Tel (847) 270-4075<BR>Fax (847)=20
=
270-4525<BR>michael_niemotka@baxter.com<BR><BR><BR><BR> =
&=
nbsp; =20
"Katherine=20
=
Malm"<BR> &nbs=
p; =20
=
<kmalm@earthlink.net> &nbs=
p;=20
=
To:<BR>canslim@lists.xmission.com<BR> =
&=
nbsp;=20
Sent=20
=
by: &nbs=
p; =20
=
cc:<BR> =
=20
owner-canslim@lists.xm =20
Subject: Re: [CANSLIM]<BR>Which One Is Better =
- -=20
=
Updated<BR> &n=
bsp; =20
=
ission.com<BR><BR><BR> &nb=
sp; =20
08/12/2002 08:02=20
=
PM<BR> &=
nbsp; =20
Please respond=20
=
to<BR> &=
nbsp; =20
canslim<BR><BR><BR><BR><BR><BR><BR>You know, I have a simple solution =
for this=20
kind of dilemma....don't use<BR>the numbers.<BR><BR>I know it's =
tempting to=20
use a number like this, as it seems to "tell you<BR>everything" about =
the=20
stock. But I think once you summarize summary<BR>numbers, you're =
asking for=20
trouble. I rank the composite score as =
"mildly<BR>useful."<BR><BR>Here's an=20
example. I'll select a couple of stocks that have come up =
for<BR>discussion=20
here in the last few months: WTW and TOL.<BR><BR>Scores?<BR>WTW =3D =
96<BR>TOL =3D=20
95<BR><BR>Yet, look at the charts. WTW broke out today, TOL is rolling =
over=20
and<BR>playing dead. Doesn't sound like a score of 95/96 "tells" me =
everything=20
I<BR>need to know about the stocks.<BR><BR>Katherine<BR>----- Original =
Message=20
-----<BR>From: Gene Ricci<BR>To: canslim@lists.xmission.com<BR>Sent: =
Monday,=20
August 12, 2002 7:41 PM<BR>Subject: Re: [CANSLIM] Which One Is Better =
- -=20
Updated<BR><BR>Arghhh!<BR>Same definition<BR>Same data base<BR>Same=20
company<BR>different numbers!<BR>----- Original Message -----<BR>From: =
Bill=20
Triffet<BR>To: canslim@lists.xmission.com<BR>Sent: Monday, August 12, =
2002=20
6:58 PM<BR>Subject: Re: [CANSLIM] Which One Is Better - =
Updated<BR><BR>Either=20
way, it appears that the IBD data paints a prettier picture of=20
the<BR>stocks.<BR><BR>-Bill<BR><BR>----- Original Message =
- -----<BR>From: "Gene=20
Ricci" <genr@swbell.net><BR>To:=20
<canslim@lists.xmission.com><BR>Sent: Monday, August 12, 2002 =
4:50=20
PM<BR>Subject: Re: [CANSLIM] Which One Is Better - =
Updated<BR><BR><BR>I just=20
had today's update figures for DGO sent to me.<BR>The 3 columns are =
8/9 DGO=20
data<BR>8/12 IBD readings 30 minutes ago<BR>8/12 DGO just received =
today's=20
download<BR><BR><BR>Hi Katherine, I hadn't checked today and after =
reading=20
your note, I<BR>'thought' I was in error.<BR><BR>However, I just went =
and=20
checked several=20
=
stocks:<BR> &n=
bsp; =20
8/9 8/12 =20
=
8/12<BR>  =
; =20
DGO IBD DGO<BR>AAON =20
85 86 =20
83<BR>AIR =20
38 55 =20
32<BR>ABCB =
89 =20
90 =20
90<BR>ABM =
77 =20
85 =20
75<BR>ABN =
58 =20
67 =20
58<BR>ACE =
69 =20
86 =20
71<BR>ACMR 92 =20
95 =20
92<BR>AES =20
24 30 =20
25<BR>AFCE 72 =20
79 =20
74<BR>AFL =20
92 95 =20
91<BR><BR><BR>The first ten (10) I checked showed different =
numbers.<BR><BR>My=20
question still stands, which one is =
better?<BR><BR>Gene<BR><BR><BR><BR>-----=20
Original Message -----<BR>From: Katherine Malm<BR>To:=20
canslim@lists.xmission.com<BR>Sent: Monday, August 12, 2002 5:47=20
PM<BR>Subject: Re: [CANSLIM] Which One Is Better<BR><BR><BR>Hi=20
Gene,<BR><BR>There seems to be conflicting information on this...See =
DGO's=20
reply to my<BR>recent inquiry (7/31) about the very same=20
thing:<BR><BR><BR><BR><BR>Hi Katherine,<BR><BR>Thank you for your =
recent email=20
to Daily Graphs Online.<BR><BR>I apologize, but the recent additions =
to our=20
services have not yet been<BR>reflected in our Image Maps =
resource. We=20
plan on making the update soon.<BR>TO address your question, I would =
like to=20
confirm that the Composite<BR>Rating<BR>you see on our service is the =
same=20
SmartSelect=AE Composite Rating that is<BR>provided by the Investor's =
Business=20
Daily and investors.com.<BR><BR>Please write back if you have any =
questions or=20
need assistance.<BR><BR>Best regards,<BR>Dan<BR>Daily Graphs=20
Online<BR>www.dailygraphs.com<BR><BR>----- Original Message =
- -----<BR>From:=20
Gene Ricci<BR>To: canslim@lists.xmission.com<BR>Sent: Monday, August =
12, 2002=20
4:06 PM<BR>Subject: [CANSLIM] Which One Is Better<BR><BR><BR>Let's =
see, IBD=20
provides an Overall Rating and now DGO provides a Composite<BR>Rating. =
Has=20
anyone determined which one is better?<BR><BR>Gene<BR><BR>The new =
SmartSelect=AE=20
Composite Rating in Investor's Business Daily and<BR>the Stock Checkup =
Overall=20
Rating found on investors.com are based on<BR>different =
formulas.<BR><BR>The=20
SmartSelect=AE Composite Rating combines all 5 SmartSelect =
Ratings<BR>into one=20
easy-to-use rating. More weight is placed on EPS and =
RS<BR>Rating, and=20
the stock's percent off its 52-week high is also included in<BR>the=20
formula. Results are then compared to all other companies, and=20
each<BR>company is assigned a rating from 1-99 with 99 being the =
best. =20
This<BR>rating is designed to help you get a quick feel for how a=20
company's<BR>SmartSelect=AE Ratings compare to all other stocks in our =
database. This<BR>is intended to be an additional tool to help =
you find=20
the stocks with<BR>the highest SmartSelect=AE Ratings, quickly and=20
easily.<BR><BR>The Overall Rating in the Stock Checkup is determined =
by a=20
proprietary<BR>formula incorporating all five of the Stock Checkup =
ratings.=20
These are<BR>the Technical Rating, Fundamental Rating, Attractiveness =
Rating,=20
Group's<BR>Technical Rating and Group's Fundamental Rating. The =
Stock=20
Checkup uses<BR>over 30 different variables including all the =
SmartSelect=AE=20
Ratings to<BR>calculate the Overall Rating. When using the Stock =
Checkup, focus not<BR>only on the Overall Rating but all 6 of the =
Checkup=20
Ratings. Also study<BR>how the stock compares to its group =
within the=20
individual Checkup<BR>Ratings.<BR><BR><BR><BR>-<BR>-To =
subscribe/unsubscribe,=20
email "majordomo@xmission.com"<BR>-In the email body, write "subscribe =
canslim" or<BR>-"unsubscribe canslim". Do not use quotes in your =
email.<BR><BR><BR>-<BR>-To subscribe/unsubscribe, email=20
"majordomo@xmission.com"<BR>-In the email body, write "subscribe =
canslim"=20
or<BR>-"unsubscribe canslim". Do not use quotes in your=20
email.<BR><BR><BR><BR><BR><BR>-<BR>-To subscribe/unsubscribe, email=20
"majordomo@xmission.com"<BR>-In the email body, write "subscribe =
canslim"=20
or<BR>-"unsubscribe canslim". Do not use quotes in your=20
email.<BR><BR><BR>-<BR>-To subscribe/unsubscribe, email=20
"majordomo@xmission.com"<BR>-In the email body, write "subscribe =
canslim"=20
or<BR>-"unsubscribe canslim". Do not use quotes in your=20
email.<BR></BLOCKQUOTE></BODY></HTML>
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