Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: [CANSLIM] CANSLIM Hunting List 08/23/02
Date: Sat, 24 Aug 2002 19:36:12 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0046_01C24BA5.810C4FF0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi All, I've uploaded an updated CANSLIM hunting list to: http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls ( a bit slow = to load) or http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.zip ( a zipped = version which you can download, somewhat faster) In order to make it to the list, the stock had to have a forward growth = rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS = at least 60, no more than 15% below the 50 day SMA, and at or above the = 200 day SMA. This is what I consider to be "bare bones" requirements for = CANSLIM quality stocks. Since the version of the hunting list I uploaded last month on 7/22, the = list has expanded substantially. Last month, just prior to the current = market low, there were only 210 stocks meeting these same criteria. This = month the list has expanded to 459 names. I see that as an indication = that the market for CANSLIM stocks is getting healthier. This, plus = other evidence, leads me to believe that the market status for = CANSLIMers is "OK-but proceed with caution." While many breakouts have = pulled back, most have done so in an orderly fashion. I'd like to see = more breakouts day to day and more breakouts that do not pull back = before I would consider this an "all systems go" Market. In the = meantime, following all the buy and sell rules will keep us out of = trouble on long positions. Of the list of 459 stocks this month, 152 are repeats, 307 are new = names. 58 names dropped from last month's list. You can see which names = were dropped or added by taking a look at this month's spreadsheet. = Other information included is industry name (slightly different than = DGO's names, but close enough!), price, avg vol, and links to graphs = and due diligence sites on the internet. If you'd like to look at last = month's hunting list, you will find it at: http://WallStreet-LLC.com/canslim/CANSLIMHunting072202.xls Happy Hunting! Katherine PS These files are created with the PC version of Excel 2000. Occasionally I will not have data for a stock and it will slip onto the = list even though the minimum technicals will not actually be met. Prices current as of market close 8/23/02. - ------=_NextPart_000_0046_01C24BA5.810C4FF0 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 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Hi All,</DIV> <DIV> </DIV> <DIV>I've uploaded an updated CANSLIM hunting list to:</DIV> <DIV> </DIV> <DIV><A=20 href=3D"http://WallStreet-LLC.com/canslim/MajorMkts121401to030102.jpg">ht= tp://WallStreet-LLC.com/canslim/</A><A=20 href=3D"http://www.WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls">C= ANSLIMHunting082302.xls</A> (=20 a bit slow to load) or</DIV> <DIV><A=20 href=3D"http://WallStreet-LLC.com/canslim/MajorMkts121401to030102.jpg">ht= tp://WallStreet-LLC.com/canslim/</A><A=20 href=3D"http://www.WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls">C= ANSLIMHunting082302.zip</A>=20 ( a zipped version which you can download, somewhat faster)</DIV> <DIV> </DIV> <DIV>In order to make it to the list, the stock had to have a forward = growth=20 rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS = at least=20 60, no more than 15% below the 50 day SMA, and at or above the 200 day = SMA. This=20 is what I consider to be "bare bones" requirements for CANSLIM quality=20 stocks.</DIV> <DIV> </DIV> <DIV>Since the version of the hunting list I uploaded last month on = 7/22, the=20 list has expanded substantially. Last month, just prior to the current = market=20 low, there were only 210 stocks meeting these same criteria. This month = the list=20 has expanded to 459 names. I see that as an indication that the market = for=20 CANSLIM stocks is getting healthier. This, plus other evidence, leads me = to=20 believe that the market status for CANSLIMers is "OK-but proceed with = caution."=20 While many breakouts have pulled back, most have done so in an orderly = fashion.=20 I'd like to see more breakouts day to day and more breakouts that do not = pull=20 back before I would consider this an "all systems go" Market. In the = meantime,=20 following <EM>all</EM> the buy and sell rules will keep us out of = trouble on=20 long positions.</DIV> <DIV> </DIV> <DIV>Of the list of 459 stocks this month, 152 are repeats, 307 are new = names.=20 58 names dropped from last month's list. You can see which = names were=20 dropped or added by taking a look at this month's spreadsheet. Other = information=20 included is industry name (slightly different than DGO's names, but = close=20 enough!), price, avg vol, and links to graphs and due diligence = sites on=20 the internet. If you'd like to look at last month's hunting list, you = will find=20 it at:</DIV> <DIV> </DIV> <DIV><A=20 href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting072202.xls">http:= //WallStreet-LLC.com/canslim/CANSLIMHunting072202.xls</A></DIV> <DIV> </DIV> <DIV>Happy Hunting!</DIV> <DIV>Katherine</DIV> <DIV> </DIV> <DIV>PS</DIV> <DIV>These files are created with the PC version of Excel 2000.</DIV> <DIV>Occasionally I will not have data for a stock and it will slip onto = the=20 list even though the minimum technicals will not actually be met.</DIV> <DIV>Prices current as of market close 8/23/02.</DIV></BODY></HTML> - ------=_NextPart_000_0046_01C24BA5.810C4FF0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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