Re: [CANSLIM] CANSLIM Hunting List 08/23/02


From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] CANSLIM Hunting List 08/23/02
Date: Sun, 25 Aug 2002 17:33:23 -0500

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"is far above the norm"

I resent that<grin>

Norm

- ----- Original Message ----- 
From: "Lin Wells" <linwells1@charter.net>
To: <canslim@lists.xmission.com>
Sent: Sunday, August 25, 2002 4:16 PM
Subject: RE: [CANSLIM] CANSLIM Hunting List 08/23/02


> 
> 
>  
> 
> Katherine,
> 
>  
> 
> Thanks for this hunting list and the time you and others put in here.
> Sometimes a man just has to overwhelmed with gratitude.  I read WON's
> book probably eight yrs ago and thought it was a great book but never
> did anything with it.  I left my IRA's to the funds which didn't work
> out so well.  I've been lurking here off and on for a couple of years,
> but just got serious a couple of months ago.  This list is giving me the
> practical information I need to apply WON and making it possible to make
> great leaps in knowledge and understanding that would take many months
> otherwise.  I actually think I might be ready to go before this mkt
> turns around.  The willingness of this group to share their knowledge,
> resources and time (and for free), is far above the norm, David Taggart
> snagging a free three month trial to tradingmkts, Mike Gibbons providing
> a backdoor and five free picks a day.  I'm leaving out many others.
> Someday I hope to be able to make a contribution.  And doggone it Tom, I
> like your list too, I don't care what Herman says.
> 
>  
> 
> Lin
> 
>  
> 
>  
> 
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
> Sent: Saturday, August 24, 2002 7:36 PM
> To: canslim@lists.xmission.com
> Subject: [CANSLIM] CANSLIM Hunting List 08/23/02
> 
>  
> 
> Hi All,
> 
>  
> 
> I've uploaded an updated CANSLIM hunting list to:
> 
>  
> 
> http://WallStreet-LLC.com/canslim/
> <http://WallStreet-LLC.com/canslim/MajorMkts121401to030102.jpg>
> CANSLIMHunting082302.xls
> <http://www.WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls>  ( a
> bit slow to load)  or
> 
> http://WallStreet-LLC.com/canslim/
> <http://WallStreet-LLC.com/canslim/MajorMkts121401to030102.jpg>
> CANSLIMHunting082302.zip
> <http://www.WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls>  ( 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.
> 
> 


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