Re: [CANSLIM] MME

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] MME
Date: Tue, 17 Sep 2002 06:23:48 -0500
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Morning Karen,

Sorry if I wasn't clear.  You are correct, LLUR patterns are not usually
associated with a handle.  MME used to be a LLUR but no longer.  So the
handle it is working on now is not on a LLUR chart pattern but on the cup &
handle (c&h) pattern it is finishing now.  And, good call on guessing the
meaning of LLUR!   I don't recall anyone else guessing that one <grin>

Below is a FAQ of sorts that Katherine, Tom and others have put together for
the group.  It contains some of the abbreviations used here and some useful
links.  I think there is a more up-to-date version but I guess I deleted it.
This one was posted last March.  Welcome to the group.


Commonly used abbreviations:
WON = William O'Neil, originator of CANSLIM
HTMMIS = "How to Make Money in Stocks" by William J. O'Neil
IBD = Investors Business Daily  (www.investors.com)
BO or B/O = Breakout
MA = Moving Average
dMA = days Moving Average
VR = Virtual Reality fund
M = Market ( the "M" in CANSLIM)
N = New (the "N" in CANSLIM)
LOL = Laughing Out Loud
DD= Due Diligence
??others??

IBD/CANSLIM Proprietary Rankings:
GRS = Group Relative Strength
RS = Relative Strength
EPS = Earnings per Share Rank
SMR = Sales/Margins/ROE
A/D = Accumulation/Distribution
??others??

Accounting/Finance Abbreviations:
BS or B/S = Balance Sheet
IS or I/S = Income Statement
cflo = Cash Flow
Pro Forma earnings = http://www.sec.gov/investor/pubs/proforma12-4.htm
D/E = Debt to Equity
PE or P/E = Price to Earnings ratio
??others??

Commonly discussed technical patterns: (Would be great to have some
straightforward definitions of each of these)
LLUR = Lower Left Upper Right
A Base = Ascending Base
C&H or CwH = Cup and Handle
HTF = High Tight Flag
Flat Base
Double Bottoms
??others??

Commonly discussed software/tools:
DGO= DailyGraphs Online  ( www.dailygraphs.com  or
beta.dailygraphs.com--beta will soon be ending)
QP2 = Quotes Plus (www.qp2.com)
HGSI = High Growth Stock Investing (www.highgrowthstock.com)
TC2000 =  Worden Brothers TC2000 technical analysis software
(http://www.tc2000.com)
VV= VectorVest (www.vectorvest.com)
??others??

Favorite free sites for stock scanning:
http://moneycentral.msn.com/investor/finder/predefstocks.asp
??others??

Favorite free sites for charting:
www.stockcharts.com
www.bigcharts.com
http://www.moneycentral.msn.com/investor/charts/charting.asp?Symbol=csco
??others??

Favorite free sites for due diligence:
Company's web site
http://biz.yahoo.com/p/c/csco.html
??others??

??others??
- ----- Original Message -----
From: "Karen White" <karenwhite7@charter.net>
To: <canslim@lists.xmission.com>
Sent: Tuesday, September 17, 2002 12:47 AM
Subject: Re: [CANSLIM] MME


> Is LLUR... something like lower left- upper right?  just a guess but if so
> why would there be a handle at all.  Hello folks, Ive just been a lurker
> for about a week and enjoy the conversations.  Also nice to know a spot to
> get my questions answered.. hmmm, now if you could just teach me some good
> selling techniques... LOL... thanks, karen
>
> At 09:59 PM 9/16/2002 -0500, you wrote:
> >I guess everyone has this one on their list?  And may be a little
> >'disappointed' in my calling attention to it<grin>
> >A former LLUR, I like the chart although the handle is a little 'funny'.
> >Would have been nice to see a little more vol on the right side but then
> >there were no big down days on that side.  I have not done extensive DD
but
> >IBD has the group rated #7 (has been strong maybe too long?) and this
> >company #1 in the Medical-HMO group.  Looks like other members of the
group
> >have bottomed and are climbing the right side of their bases or are near
> >some type of resistance/handle area (CVH, ATH, AMGB, UNH).  Anyway, I've
had
> >a soft spot for LLURs for quit a spell now.
> >
> >I suppose that is enough of a jinx to kill the entire group now?
> >
> >Any thoughts on this slow Monday evening?
> >
> >Norm
> >
> >
> >-
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>
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>


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