Re: [CANSLIM] What's still strong?


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] What's still strong?
Date: Fri, 11 Oct 2002 18:13:04 -0500

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I'll have to agree with you Ian. There's plenty of reasons to doubt the =
latest rally...but then again, after such a lengthy bear market, there =
should be. I don't know there's ever been a market bottom when all signs =
pointed to "more rally on the way." Time will tell...plenty of medical =
stocks showing relative strength...a couple of follow-through breakouts =
in things like FRX and MME. Some climactic selling into the low... Can't =
see any reason to jump in with both feet just yet, but I have my swim =
suit on just in case.

Katherine
  ----- Original Message -----=20
  From: Ian=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, October 11, 2002 12:22 PM
  Subject: Re: [CANSLIM] What's still strong?


  Hi Katherine:

  One thing that discourages me (again) is the ferocity of this rebound, =
and its apparent concentration in heavily shorted stocks. The big =
indices are up almost 10% in just 24 hours. I realize that they had =
dropped a lot, but it still doesn't leave much headroom for traditional =
follow-through days and a legitimate rally afterwards. We'll see.

  Chers,

  Ian



    ----- Original Message -----=20
    From: Katherine Malm=20
    To: canslim@lists.xmission.com=20
    Sent: Friday, October 11, 2002 7:24 AM
    Subject: Re: [CANSLIM] What's still strong?


    Hi Ian,

    Glad to see you've popped up for a look see. Never can tell if a =
rally can turn into something sustainable.... certainly worth staying =
abreast just in case!! Either way, some very interesting stocks on the =
list....

    Katherine
      ----- Original Message -----=20
      From: Ian=20
      To: canslim@lists.xmission.com=20
      Sent: Thursday, October 10, 2002 6:22 PM
      Subject: Re: [CANSLIM] What's still strong?


      Hi Katherine:

      Thank you very much for your efforts, I really appreciate it.

      I feel like I'm coming out of hibernation just by looking ...

      Cheers,

      Ian


        ----- Original Message -----=20
        From: Katherine Malm=20
        To: canslim@lists.xmission.com=20
        Sent: Thursday, October 10, 2002 10:14 AM
        Subject: Re: [CANSLIM] What's still strong?


        Hi Ian,

        Since "good CANSLIM characteristics" and "up siginificantly" are =
interpretive, I had to come up with some arbitrary guidelines for this =
list, so here's how I derived it:

        1. Forward growth rate >=3D15%
        2. Price >=3D$10
        3. Not down in the latest 52 wks. If trading < 52wks, up since =
IPO.
        4. Currently meet what I consider "minimum technicals" ... that =
is, >=3D200 day MA, no more than 15% below the 50 day MA, RS>=3D60.
        5. I deleted any stocks meeting items 1-4 that were REITS, =
Mining or Food. I also deleted any stocks that are currently pending =
merger/acquisition targets. I arbitrarly left in cyclicals such as =
transportation and banking/S&L.

        Not all the charts are "pretty" as they may be up or even for =
the year, but face multiyear overhead resistence. All in all, 111 names. =
Out of 10000 stocks, that's about 1%. While that's not great odds for =
anybody long over the last year, it does make a very nice "short list" =
of strong stocks should the market get legs.

        See the list at: =
http://WallStreet-LLC.com/canslim/WorkingStocks101002.xls


        Katherine
          ----- Original Message -----=20
          From: Ian=20
          To: canslim@lists.xmission.com=20
          Sent: Thursday, October 10, 2002 11:54 AM
          Subject: [CANSLIM] What's still strong?


          Hi all:

          I'm trying to make a list of stocks with good CANSLIM =
characteristics that are well up on the year and still above their 50 =
and 200 day ma's. Right now, the only $10+ stocks on my list are JCOM =
and BLUD. Does anyone have any others?

          Thanks,

          Ian



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<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2719.2200" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>I'll have to agree with you Ian. There's plenty of reasons to doubt =
the=20
latest rally...but then again, after such a lengthy bear market, there =
should=20
be. I don't know there's ever been a market bottom when all signs =
pointed to=20
"more rally on the way." Time will tell...plenty of medical stocks =
showing=20
relative strength...a couple of follow-through breakouts in things like =
FRX and=20
MME. Some climactic selling into the low... Can't see any reason to jump =
in with=20
both feet just yet, but I have my swim suit on just in case.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</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=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</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> Friday, October 11, 2002 =
12:22=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] What's =
still=20
  strong?</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=3D2>Hi Katherine:</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2>One thing that discourages me (again) is the =
ferocity of=20
  this rebound, and its apparent concentration in heavily shorted =
stocks. The=20
  big indices are up almost 10% in just 24 hours. I realize that =
they&nbsp;had=20
  dropped a lot, but it still doesn't leave much headroom for =
traditional=20
  follow-through days and a legitimate rally afterwards. We'll =
see.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2>Chers,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2>Ian</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>&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>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, October 11, =
2002 7:24=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] What's =
still=20
    strong?</DIV>
    <DIV><BR></DIV>
    <DIV>Hi Ian,</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Glad to see you've popped up for a look see. Never can tell if =
a rally=20
    can turn into something sustainable.... certainly worth staying =
abreast just=20
    in case!! Either way, some very interesting stocks on the =
list....</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Katherine</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=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</A> =
</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
      title=3Dcanslim@lists.xmission.com=20
      =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, October 10, =
2002 6:22=20
      PM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
What's still=20
      strong?</DIV>
      <DIV><BR></DIV>
      <DIV><FONT size=3D2>Hi Katherine:</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=3D2>Thank you very much for your efforts, I really =

      appreciate it.</FONT></DIV>
      <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
      <DIV><FONT size=3D2>I feel like I'm coming out of hibernation just =
by=20
      looking ...</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=3D2>Cheers,</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=3D2>Ian</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV>&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=20
        title=3Dcanslim@lists.xmission.com=20
        =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, October =
10, 2002=20
        10:14 AM</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
What's still=20
        strong?</DIV>
        <DIV><BR></DIV>
        <DIV>Hi Ian,</DIV>
        <DIV>&nbsp;</DIV>
        <DIV>Since "good CANSLIM characteristics" and "up =
siginificantly" are=20
        interpretive, I had to come up with some arbitrary guidelines =
for this=20
        list, so here's how I derived it:</DIV>
        <DIV>&nbsp;</DIV>
        <DIV>1. Forward growth rate &gt;=3D15%</DIV>
        <DIV>2. Price &gt;=3D$10</DIV>
        <DIV>3. Not down in the latest 52 wks. If trading &lt; 52wks, up =
since=20
        IPO.</DIV>
        <DIV>4. Currently meet what I consider "minimum technicals" ... =
that is,=20
        &gt;=3D200 day MA, no more than 15% below the 50 day MA, =
RS&gt;=3D60.</DIV>
        <DIV>5. I deleted any stocks meeting items 1-4 that were REITS, =
Mining=20
        or Food. I also deleted any stocks that are currently pending=20
        merger/acquisition targets. I arbitrarly left in cyclicals such =
as=20
        transportation and banking/S&amp;L.</DIV>
        <DIV>&nbsp;</DIV>
        <DIV>Not all the charts are "pretty" as they may be up or even =
for the=20
        year, but face multiyear overhead resistence. All in all, 111 =
names. Out=20
        of 10000 stocks, that's about 1%. While that's not great odds =
for=20
        anybody long over the last year, it does make a very nice "short =
list"=20
        of strong stocks should the market get legs.</DIV>
        <DIV>&nbsp;</DIV>
        <DIV>See the list at: <A=20
        =
href=3D"http://WallStreet-LLC.com/canslim/WorkingStocks101002.xls">http:/=
/WallStreet-LLC.com/canslim/WorkingStocks101002.xls</A></DIV>
        <DIV>&nbsp;</DIV>
        <DIV>&nbsp;</DIV>
        <DIV>Katherine</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=3Dianstm@shaw.ca =
href=3D"mailto:ianstm@shaw.ca">Ian</A> </DIV>
          <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
          title=3Dcanslim@lists.xmission.com=20
          =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
          </DIV>
          <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, October =
10, 2002=20
          11:54 AM</DIV>
          <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
What's still=20
          strong?</DIV>
          <DIV><BR></DIV>
          <DIV><FONT size=3D2>Hi all:</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <DIV><FONT size=3D2>I'm trying to make a list of stocks with =
good=20
          CANSLIM characteristics that are well up on the year and still =
above=20
          their 50 and 200 day ma's. Right now, the only $10+ stocks on =
my list=20
          are JCOM and BLUD. Does anyone have any others?</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <DIV><FONT size=3D2>Thanks,</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <DIV><FONT size=3D2>Ian</FONT></DIV>
          <DIV>&nbsp;</DIV>
          <BLOCKQUOTE=20
          style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: =
5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
            =
<DIV>&nbsp;</DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BL=
OCKQUOTE></BLOCKQUOTE></BODY></HTML>

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