RE: [CANSLIM] NXTL, SXT


From: "David Taggart" <dctag@mavericktrading.com>
Subject: RE: [CANSLIM] NXTL, SXT
Date: Thu, 5 Dec 2002 06:38:26 -0700

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Tim,

Try running that screen without the 52 week high, any of the RS, and  =
Average Volume filters and see if anything meets the fundamental =
criteria.  I wonder if you get anything.

David Taggart
  -----Original Message-----
  From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Katona
  Sent: Wednesday, December 04, 2002 10:17 PM
  To: canslim@lists.xmission.com
  Subject: RE: [CANSLIM] NXTL, SXT


  As an interesting data point related to this discussion, I created the =
following custom screen on DGO to check for all of IBD's 20 rules. I've =
run this for almost daily for a year and NEVER has it come up with a =
single stock that met the complete criteria. Granted we've been a =
terrible bear market. Hopefully in a real bull market it will flag some =
stocks to buy!=20

  Tim

  TK custom Screen Criteria and Parameters=20

  Earnings Per Share (EPS) Rating From 80 to 99=20

  Relative Price Strength (RS) Rating From 80 to 99=20

  Industry Group Relative Strength (GRP RS) Rating A, B=20

  Sales + Profit Margins + ROE (SMR) Rating A, B, C=20

  Accumulation/Distribution (Acc/Dis) Rating A, B, C=20

  SmartSelect=C2=AE Composite Rating From 80 to 99=20

  % Change in Latest Quarter's EPS vs. Same Quarter Prior Year Greater =
than or equal to: 25=20

  EPS Have Been Accelerating Over the Latest 3 Quarters (%) True=20

  Annual % EPS Growth Rate of Last 3 Years Greater than or equal to: 25=20

  % Change Latest Quarter's Sales vs. Same Quarter Prior Year Greater =
than or equal to: 25=20

  Sales Have Been Accelerating Over the Latest 3 Quarters (%) True=20

  Sponsorship Rating A, B, C=20

  % of Stock Owned by Mutual Funds Greater than or equal to: 1=20

  % of the number of Mutual Funds Owning for Current Quarter vs. Prior =
Quarter Greater than or equal to: 1=20

  Current Price Greater than or equal to: 15.000=20

  Stocks trading at new 52-Week High AND Percentage price is below =
52-Week High From 0 to 15=20

  Current 50-Day Average Volume(1000) Greater than or equal to: 100=20

  After Tax Profit Margin (Most Recent Reported Quarter) Greater than or =
equal to: 10=20

  Pre-tax Annual Margins (Latest Fiscal Year Reported) Greater than or =
equal to: 18=20

  ROE (Latest Fiscal Year Reported) Greater than or equal to: 17=20

  Exchange  NYSE, AMEX, NASDAQ=20

  Note: SmartSelect registered trademark is the property of WON & co.    =
TK custom Screen Criteria and Parameters copyright of Tim Katona but =
canslim@lists.xmission.com has my permission to use it :)

    -----Original Message-----
    From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of AJAskey@aol.com
    Sent: Wednesday, December 04, 2002 8:38 PM
    To: canslim@lists.xmission.com
    Subject: Re: [CANSLIM] NXTL, SXT


    Curt,

    Many of the characteristics of CANSLIM are defined by WON as =
"secondary".  He is careful not to say stocks "need" to meet these at =
breakout as some breakout and then achieve perfect CANSLIM fundies. =20

    Some discussion by IBD can be found at the IBD AskBill site.  IBDs =
take on ROE is at =
http://www.investors.com/askbill/ArcRead.asp?D=3D8/21/2002.  IBDs take =
on Debt to Equity is at =
http://www.investors.com/askbill/ArcRead.asp?D=3D10/17/2002.  If you get =
a few hours it is educational to go thru the archieve and get more =
specific answers to questions that at not clear in HTMMIS. =20

    Another source that can be used is the AskIBD link at =
http://investdaily.custhelp.com/cgi-bin/investdaily.cfg/php/enduser/std_a=
lp.php which is searchable and can provide multiple answers to =
questions.  Sometimes the multiple answers even agree with each other =
... LOL.

    Andy


    In a message dated 12/4/2002 6:47:51 PM Central Standard Time, =
cjcorley@hiwaay.net writes:



      Take ROE for instance.  According to my interpretation of the blue =
book, Chapter 20 clearly states what the ROE should be before you buy a =
stock.  If the ROE is below that amount, it doesn=E2=80=99t even show up =
on my radar.=20




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<DIV><SPAN class=3D084583513-05122002><FONT face=3DArial color=3D#0000ff =

size=3D2>Tim,</FONT></SPAN></DIV>
<DIV><SPAN class=3D084583513-05122002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D084583513-05122002><FONT face=3DArial color=3D#0000ff =
size=3D2>Try=20
running that screen without the 52 week high, any of the RS,=20
and&nbsp;&nbsp;Average Volume filters and see if anything meets the =
fundamental=20
criteria.&nbsp; I wonder if you get anything.</FONT></SPAN></DIV>
<DIV><SPAN class=3D084583513-05122002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D084583513-05122002><FONT face=3DArial color=3D#0000ff =
size=3D2>David=20
Taggart</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Tim=20
  Katona<BR><B>Sent:</B> Wednesday, December 04, 2002 10:17 =
PM<BR><B>To:</B>=20
  canslim@lists.xmission.com<BR><B>Subject:</B> RE: [CANSLIM] NXTL,=20
  SXT<BR><BR></FONT></DIV>
  <DIV>
  <P><FONT face=3DArial><FONT color=3D#0000ff><FONT size=3D2><SPAN=20
  class=3D967340305-05122002>As an interesting data point related to =
this=20
  discussion, I created the following custom screen on DGO to check for =
all of=20
  IBD's 20 rules. I've run this for almost&nbsp;daily for a&nbsp;year =
and NEVER=20
  has it come up with a single stock that met the =
complete&nbsp;criteria.=20
  Granted we've been a terrible bear market. Hopefully in a real bull=20
  market&nbsp;it will flag&nbsp;some stocks to buy!=20
  </SPAN></FONT></FONT></FONT></P>
  <P><FONT face=3DArial><FONT color=3D#0000ff><FONT size=3D2><SPAN=20
  class=3D967340305-05122002>Tim</SPAN></FONT></FONT></FONT></P>
  <P><FONT size=3D+0><FONT size=3D+0><SPAN =
class=3D967340305-05122002></SPAN><FONT=20
  face=3DArial><FONT color=3D#0000ff><FONT size=3D2><SPAN =
class=3D967340305-05122002>TK=20
  custom </SPAN>Screen Criteria&nbsp;<SPAN =
class=3D967340305-05122002>and=20
  </SPAN>Parameters </FONT></FONT></FONT></FONT></FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Earnings Per Share =
(EPS) Rating From=20
  80 to 99 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Relative Price Strength =
(RS) Rating=20
  From 80 to 99 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Industry Group Relative =
Strength (GRP=20
  RS) Rating A, B </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Sales + Profit Margins =
+ ROE (SMR)=20
  Rating A, B, C </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff =
size=3D2>Accumulation/Distribution (Acc/Dis)=20
  Rating A, B, C </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>SmartSelect=C2=AE =
Composite Rating From 80=20
  to 99 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>% Change in Latest =
Quarter's EPS vs.=20
  Same Quarter Prior Year Greater than or equal to: 25 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>EPS Have Been =
Accelerating Over the=20
  Latest 3 Quarters (%) True </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Annual % EPS Growth =
Rate of Last 3=20
  Years Greater than or equal to: 25 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>% Change Latest =
Quarter's Sales vs.=20
  Same Quarter Prior Year Greater than or equal to: 25 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Sales Have Been =
Accelerating Over the=20
  Latest 3 Quarters (%) True </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Sponsorship Rating A, =
B, C=20
</FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>% of Stock Owned by =
Mutual Funds=20
  Greater than or equal to: 1 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>% of the number of =
Mutual Funds=20
  Owning for Current Quarter vs. Prior Quarter Greater than or equal to: =
1=20
  </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Current Price Greater =
than or equal=20
  to: 15.000 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Stocks trading at new =
52-Week High=20
  AND Percentage price is below 52-Week High From 0 to 15 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Current 50-Day Average =
Volume(1000)=20
  Greater than or equal to: 100 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>After Tax Profit Margin =
(Most Recent=20
  Reported Quarter) Greater than or equal to: 10 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>Pre-tax Annual Margins =
(Latest Fiscal=20
  Year Reported) Greater than or equal to: 18 </FONT></P>
  <P><FONT face=3DArial color=3D#0000ff size=3D2>ROE (Latest Fiscal Year =
Reported)=20
  Greater than or equal to: 17 </FONT></P>
  <P><FONT face=3DArial><FONT color=3D#0000ff><FONT =
size=3D2>Exchange&nbsp;<SPAN=20
  class=3D967340305-05122002> </SPAN>NYSE, AMEX, NASDAQ =
</FONT></FONT></FONT></P>
  <P><FONT size=3D+0><FONT size=3D+0><FONT face=3DArial><FONT =
color=3D#0000ff><FONT=20
  size=3D2><SPAN class=3D967340305-05122002>Note: </SPAN>SmartSelect =
registered=20
  trademark is the property of WON &amp; co.<SPAN=20
  class=3D967340305-05122002>&nbsp;&nbsp;&nbsp;=20
  </SPAN></FONT></FONT></FONT></FONT></FONT><FONT size=3D+0><FONT =
size=3D+0><FONT=20
  face=3DArial><FONT color=3D#0000ff><FONT size=3D2><SPAN=20
  class=3D967340305-05122002><FONT face=3DArial><FONT =
color=3D#0000ff><FONT=20
  size=3D2><SPAN class=3D967340305-05122002>TK custom </SPAN>Screen=20
  Criteria&nbsp;<SPAN class=3D967340305-05122002>and </SPAN>Parameters=20
  </FONT></FONT></FONT>copyright of Tim Katona but&nbsp;<A=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
&nbsp;has&nbsp;my=20
  permission&nbsp;to use it =
:)</SPAN></FONT></FONT></FONT></FONT></FONT><FONT=20
  size=3D+0><FONT size=3D+0></P></FONT></FONT></DIV>
  <BLOCKQUOTE>
    <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
    size=3D2>-----Original Message-----<BR><B>From:</B>=20
    owner-canslim@lists.xmission.com=20
    [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20
    </B>AJAskey@aol.com<BR><B>Sent:</B> Wednesday, December 04, 2002 =
8:38=20
    PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM]=20
    NXTL, SXT<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT=20
    size=3D2>Curt,<BR><BR>Many of the characteristics of CANSLIM are =
defined by=20
    WON as "secondary".&nbsp; He is careful not to say stocks "need" to =
meet=20
    these at breakout as some breakout and then achieve perfect CANSLIM=20
    fundies.&nbsp; <BR><BR>Some discussion by IBD can be found at the =
IBD=20
    AskBill site.&nbsp; IBDs take on ROE is at <A=20
    =
href=3D"http://www.investors.com/askbill/ArcRead.asp?D=3D8/21/2002">http:=
//www.investors.com/askbill/ArcRead.asp?D=3D8/21/2002</A>.&nbsp;=20
    IBDs take on Debt to Equity is at <A=20
    =
href=3D"http://www.investors.com/askbill/ArcRead.asp?D=3D10/17/2002">http=
://www.investors.com/askbill/ArcRead.asp?D=3D10/17/2002</A>.&nbsp;=20
    If you get a few hours it is educational to go thru the archieve and =
get=20
    more specific answers to questions that at not clear in =
HTMMIS.&nbsp;=20
    <BR><BR>Another source that can be used is the AskIBD link at <A=20
    =
href=3D"http://investdaily.custhelp.com/cgi-bin/investdaily.cfg/php/endus=
er/std_alp.php">http://investdaily.custhelp.com/cgi-bin/investdaily.cfg/p=
hp/enduser/std_alp.php</A>=20
    which is searchable and can provide multiple answers to =
questions.&nbsp;=20
    Sometimes the multiple answers even agree with each other ...=20
    LOL.<BR><BR>Andy<BR><BR><BR>In a message dated 12/4/2002 6:47:51 PM =
Central=20
    Standard Time, cjcorley@hiwaay.net writes:<BR><BR><BR>
    <BLOCKQUOTE=20
    style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff =
2px solid; MARGIN-RIGHT: 0px"=20
    TYPE=3D"CITE">Take ROE for instance.&nbsp; According to my =
interpretation of=20
      the blue book, Chapter 20 clearly states what the ROE should be =
before you=20
      buy a stock.&nbsp; If the ROE is below that amount, it =
doesn=E2=80=99t even show=20
      up on my radar. </FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: =
#ffffff"=20
      face=3DArial color=3D#000000 size=3D3=20
    FAMILY=3D"SANSSERIF"></BLOCKQUOTE><BR></FONT><FONT lang=3D0=20
    style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 =
size=3D2=20
    =
FAMILY=3D"SANSSERIF"><BR></BLOCKQUOTE></BLOCKQUOTE></FONT></FONT></BODY><=
/HTML>

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