Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] NXTL, SXT
Date: Thu, 5 Dec 2002 23:23:55 -0600
Previous Article (by Subject): Re: [CANSLIM] NXTL, SXT AJAskey@aol.com
Top of Thread: Re: [CANSLIM] NXTL, SXT AJAskey@aol.com
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_1DC3_01C29CB5.616EA510
Content-Type: text/plain;
charset="US-ASCII"
Content-Transfer-Encoding: 7bit
Hi Andy,
I agree with you completely. All of the guidelines, whether fundamental or
technical, are a means for finding the candidates "most likely" to do well. In
the end, it's all a game of odds and stacking them in your favor is the critical
part of the process. Because it's a game of odds, we need a good eject button
when we flip tails instead of heads.
To Curt's original point, each investor has to find a meaningful set of rules to
follow within a set of style guidelines (in this case, CANSLIM), trade by them,
and then adjust as necessary as they learn from their post analysis.
Katherine
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of AJAskey@aol.com
Sent: Thursday, December 05, 2002 11:13 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] NXTL, SXT
The flip side to this is that this "perfect" stock may fail the breakout.
There is no guarantee that stocks meeting all criteria with good bases will take
off and go.
Andy
In a message dated 12/5/2002 11:47:20 AM Central Standard Time,
kmalm@earthlink.net writes:
Another way of viewing it would simply be by asking a question. That is, if
you were looking at a stock and it had a "perfect" cup with handle (ok, it's
theoretical!); high RS Rank; an RS line making new highs; met all other
earnings, sales and profit margin guidelines, and broke out on 150% of ADV,
would you pass it up because it had an ROE of 16.5%? If so, why? Does the "low"
ROE mean that it is not a good company or a good stock?
- ------=_NextPart_000_1DC3_01C29CB5.616EA510
Content-Type: text/html;
charset="US-ASCII"
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=3Dus-ascii">
<META content=3D"MSHTML 6.00.2800.1126" name=3DGENERATOR></HEAD>
<BODY>
<DIV><SPAN class=3D026451705-06122002>Hi Andy,</SPAN></DIV>
<DIV><SPAN class=3D026451705-06122002></SPAN> </DIV>
<DIV><SPAN class=3D026451705-06122002>I agree with you completely. All =
of the=20
guidelines, whether fundamental or technical, are a means for finding =
the=20
candidates "most likely" to do well. In the end, it's all a game of odds =
and=20
stacking them in your favor is the critical part of the process. Because =
it's a=20
game of odds, we need a good eject button when we flip tails instead of =
heads.=20
</SPAN></DIV>
<DIV><SPAN class=3D026451705-06122002></SPAN> </DIV>
<DIV><SPAN class=3D026451705-06122002>To Curt's original point, each =
investor has=20
to find a meaningful set of rules to follow within a set of style =
guidelines (in=20
this case, CANSLIM), trade by them, and then adjust as necessary as they =
learn=20
from their post analysis.</SPAN></DIV>
<DIV><SPAN class=3D026451705-06122002></SPAN> </DIV>
<DIV><SPAN class=3D026451705-06122002>Katherine</SPAN></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> Thursday, December 05, 2002 11:13=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 =
size=3D2>The flip=20
side to this is that this "perfect" stock may fail the breakout. =
There=20
is no guarantee that stocks meeting all criteria with good bases will =
take off=20
and go.<BR><BR>Andy<BR><BR>In a message dated 12/5/2002 11:47:20 AM =
Central=20
Standard Time, kmalm@earthlink.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">Another way of viewing it would simply be by asking a =
question.=20
That is, if you were looking at a stock and it had a "perfect" cup =
with=20
handle (ok, it's theoretical!); high RS Rank; an RS line making new =
highs;=20
met all other earnings, sales and profit margin guidelines, and =
broke out on=20
150% of ADV, would you pass it up because it had an ROE of 16.5%? If =
so,=20
why? Does the "low" ROE mean that it is not a good company or a good =
stock?</BLOCKQUOTE><BR><BR></BLOCKQUOTE></FONT></FONT></BODY></HTML>
- ------=_NextPart_000_1DC3_01C29CB5.616EA510--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Subject): Re: [CANSLIM] NXTL, SXT AJAskey@aol.com
Top of Thread: Re: [CANSLIM] NXTL, SXT AJAskey@aol.com
Articles sorted by: [Date]
[Author]
[Subject]