Go to Jeff Salisbury LWGate Home Page.From: AJAskey@aol.com
Subject: Re: [CANSLIM] Big Money AGAIN, oh dear! Hay look Andy!
Date: Sun, 29 Dec 2002 12:59:43 EST
Next Article (by Author): [CANSLIM] eIBD "Tim Katona"
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- --part1_163.1943dc26.2b40920f_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit JC, I have a number of lists which I used differently. The WatchList is a list of stocks that are doing well from an RS perspective and have outstanding fundies. This list has a long term outlook and stocks may be on the list for a long time before a sound base forms (especially in a bear market). Stocks do not make this list based on any technical analysis other than an RS over 70 which tells me that the market is confirming my fundamental analysis. I do place stocks with low average volume on this list at many will suddenly start trading 100,000 shares a day (which is a great buy signal). I look at the charts of these about once a week and anything that is forming a nice base is placed on the BuyList. I evaluated volume characteristics manually and do not have and filters for this. I also have a SRvsGR list (similar to IBD 80x80 lists). If we do get into a bull market I will look for nice bases from this list if none of my outstanding fundie stocks are ready to be bought. I also use this list to find new outstanding fundie stocks to add to my WatchList. I also use IBDs screen-of-the-day lists to find outstanding stocks to add to my WatchList. Andy In a message dated 12/28/2002 12:42:04 AM Central Standard Time, jcalkins@olypen.com writes: > I see from your sheet, you show average volume such as Katherine does. You > have a scoring system on your personal cryteria. I'm guessing that > Katherine sticks with her forward growth > 15%, Price > $6, Average Daily > Volume > 30, RS >60, < 15% Below 50 day MA, > (above) 200 day MA. Then > does she manually look at each and every stock on a chart to see if it has > a proper base? Is this what you do too? You don't have as many stocks in > your list, and I haven't tried to examine their charts to see if you picked > these because of their bases. > - --part1_163.1943dc26.2b40920f_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit <HTML><FONT FACE=arial,helvetica><FONT SIZE=2>JC,<BR> <BR> I have a number of lists which I used differently. The WatchList is a list of stocks that are doing well from an RS perspective and have outstanding fundies. This list has a long term outlook and stocks may be on the list for a long time before a sound base forms (especially in a bear market). Stocks do not make this list based on any technical analysis other than an RS over 70 which tells me that the market is confirming my fundamental analysis. I do place stocks with low average volume on this list at many will suddenly start trading 100,000 shares a day (which is a great buy signal).<BR> <BR> I look at the charts of these about once a week and anything that is forming a nice base is placed on the BuyList. I evaluated volume characteristics manually and do not have and filters for this.<BR> <BR> I also have a SRvsGR list (similar to IBD 80x80 lists). If we do get into a bull market I will look for nice bases from this list if none of my outstanding fundie stocks are ready to be bought. I also use this list to find new outstanding fundie stocks to add to my WatchList.<BR> <BR> I also use IBDs screen-of-the-day lists to find outstanding stocks to add to my WatchList.<BR> <BR> Andy<BR> <BR> In a message dated 12/28/2002 12:42:04 AM Central Standard Time, jcalkins@olypen.com writes:<BR> <BR> <BR> <BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">I see from your sheet, you show average volume such as Katherine does. You have a scoring system on your personal cryteria. I'm guessing that Katherine sticks with her forward growth > 15%, Price > $6, Average Daily Volume > 30, RS >60, < 15% Below 50 day MA, > (above) 200 day MA. Then does she manually look at each and every stock on a chart to see if it has a proper base? Is this what you do too? You don't have as many stocks in your list, and I haven't tried to examine their charts to see if you picked these because of their bases.</FONT><FONT COLOR="#000000" style="BACKGROUND-COLOR: #ffffff" SIZE=3 FAMILY="SANSSERIF" FACE="Arial" LANG="0"><BR> </BLOCKQUOTE><BR> </FONT><FONT COLOR="#000000" style="BACKGROUND-COLOR: #ffffff" SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0"><BR> </FONT></HTML> - --part1_163.1943dc26.2b40920f_boundary-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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