Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: [CANSLIM] CANSLIM Hunting List Updated 01/10/03
Date: Sat, 11 Jan 2003 16:50:28 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_000A_01C2B991.8B7A74D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi All, I've uploaded the latest CANSLIM Hunting list to: http://cwhcharts.com/katherine/CANSLIMHunting011003.xls ( quite slow to load) http://cwhcharts.com/katherine/CANSLIMHunting011003.zip ( a zipped version for download) *Please note that these spreadsheets were prepared with Excel 2000 for Windows. If you have older versions of Excel or use a Mac version, you will not be able to view them properly. If you do not have Excel, see http://office.microsoft.com/downloads/2000/xlviewer.aspx for a free viewer. In order to make it to the list, the stock had to have a forward growth rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS at least 60, no more than 15% below the 50 day SMA, and at or above the 200 day SMA. This is what I consider to be "bare bones" requirements for CANSLIM quality stocks. (Note that if you follow stricter CANSLIM guidelines, you can use the autofilter feature in each column and view only Price>=$12 (or 15) and AvgVol>=100000.) Other information included is industry name (slightly different than DGO's names, but close), price, avg vol, and links to graphs and due diligence sites on the internet. I've also added a couple of special columns this month which show the relative outperformance of each stock. You'll find a column for the % change in price since the market low 10/10/02 and another column which shows the direction of the RS Line since the 10/10 market low. If the RS Line (RS compared to S&P500) has been going up since that date (indicating outperformance relative to the market), it is indicated with a "+". Be sure to note that there are 4 sheets in the workbook. The first sheet has the listed stocks; others include a list of stocks dropped from the list, a summary of stocks by sector, and a sheet with misc. links for free info on the web. If you'd like to look at last month's hunting list, you will find it at: http://www.cwhcharts.com/katherine/CANSLIMHunting122002.zip This month there are a substantial 511 names, up 35 names from the list I posted last month. This month, 122 names fell from the list, but only 146 names are new and 365 names are repeats. This is the best action I've seen in quite a while, as the number of stocks repeating from last month to this has risen substantially. In order to see a sustainable advance, we need to see more stocks becoming and then *staying* strong from one month to the next and there's certainly some evidence of that in the new hunting list. This is particularly important given that the markets have been moving through a correction (beginning 12/2) off the 10/10/02 market low. Recent follow fresh through days in all the major indices and the addition of more and more tech stocks are both good signs. I thought there were some interesting drops from the list this month including WTW, a new issue that has been doing very well since going public. On 1/7 it fell below its 200 day MA, causing it to drop off the list. Guess the run up was in *anticipation* of all those New Year's resolutions, but if the price action is any indication of people's stick-to-itiveness, I suppose they'll be dropping out of their new weight loss programs within the first couple of months this year! One item worth reviewing is the action in stocks such as this that have been very strong in the last year but are starting to show some wear and tear. Examples include APOL, COCO and JCOM (find these by filtering for stocks where the RSL line has been decreasing since the market low, "-" in the last column). Strong stocks such as this have been correcting while the rest of the market has been moving up--something worth noting in the grand scheme of a fairly rotational market. Happy Hunting, Katherine - ------=_NextPart_000_000A_01C2B991.8B7A74D0 Content-Type: text/html; charset="iso-8859-1" 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=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1126" name=3DGENERATOR></HEAD> <BODY> <DIV> <DIV> <DIV>Hi All,</DIV> <DIV> </DIV> <DIV>I've uploaded the latest CANSLIM Hunting list to:</DIV> <DIV> </DIV> <DIV><A=20 href=3D"http://cwhcharts.com/katherine/CANSLIMHunting011003.xls">http://<= SPAN=20 class=3D906271822-11012003>cwhcharts.com/katherine</SPAN>/CANSLIMHunting<= SPAN=20 class=3D906271822-11012003>011003</SPAN>.xls</A> ( <SPAN=20 class=3D906271822-11012003>quite</SPAN> slow to load)</DIV> <DIV><A=20 href=3D"http://cwhcharts.com/katherine/CANSLIMHunting011003.zip">http://<= SPAN=20 class=3D906271822-11012003>cwhcharts.com/katherine</SPAN>/CANSLIMHunting<= SPAN=20 class=3D906271822-11012003>011003</SPAN>.<SPAN = class=3D906271822-11012003>zip</A>=20 </SPAN> ( a zipped version for download)</DIV> <DIV>*Please note that these spreadsheets were prepared with Excel 2000 = for=20 Windows. If you have older versions of Excel or use a Mac version, you = will not=20 be able to view them properly. If you do not have Excel, see <A=20 href=3D"http://office.microsoft.com/downloads/2000/xlviewer.aspx">http://= office.microsoft.com/downloads/2000/xlviewer.aspx</A> for=20 a free viewer.</DIV> <DIV> </DIV> <DIV> <DIV>In order to make it to the list, the stock had to have a forward = growth=20 rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS = at least=20 60, no more than 15% below the 50 day SMA, and at or above the 200 day = SMA. This=20 is what I consider to be "bare bones" requirements for CANSLIM quality = stocks.=20 (Note that if you follow stricter CANSLIM guidelines, you can use the = autofilter=20 feature in each column and view only Price>=3D$12 (or 15) and=20 AvgVol>=3D100000.) Other information included is industry name = (slightly=20 different than DGO's names, but close), price, avg vol, and links = to=20 graphs and due diligence sites on the internet. I've also added a couple = of <SPAN class=3D906271822-11012003>special = </SPAN>columns <SPAN=20 class=3D906271822-11012003>this month which show the </SPAN>relative=20 outperformance of <SPAN class=3D906271822-11012003>each = </SPAN>stock. You'll=20 find a column for the <SPAN class=3D906271822-11012003>% change in = price=20 since the market low 10/10/02 and another column which shows the = direction of=20 the </SPAN>RS Line since the 10/10 market low. If the RS Line (RS = compared to=20 S&P500) has been going up since that date (indicating outperformance = relative to the market), it is indicated with a "+". <SPAN=20 class=3D906271822-11012003>Be sure to </SPAN>note that there are 4 = sheets in the=20 workbook. The first sheet has the listed stocks<SPAN = class=3D906271822-11012003>;=20 </SPAN>others include a list of stocks dropped from the list, a summary = of=20 stocks by sector, and a sheet with misc. links for free info on the = web.</DIV> <DIV> </DIV> <DIV>If you'd like to look at last month's hunting list, you will find = it=20 at:</DIV> <DIV><A=20 href=3D"http://www.cwhcharts.com/katherine/CANSLIMHunting122002.zip">http= ://<SPAN=20 class=3D906271822-11012003>www.cwhcharts.com/katherine</SPAN>/CANSLIMHunt= ing<SPAN=20 class=3D906271822-11012003>122002</SPAN>.zip</A></DIV> <DIV> </DIV> <DIV>This month there are <SPAN class=3D906271822-11012003>a = substantial=20 </SPAN><SPAN class=3D906271822-11012003>511</SPAN> names, up <SPAN=20 class=3D906271822-11012003>35 </SPAN>names from the list I posted last=20 month. This month, <SPAN class=3D906271822-11012003>122 = </SPAN>names=20 fell from the list, <SPAN class=3D906271822-11012003>but only = 146 names=20 are new </SPAN>and <SPAN = class=3D906271822-11012003>365</SPAN> names are=20 repeats. <SPAN class=3D906271822-11012003>This is the best action = I've seen=20 in quite a while, as the number of stocks repeating from last month to = this has=20 risen substantially. In order to see a sustainable advance, we need to = see more=20 stocks becoming and then *staying* strong from one month to the next and = there's certainly some evidence of that in the new hunting list. = This is=20 particularly important given that the markets have been moving through a = correction (beginning 12/2) off the 10/10/02 market low. Recent = follow=20 fresh through days in all the major indices and the addition = of more and=20 more tech stocks are both good signs.</SPAN></DIV> <DIV><SPAN class=3D906271822-11012003></SPAN> </DIV> <DIV><SPAN class=3D906271822-11012003>I thought there were some = interesting drops=20 from the list this month including WTW, a new issue that has been doing = very=20 well since going public. On 1/7 it fell below its 200 day MA, causing it = to drop=20 off the list. Guess the run up was in *anticipation* of all those New = Year's=20 resolutions, but if the price action is any indication of people's=20 stick-to-itiveness, I suppose they'll be dropping out of their new = weight loss=20 programs within the first couple of months this year! </SPAN><SPAN=20 class=3D906271822-11012003>One item worth reviewing is the action in = stocks such=20 as this that have been very strong in the last year but are starting to = show=20 some wear and tear. Examples include APOL, COCO and JCOM (find these by=20 filtering for stocks where the RSL line has been decreasing since the = market=20 low, "-" in the last column). Strong stocks such as this have been = correcting=20 while the rest of the market has been moving up--something worth noting = in the=20 grand scheme of a fairly rotational market.</SPAN></DIV> <DIV><SPAN class=3D906271822-11012003></SPAN> </DIV></DIV> <DIV>Happy Hunting,</DIV> <DIV>Katherine</DIV></DIV></DIV></BODY></HTML> - ------=_NextPart_000_000A_01C2B991.8B7A74D0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Author): RE: [CANSLIM] CANSLIM Hunting List Updated 01/10/03 "Katherine Malm"
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