Re: [CANSLIM] MSN Money Screener Search


From: "John Calkins" <jcalkins@olypen.com>
Subject: Re: [CANSLIM] MSN Money Screener Search
Date: Fri, 17 Jan 2003 00:11:32 -0800

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Thank you Katherine for teaching me how to fish.  Interestingly, of the =
317 names that I found as you showed me, I used your CWH charts to look =
at each stock.  I found a little more than half had charts that had =
bases worth concidering a closer look.  But just going through each =
chart, with a high speed connection took me nearly 6 hours, a couple of =
hours each of 3 evenings.  Would you recommend looking at a simpler, =
faster chart first like your link to bigcharts to get a quick pattern =
scan and start culling out the poor patterns from there?  You said you =
didn't grade the chart patterns. If you don't somehow develope a pattern =
grading system, like at least Mike does in his Weekend Review, then how =
do you proceed from here?  If I don't want to look at so many charts and =
you recommend that you like the U/D volume to be higher, would you =
recommed screening the U/D volume at say 1.5?

Thanks

JC
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, January 12, 2003 6:55 AM
  Subject: RE: [CANSLIM] MSN Money Screener Search


  Hi John,

  You won't be able to duplicate my results on MSN because my forward =
growth rates come from VectorVest and because I'm not sure how MSN =
calculates their Relative Strength Rankings. DGO, HGS and my site use a =
price weighted 12 month ranking which puts 40% of the weight on the most =
recent quarter and 20% weight on each of the preceding quarters.

  MSN, like DGO's screener, has an infuriating habit of limiting the =
number of results from any search to < 200. You'll have to break down a =
broad-based search like this into 2 parts to pick up all the stocks for =
RS>=3D60. Each time you run it, you have to check that the query has not =
cut off any of your results, then adjust the break point in the RS to =
accommodate a result of <200 stocks. This particular MSN clone search =
resulted in 317 names, so I'm afraid the overlap is not that great. In =
comparing my personal CANSLIM Hunting screen to the MSN screen below, =
there were 179 names in common, 332 names on my list but not on the MSN =
list, and 138 names on the MSN list but not on my Hunting list. I have =
used the "EPS Growth Next Yr" as a proxy for the VectorVest forward =
growth rate, but you might want to experiment a bit with their other =
available forward estimated growth rates such as "Next Yr Growth Rate." =
I have a friend who uses this particular field and sets is to a slightly =
lower rate (10-12.5 or so).

        EPS Growth Next Yr >=3D 15=20
        Last Price >=3D 6=20
        Avg. Daily Vol. Last Month >=3D 30000=20
        Last Price >=3D 0.85*50-Day Moving Average=20
        Last Price >=3D 200-Day Moving Average=20
        12-Month Relative Strength >=3D 60=20
        12-Month Relative Strength <=3D 84=20
      =20
      =20
      =20
        EPS Growth Next Yr >=3D 15=20
        Last Price >=3D 6=20
        Avg. Daily Vol. Last Month >=3D 30000=20
        Last Price >=3D 0.85*50-Day Moving Average=20
        Last Price >=3D 200-Day Moving Average=20
        12-Month Relative Strength >=3D 85

        --Katherine=20

    -----Original Message-----
    From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of John Calkins
    Sent: Sunday, January 12, 2003 12:11 AM
    To: canslim@lists.xmission.com
    Subject: [CANSLIM] MSN Money Screener Search


    Katherine,

    Could you show me on how to replicate some of your screens on MSN.  =
I'm not sure if I understand it's limitations.  I don't think it will =
let me enter percentages.

    jc


    =
http://moneycentral.msn.com/investor/invsub/finder/finderx.asp?Query=3DSV=
1QF219Z04L15ZF3Z04L6ZF114Z04L30000ZF253Z04L60ZF250Z03F250ZF251Z04F251Z&Na=
me=3DKMclone1&Tickers=3D200



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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Thank you Katherine for teaching me how =
to=20
fish.&nbsp; Interestingly, of the 317 names that I found as you showed =
me, I=20
used your CWH charts to look at each stock.&nbsp; I found a little more =
than=20
half had charts that had bases worth concidering a closer look.&nbsp; =
But just=20
going through each chart, with a high speed connection took me nearly 6 =
hours, a=20
couple of hours each of 3 evenings.&nbsp; Would you recommend looking at =
a=20
simpler, faster chart first like your link to bigcharts to get a quick =
pattern=20
scan and start culling out the poor patterns from there?&nbsp; You said =
you=20
didn't grade the chart patterns. If you don't somehow develope a pattern =
grading=20
system, like at least Mike does in his Weekend Review, then how do you =
proceed=20
from here?&nbsp; If I don't want to look at so many charts and you =
recommend=20
that you like the U/D volume to be higher, would you recommed screening =
the U/D=20
volume at say 1.5?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Thanks</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>JC</FONT></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>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, January 12, 2003 =
6:55=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] MSN =
Money Screener=20
  Search</DIV>
  <DIV><BR></DIV>
  <DIV><SPAN class=3D593152507-12012003>Hi John,</SPAN></DIV>
  <DIV><SPAN class=3D593152507-12012003></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D593152507-12012003>You won't be able to duplicate =
my results=20
  on MSN because my forward growth rates come from VectorVest and =
because I'm=20
  not sure how MSN calculates their Relative Streng</SPAN><SPAN=20
  class=3D593152507-12012003>th Rankings. DGO, HGS and my site use a =
price=20
  weighted 12 month ranking which puts 40% of the weight on the most =
recent=20
  quarter and 20% weight on each of the preceding quarters.</SPAN></DIV>
  <DIV><SPAN class=3D593152507-12012003></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D593152507-12012003>MSN, like DGO's =
screener,&nbsp;has an=20
  infuriating habit of limiting the number of results from any search to =
&lt;=20
  200. You'll have to break down a broad-based search like this into 2 =
parts to=20
  pick up all the stocks for RS&gt;=3D60. Each time you run it, you have =
to check=20
  that the query has not cut off any of your results, then adjust the =
break=20
  point in the RS to accommodate a result of &lt;200 stocks. This =
particular MSN=20
  clone search resulted in 317 names, so I'm afraid the overlap is not =
that=20
  great. In comparing my personal CANSLIM Hunting screen to the MSN =
screen=20
  below, there were 179 names in common, 332 names on my list but not on =
the MSN=20
  list, and 138 names on the MSN list but not on my Hunting list. I have =
used=20
  the "EPS Growth Next Yr" as a proxy for the VectorVest forward growth =
rate,=20
  but you might want to experiment a bit with their other available =
forward=20
  estimated growth rates such as "Next Yr Growth Rate." I have a friend =
who uses=20
  this particular field and sets is to a slightly lower rate (10-12.5 or =

  so).</SPAN></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>
  <TABLE style=3D"WIDTH: 191pt; BORDER-COLLAPSE: collapse" =
cellSpacing=3D0=20
  cellPadding=3D0 width=3D255 border=3D0 x:str>
    <COLGROUP>
    <COL style=3D"WIDTH: 191pt; mso-width-source: userset; =
mso-width-alt: 9325"=20
    width=3D255>
    <TBODY>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; WIDTH: 191pt; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; =
BACKGROUND-COLOR: transparent"=20
      width=3D255 height=3D17><FONT face=3DArial size=3D2>EPS Growth =
Next Yr &gt;=3D=20
        15</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D =
6</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial><FONT size=3D2>Avg. Daily Vol. Last =
Month &gt;=3D=20
        30<SPAN =
class=3D593152507-12012003>000</SPAN></FONT></FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D =
0.85*50-Day Moving=20
        Average</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D 200-Day =
Moving=20
        Average</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>12-Month Relative Strength =
&gt;=3D=20
        60</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>12-Month Relative Strength =
&lt;=3D=20
        84</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2></FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2></FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2></FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>EPS Growth Next Yr &gt;=3D =

    15</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D =
6</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial><FONT size=3D2>Avg. Daily Vol. Last =
Month &gt;=3D=20
        30<SPAN =
class=3D593152507-12012003>000</SPAN></FONT></FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D =
0.85*50-Day Moving=20
        Average</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17><FONT face=3DArial size=3D2>Last Price &gt;=3D 200-Day =
Moving=20
        Average</FONT></TD></TR>
    <TR style=3D"HEIGHT: 12.75pt" height=3D17>
      <TD=20
      style=3D"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: =
#ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: =
transparent"=20
      height=3D17>
        <DIV><FONT face=3DArial size=3D2>12-Month Relative Strength =
&gt;=3D=20
        85</FONT></DIV>
        <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
        <DIV><SPAN class=3D593152507-12012003><FONT face=3DArial=20
        =
size=3D2>--Katherine</FONT></SPAN></DIV></TD></TR></TBODY></TABLE></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 </B>John=20
    Calkins<BR><B>Sent:</B> Sunday, January 12, 2003 12:11 =
AM<BR><B>To:</B>=20
    canslim@lists.xmission.com<BR><B>Subject:</B> [CANSLIM] MSN Money =
Screener=20
    Search<BR><BR></FONT></DIV>
    <DIV><FONT face=3DArial size=3D2>Katherine,</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>Could you show me on how to =
replicate some of=20
    your screens on MSN.&nbsp; I'm not sure if I understand it's=20
    limitations.&nbsp; I don't think it will let me enter=20
    percentages.</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>jc</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV><A=20
    =
href=3D"http://moneycentral.msn.com/investor/invsub/finder/finderx.asp?Qu=
ery=3DSV1QF219Z04L15ZF3Z04L6ZF114Z04L30000ZF253Z04L60ZF250Z03F250ZF251Z04=
F251Z&amp;Name=3DKMclone1&amp;Tickers=3D200">http://moneycentral.msn.com/=
investor/invsub/finder/finderx.asp?Query=3DSV1QF219Z04L15ZF3Z04L6ZF114Z04=
L30000ZF253Z04L60ZF250Z03F250ZF251Z04F251Z&amp;Name=3DKMclone1&amp;Ticker=
s=3D200</A><BR><BR></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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