Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM
Date: Mon, 24 Feb 2003 14:31:57 -0500
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MessageDuke,
What the "classroom" taught me was to change some of my style. I raised =
my upper price threshold, originally I only really looked at stocks up =
to the mid teens in price, now my upper limit for both screening, and =
buying, is the mid-20s. I also raised my size criteria, and will now =
look up to $850 million cap, instead of the $350 million or so size.
While I still look almost exclusively at tech stocks, I found myself =
more sector oriented, currently focused on internet and hardware =
security. Before I took much more of a shotgun approach, and pretty much =
disregarded sectors and industries, and which ones were doing better.
- ----- Original Message -----=20
From: Duke Miller=20
To: canslim@lists.xmission.com=20
Sent: Monday, February 24, 2003 2:19 PM
Subject: RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM
Tom:
I've been "off this board" for some time, as you know, but nothing has =
changed. You STILL are "eternally bullish" and there's not a thing =
wrong with that. However, can the "classroom" you speak of yield =
worthwhile knowledge when the conditions (markets) are NOT there? It's =
like students showing up to a finance class only to find a biology =
teacher mistakenly sent to substitute for the regular teacher. =20
Compromising on rules is a euphemism, Tom, for roulette! I'd rather be =
"stuck in cash" than wallowing in ash!!
Duke=20
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley
Sent: Monday, February 24, 2003 11:49 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on =
CANSLIM
It still applies, but requires a far higher degree of caution, and =
greater risk. It also produces a great "classroom" environment for paper =
trading, and refining your watch list.
If this market continues to move sideways for years to come as =
Katherine previously suggested (and I must grudgingly admit is right so =
far, despite my nearly eternal bullish attitude), those practitioners of =
CANSLIM will either find themselves forever stuck in cash, or making =
further compromises on the rules and standards of CANSLIM. It will take =
time and effort to figure out what can still work in this kind of "M".
----- Original Message -----=20
From: E2moskow@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Monday, February 24, 2003 11:36 AM
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on =
CANSLIM
Hi Canslimers:=20
Or should I say "MILSNACer"s, I think the Duke is on to something, =
if M is not=20
good the rest does not apply.------------------>Morris
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<DIV><FONT face=3DArial>Duke,</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>What the "classroom" taught me was to change =
some of my=20
style. I raised my upper price threshold, originally I only really =
looked at=20
stocks up to the mid teens in price, now my upper limit for both =
screening, and=20
buying, is the mid-20s. I also raised my size criteria, and will now =
look up to=20
$850 million cap, instead of the $350 million or so size.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>While I still look almost exclusively at tech =
stocks, I=20
found myself more sector oriented, currently focused on internet and =
hardware=20
security. Before I took much more of a shotgun approach, and pretty much =
disregarded sectors and industries, and which ones were doing=20
better.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Ddukemill@tampabay.rr.com =
href=3D"mailto:dukemill@tampabay.rr.com">Duke=20
Miller</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Monday, February 24, 2003 2:19 PM</DIV>
<DIV><B>Subject:</B> RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes =
on=20
CANSLIM</DIV></DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D453370919-24022003><FONT =
face=3DArial>Tom:</FONT></SPAN></DIV>
<DIV><SPAN class=3D453370919-24022003><FONT =
face=3DArial></FONT></SPAN> </DIV>
<DIV><SPAN class=3D453370919-24022003><FONT face=3DArial>I've been "off =
this board"=20
for some time, as you know, but nothing has changed. You STILL are =
"eternally bullish" and there's not a thing wrong with that. =
However, can=20
the "classroom" you speak of yield worthwhile knowledge when =
the=20
conditions (markets) are NOT there? It's like students showing up =
to a=20
finance class only to find a biology teacher mistakenly sent =
to=20
substitute for the regular teacher. </FONT></SPAN></DIV>
<DIV><SPAN class=3D453370919-24022003></SPAN> </DIV>
<DIV><SPAN class=3D453370919-24022003><FONT face=3DArial>Compromising on =
rules=20
is a euphemism, Tom, for roulette! I'd rather be "stuck =
in cash"=20
than wallowing in ash!!</FONT></SPAN></DIV>
<DIV><SPAN class=3D453370919-24022003></SPAN> </DIV>
<DIV><SPAN class=3D453370919-24022003><FONT=20
face=3DArial>Duke</FONT> </SPAN></DIV>
<BLOCKQUOTE style=3D"MARGIN-RIGHT: 0px">
<DIV></DIV>
<DIV class=3DOutlookMessageHeader lang=3Den-us dir=3Dltr =
align=3Dleft><FONT=20
face=3DTahoma size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]=20
<B>On Behalf Of </B>Tom Worley<BR><B>Sent:</B> Monday, February 24, =
2003 11:49=20
AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM]=20
CANSLIM Hunting List 02/21/03 + Notes on CANSLIM<BR><BR></FONT></DIV>
<DIV><FONT face=3DArial>It still applies, but requires a far higher =
degree of=20
caution, and greater risk. It also produces a great "classroom" =
environment=20
for paper trading, and refining your watch list.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>If this market continues to move sideways for =
years to=20
come as Katherine previously suggested (and I must grudgingly admit is =
right=20
so far, despite my nearly eternal bullish attitude), those =
practitioners of=20
CANSLIM will either find themselves forever stuck in cash, or making =
further=20
compromises on the rules and standards of CANSLIM. It will take time =
and=20
effort to figure out what can still work in this kind of =
"M".</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3DE2moskow@aol.com =
href=3D"mailto:E2moskow@aol.com">E2moskow@aol.com</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Monday, February 24, 2003 11:36 AM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + =
Notes on=20
CANSLIM</DIV></DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Hi =
Canslimers:=20
<BR> Or should I say "MILSNACer"s, I think the =
Duke is=20
on to something, if M is not <BR>good the rest does not=20
apply.------------------>Morris</FONT> =
</FONT></BLOCKQUOTE></BODY></HTML>
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Previous Article (by Date): RE: [CANSLIM] POSS Sol Mayer
Top of Thread: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM "Tom Worley"
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