RE: [CANSLIM] Comments on COLM, UTSI, HOV?

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] Comments on COLM, UTSI, HOV?
Date: Thu, 8 May 2003 09:16:44 -0500

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- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Thursday, May 08, 2003 8:13 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Comments on COLM, UTSI, HOV?


Hi Rolf, Chris,

I noticed the comment about the industry ranks of 38 and 11 as being "not
good" and "just OK" as well. Whether the rankings are based on the IBD, HGS
or cwhcharts.com site, then a *low* ranking number would be a good thing.
That is 11th out of 197, 200, or 192 industries is an industry that falls in
the *top* quartile of all industries.

The 3 industries in question look like this in our system:

COLM's industry (Textile Apparel Mfg): 51st out of 192 (top 50%)
http://www.cwhcharts.com/katherine/TexAparMfg050703.JPG

UTSI's industry (Telecom Equip): 85th out of 192 (top 50% and rose quickly
to get there)
http://www.cwhcharts.com/katherine/TelEquip050703.JPG

HOV's industry (Bldg Residential Commercial): 11th out of 192 (top 25%)
http://www.cwhcharts.com/katherine/BldResComm050703.JPG


If you use our CANSLIM evaluator and click on the industry rank to see these
charts, there is a "Methodology" button that explains the ranking and
scoring systems. This is one area where we've made a departure from the
IBD/HGS rankings, using the overall technical condition of each stock in the
industry rather than average price action of stocks in the industry to
determine rank. You can also read the methodology at
http://www.breakoutwatch.com/industry_methodology.htm

Katherine




- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Rolf Hertenstein
Sent: Thursday, May 08, 2003 6:41 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Comments on COLM, UTSI, HOV?


When you mention the Industry Rank of 38 (not good) and 19 (just OK), are
you referring to the rank on IBD's 197 group list?

Thanks!
 Rolf

- ----- Original Message -----
From: "Tomas" <tomas986@yahoo.com>


> Chris,
>
> Here's my take.
>
>
> COLM - Fundies ok, Industry rank is 38.  Not good.
> Anyone put a lot of weight on this?  Not sure if this
> is a "good" CwH.  The handle price should be below the
> left cup.
>
> UTSI - Not sure about this graph.  Does look like a
> nice CwH.  Maybe the handle is not well developed yet.
>
> HOV - Fundies is good. Industry rank is 19, which is
> just ok.  I see the handle from 3/21 - 4/1.  The BO is
> on 4/2 with increased volume.  If you cansider that,
> then today price is well extended and today's big
> volume with price jump might be a good sign to sell.
> Anyone agree with my analysis? Or am I missing the
> whole boat? :).
>
>
> --- Chris Jones <SwingKid104@attbi.com> wrote:
> > Hi All.  Just wondering if anybody had any comments
> > on COLM, UTSI, or HOV.  Here's my novice analysis.
> >
> > COLM - Looks like a CwH, does it matter that it
> > gapped down and up?  Fundies/IBD looks pretty good,
> > but only 12 out of 18 on the CANSLIM Evaluation @
> > cwhcharts.com.
> >
> > UTSI - I see a CwH from May-02 to present.  But I
> > also see the Handle as a smaller CwH.  Anyone else
> > see this?  Does that make it any more significant?
> > Fundies/IBD also looks pretty good.  15 out of 18 on
> > the CANSLIM Eval.
> >
> > HOV - Looks like a CwH.  Volume contracted
> > appropriately during the handle.  Nice breakout
> > today on 2x ADV.  Again, Fundies/IBD looks pretty
> > good.  14 out of 18 on the CANSLIM Eval.
> >
> > All three stocks are on the IBD100 list.
> >
> > Any of them look particularly tempting?
> >
> > Thanks for your comments!
> >
> > Chris
>
>
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