Fw: [CANSLIM] breakouts to come

From: "Gene Ricci" <genr@swbell.net>
Subject: Fw: [CANSLIM] breakouts to come
Date: Tue, 3 Jun 2003 11:46:46 -0500

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MessageAnn, we have a 'farmer' in our Dallas CANSLIM group that makes =
money buying stocks that are what some classify as extended (some add =
fully). I've been watching his picks for the past 2 years and his =
results are darn good as well as documented. His criteria:

EPS + RS >=3D 190
A/D =3D A
IBD Comp Rating >=3D 90=20

He buys stocks just as soon as they first meet these requirements.... =
certainly reduces the number of stocks that he watches.... I believe =
that his watchlist is limited to 15 total.

Of course he's buying heavily when 'M' is right and shorts when it =
isn't.

Uses stops for entry and trailing stops after in the trade (never lowers =
his stops).

Gene


 ----- Original Message -----=20
  From: Ann Hollingworth=20
  To: CANSLIM Listserv=20
  Sent: Monday, June 02, 2003 4:28 AM
  Subject: [CANSLIM] breakouts to come


  It seems to me, as I hunt through WR and IBD100, that there are a lot =
of=20
overextended stocks, and not to many on the right side of their cup or
ready to break out.

  It would seem to me that there could be two reasons for this:

  1. The rally is going to wane.

  2. The WR and IBD100 do not produce stocks at this state of their
development.

  Any comments??

  Ann

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<HTML><HEAD><TITLE>Message</TITLE>
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charset=3Diso-8859-1">
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<BODY bgColor=3D#ffffff background=3D""><FONT face=3D"Comic Sans =
MS">Ann, we have a=20
'farmer' in our Dallas CANSLIM group that makes money buying stocks that =
are=20
what some classify as extended (some add fully). I've been watching his =
picks=20
for the past 2 years and his results are darn good as well as =
documented. His=20
criteria:<BR><BR>EPS + RS &gt;=3D 190<BR>A/D =3D A<BR>IBD Comp Rating =
&gt;=3D 90=20
<BR><BR>He buys stocks just as soon as they first meet these =
requirements....=20
certainly reduces the number of stocks that he watches.... I believe =
that his=20
watchlist is limited to 15 total.<BR><BR>Of course he's buying heavily =
when 'M'=20
is right and shorts when it isn't.<BR><BR>Uses stops for entry and =
trailing=20
stops after in the trade (never lowers his=20
stops).<BR><BR>Gene<BR><BR><BR>&nbsp;</FONT><FONT face=3D"Times New =
Roman">-----=20
Original Message ----- <BR>&nbsp; From: Ann Hollingworth <BR>&nbsp; To: =
CANSLIM=20
Listserv <BR>&nbsp; Sent: Monday, June 02, 2003 4:28 AM<BR>&nbsp; =
Subject:=20
[CANSLIM] breakouts to come<BR><BR><BR>&nbsp; It seems to me, as I hunt =
through=20
WR and IBD100, that there are a lot of <BR>overextended stocks, and not =
to many=20
on the right side of their cup or<BR>ready to break out.<BR><BR>&nbsp; =
It would=20
seem to me that there could be two reasons for this:<BR><BR>&nbsp; 1. =
The rally=20
is going to wane.<BR><BR>&nbsp; 2. The WR and IBD100 do not produce =
stocks at=20
this state of their<BR>development.<BR><BR>&nbsp; Any =
comments??<BR><BR>&nbsp;=20
Ann</FONT></BODY></HTML>

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