Go to Jeff Salisbury LWGate Home Page.From: "Krueger, Kevin" <Kevin.Krueger@cardinal.com>
Subject: [CANSLIM] Slightly back on CANSLIM now (was RE: [CANSLIM] *** OFF TOPIC *** Anti CANSLIM ** Hit Delete )
Date: Wed, 23 Jul 2003 09:35:06 -0500
Next Article (by Author): Re: [CANSLIM] *** OFF TOPIC *** Anti CANSLIM ** Hit Delete RWElmer@aol.com
Previous Article (by Author): Re: [CANSLIM] Deduction Subject to 2% Limit "Jeff Sasmor"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------_=_NextPart_001_01C35127.9C755E46
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
=20
- -----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Tuesday, July 22, 2003 11:33 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] *** OFF TOPIC *** Anti CANSLIM ** Hit Delete=20
[Krueger, Kevin] [*snip]=20
=20
All in all, to make money consistently in the market, one has to=20
(1) Have a strategy that works and that matches their sensibility and =
risk tolerance
(2) Have tools that support that particular strategy
(3) Become a master at the strategy, constantly improving their =
abilities and execution
(4) Have a keen focus and disclipline.
=20
Pick any strategy you like, value investing, high growth investing, long =
term investing, short term swing trading, whatever. There are endless =
ways to make money in the market, but there are very few who are =
willling to do what it is necessary to become an expert at their chosen =
strategy.
=20
[Krueger, Kevin] Definitely excellent advice Katherine. Learn, =
understand, and try to excel in a system. If it doesn't work for you, =
modify your approach and try a different system. Myself, I was a value =
investor during the late 90's. I had mixed results, but more =
importantly, I found that that type of investing was not a satisfying =
approach for my personality. I'm finding the technical/fundamental =
approach very interesting, but I am a skeptic. I've been subscribing to =
IBD/reading WON/learning technical investing since Jan '03. After that =
short time, I feel WON's website, products, and books are there for 2 =
reasons: 1) Help the investors make profits, 2) Help WON make profits. =
Obviously no. 2 is primary. :) No. 1 is very solid as well. I enjoy the =
paper tremendously.
=20
I find this group to be excellent collaboration because there is a =
maturity in the analysis or opinions from the members that iterates the =
ideas that there is no "right" answer for every situation in a system =
and the individual investor must perform due diligence.=20
=20
BTW - my results so far this year are indicative (I think) of my =
skepticism in any one system. I've traded on sentimental value plays =
with mixed results (ANDW, ET). I've traded on speculative crap and lost =
(SMSI). I've traded on CANSLIM candidates outside of the pivot point (I =
was late to the rally and did not want to miss out) and have had some =
mixed success (BLTI, SOHU, LEND,THOR). I'm not trying to lose money =
while I learn, but I value the results of real world application of =
concepts ;)=20
=20
One question I have for CANSLIMers is on the primary (and hopefully most =
properous) approach you take for finding potential long positions . . . =
are you (1) finding stocks trading in a bullish technical pattern (i.e. =
cwh) and then selecting only those candidates with CANSLIM attributes or =
(2) finding CANSLIM candidates and monitoring them for the bullish =
technical pattern where you might take a position. (Assuming long plays =
only)
=20
Thanks
- -Curious Kevin
=20
Just so there's no misconception here, I know Vectorvest inside out, =
having used it for 5 years myself as a means for mining for CANSLIM =
candidates. It worked well enough though I have recently discontinued =
its use in favor of something else.
=20
CANSLIM is not for everybody. For those who invest the time to learn it =
well, the rewards are super.
=20
Katherine
[Krueger, Kevin] [*snip]=20
- ------_=_NextPart_001_01C35127.9C755E46
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns:o =3D "urn:schemas-microsoft-com:office:office"><HEAD>
<META HTTP-EQUIV=3D"Content-Type" CONTENT=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2726.2500" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2></FONT> </DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B> Katherine Malm=20
[mailto:kmalm@earthlink.net]<BR><B>Sent:</B> Tuesday, July 22, 2003 =
11:33=20
PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> RE: =
[CANSLIM]=20
*** OFF TOPIC *** Anti CANSLIM ** Hit Delete <BR><BR></FONT></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2>[Krueger,=20
Kevin] [*snip] </FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003>All in all, to make money =
consistently in=20
the market, one has to </SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003>(1) Have a strategy that works =
and that=20
matches their sensibility and risk tolerance</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003>(2) Have tools that support that =
particular strategy</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003>(3) Become a master at the =
strategy,=20
constantly improving their abilities and execution</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003>(4) Have a keen focus and=20
disclipline.</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003>Pick any strategy you like, =
value=20
investing, high growth investing, long term investing, short term =
swing=20
trading, whatever. There are endless ways to make money in the market, =
but=20
there are very few who are willling to do what it is necessary to =
become an=20
expert at their chosen strategy.<BR><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2> </FONT></SPAN><BR><SPAN=20
class=3D824565013-23072003><FONT face=3DArial color=3D#0000ff =
size=3D2>[Krueger,=20
Kevin] Definitely excellent advice Katherine. Learn, understand, =
and try=20
to excel in a system. If it doesn't work for you, modify your =
approach=20
and try a different system. Myself, I was a value investor =
during=20
the late 90's. I had mixed results, but more importantly, =
I found=20
that that type of investing was not a =
satisfying approach=20
for my personality. I'm finding the technical/fundamental =
approach very=20
interesting, but I am a skeptic. I've been subscribing to IBD/reading=20
WON/learning technical investing since Jan '03. After that short time, =
I feel=20
WON's website, products, and books are there for 2 reasons: 1) Help =
the=20
investors make profits, 2) Help WON make profits. Obviously no. 2 is =
primary.=20
:) No. 1 is very solid as well. I enjoy the paper=20
tremendously.</FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2>I find this group to be =
excellent=20
collaboration because there is a maturity in the analysis or opinions=20
from the members that iterates the ideas that there is no =
"right"=20
answer for every situation in a system and the individual investor =
must=20
perform due diligence. </FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2>BTW - my results so far this =
year are=20
indicative (I think) of my skepticism in any one system. I've traded =
on=20
sentimental value plays with mixed results (ANDW, ET). I've traded on=20
speculative crap and lost (SMSI). I've traded on CANSLIM candidates =
outside of=20
the pivot point (I was late to the rally and did not want to =
miss=20
out) and have had some mixed success (BLTI, SOHU, LEND,THOR). =
I'm not=20
trying to lose money while I learn, but I value the results of real =
world=20
application of concepts ;) </FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2>One question I have for =
CANSLIMers is on the=20
primary (and hopefully most properous) approach you take for =
finding=20
potential long positions . . . are you (1) finding stocks =
trading in=20
a bullish technical pattern (i.e. cwh) and then selecting only those=20
candidates with CANSLIM attributes or (2) finding CANSLIM candidates =
and=20
monitoring them for the bullish technical pattern where you =
might take a=20
position. (Assuming long plays only)</FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff =
size=3D2>Thanks</FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003><SPAN =
class=3D824565013-23072003><FONT=20
face=3DArial color=3D#0000ff size=3D2>-Curious =
Kevin</FONT></SPAN></SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003>Just so there's no misconception =
here, I=20
know Vectorvest inside out, having used it for 5 years myself as a =
means for=20
mining for CANSLIM candidates. It worked well enough though I =
have=20
recently discontinued its use in favor of something else.</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003>CANSLIM is not for =
everybody. For=20
those who invest the time to learn it well, the rewards are=20
super.</SPAN></DIV>
<DIV><SPAN class=3D000455603-23072003></SPAN><SPAN=20
class=3D000455603-23072003></SPAN> </DIV>
<DIV><SPAN class=3D000455603-23072003>Katherine</SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px"><SPAN=20
class=3D824565013-23072003><FONT face=3DArial color=3D#0000ff =
size=3D2>[Krueger,=20
=
Kevin] [*snip] </FONT></SPAN></BLOCKQUOTE></BLOCKQUOTE></BODY><=
/HTML>
- ------_=_NextPart_001_01C35127.9C755E46--
- -
- -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] *** OFF TOPIC *** Anti CANSLIM ** Hit Delete RWElmer@aol.com
Previous Article (by Author): Re: [CANSLIM] Deduction Subject to 2% Limit "Jeff Sasmor"
Articles sorted by: [Date]
[Author]
[Subject]