Re: [CANSLIM] filter


From: "Gene Ricci" <genr@swbell.net>
Subject: Re: [CANSLIM] filter
Date: Wed, 6 Aug 2003 14:31:11 -0500

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Hi Katherine, I'm pretty sure that the RS ranks are not based over the =
prior 52 weeks.
And, I have found the MSN screener to be very effective.=20

Gene
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Wednesday, August 06, 2003 2:21 PM
  Subject: RE: [CANSLIM] filter


  Hi Jeff,

  I might add a note of caution on using the MSN screener. That is, =
their RS ranks are based on a flat change in price over the prior 52 =
weeks. This is significantly different than IBD's RS ranks, which are =
weighted so that the price action in the most recent quarter carries =
more weight (40%), while previous quarter's each carry 20% weight. The =
other difference in RS ranks is that the database over which they are =
determined is very different. RS ranks for the IBD are based on a =
universe of stocks which includes *only* common stocks on the major US =
(NASDAQ, NYSE, AMEX) and Canadian exchanges, plus closed end bond and =
equity funds. From what I remember, MSN RS ranks are calculated across =
all equities in the US markets, including warrants and preferreds. While =
the RS ranks at MSN are indeed useful, you would not be emulating the =
IBD rankings for purposes of filtering your stocks.

  Katherine
    -----Original Message-----
    From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of DMC197807
    Sent: Wednesday, August 06, 2003 2:08 PM
    To: canslim@lists.xmission.com
    Subject: Re: [CANSLIM] filter


    Jeff,

    If you're using a free scanner, why don't you use the one Gene =
posted a couple of days ago (I'll repost his post) and play with the =
criteria there.  If I adjust relative strength to 80 or above it spits =
out 15 names.

    As for CANSLIM criteria, after M one supposes they are all =
important, and my descending order is no better (could be a lot worse) =
than anyone else's.  However, you are asking a question that I answered =
2 days ago, at least from my perspective.  This is from my note on 8/4 =
to Yien:


    <<Good, that's a bunch of information that you can't use.  Now, for =
some you
    can.  There are only 3 numbers which matter, when all the dust is =
settled.
    They are NOT p/e, d/e, current ratio, PEG, profit margin or =
inventory
    turnover.

    THEY ARE:  Price paid for shares, Price received for shares, Time =
held.

    Now, MILSCAN (Canslim to some of you) is a very interesting =
approach, and
    can possibly, with strong position and money management systems, =
help you to
    buy low and sell high in a timely timeframe.

    Here's how I think of these factors, in descending order of =
importance:

    <<M is for the market and the market trend.  We are at an inflection =
point
    here, so it's lookout below, or perhaps lookout above.

    N is for new highs in the stock, breaking out above the pivot point

    L is for an relative strength rating of 70 or better

    A is for annual earnings growth (this is for additional comfort)

    C is for current quarterly earnings (this is for additional comfort)

    I is for institutional sponsorship  (this is a timing issue--I think =
I trust
    the chart over this, for some reason)

    S is for supply of stock (looking for a relatively low no. of =
shares--here I
    want to exclude the over-issued monsters like CSCO and INTC where it =
will
    take a ton of momentum to move the billions of shares outstanding).

    In closing, using TA and FA together is a good idea, but when in =
conflict,
    trust the TA.  Remember, out of 7000 stocks we are looking for 1 or =
2 names
    a week on which to carefully place our hopes. >>

    DMC
      ----- Original Message -----=20
      From: Jeff Henderson=20
      To: canslim@lists.xmission.com=20
      Sent: Wednesday, August 06, 2003 11:40 AM
      Subject: RE: [CANSLIM] filter


      Sorry about the misunderstanding I was using the CANSLIM acronym.  =
I'll explain my filter again.  First off I use MSN as my filter source.  =
Here is my filter that I use: current earnings per share (the same =
quarter a year ago)>=3D70%, annual earnings per share over the past 5 =
years, >=3D 24% compounded, shares outstanding<25,000,000, relative =
strength> 80%.

      =20

      -----Original Message-----
      From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807
      Sent: Wednesday, August 06, 2003 11:23 AM
      To: canslim@lists.xmission.com
      Subject: Re: [CANSLIM] filter

      =20

      Jeff,

      =20

      I don't understand which filter/scan you are using, or what all =
your variables mean.  If you're using a public scan or stockcharts, =
maybe you can put in a link here?

      =20

      If C =3D capitalization and you are using only the top 30% of =
stocks you've filtered out way too many stocks already.  In =
capitalization I only filter out the very top stocks, but that's just =
me.  I don't know what your S is.  For relative strength I use the top =
40% of the market, that is, stocks outperforming 60%.

      =20

      I'm willing to let some other names in because after this scan =
gives me names, I'm happy to look through charts to find appropriate =
patterns.

      =20

      DMC

      =20

      =20

      ----- Original Message -----=20

        From: Jeff Henderson=20

        To: Canslim=20

        Sent: Wednesday, August 06, 2003 9:02 AM

        Subject: [CANSLIM] filter

        =20

        After reading O'Neil's book I decided to use the filter C>=3D70, =
A>=3D5, S<25,000,000, relative strength>80 and last volume 1.5 average =
quarterly volume.  To my dismay, no stocks popped up.  How would you =
alter this filter?

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<DIV><FONT face=3D"Comic Sans MS">Hi Katherine, I'm pretty sure that the =
RS ranks=20
are not based over the prior 52 weeks.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS">And, I have found the MSN screener to =
be very=20
effective. </FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Comic Sans MS">Gene</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> Wednesday, August 06, =
2003 2:21=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
filter</DIV>
  <DIV><BR></DIV>
  <DIV><SPAN class=3D281181619-06082003>Hi Jeff,</SPAN></DIV>
  <DIV><SPAN class=3D281181619-06082003></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D281181619-06082003>I might add a note of caution on =
using the=20
  MSN screener. That is, their RS ranks are based on a flat change in =
price over=20
  the prior 52 weeks. This is significantly different than IBD's RS =
ranks, which=20
  are weighted so that the price action in the most recent quarter =
carries more=20
  weight (40%), while previous quarter's each carry 20% weight. The =
other=20
  difference in RS ranks is that the database over which they are =
determined is=20
  very different. RS ranks for the IBD are based on a universe of stocks =
which=20
  includes *only* common stocks on the major US (NASDAQ,=20
  NYSE,&nbsp;AMEX)&nbsp;and Canadian exchanges, plus closed end bond and =
equity=20
  funds. From what I remember, MSN RS ranks are calculated across all =
equities=20
  in the US markets, including warrants and preferreds. While the RS =
ranks at=20
  MSN are indeed useful, you would not be emulating the IBD rankings for =

  purposes of filtering your stocks.</SPAN></DIV>
  <DIV><SPAN class=3D281181619-06082003></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D281181619-06082003>Katherine</SPAN></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>=20
    owner-canslim@lists.xmission.com=20
    [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20
    </B>DMC197807<BR><B>Sent:</B> Wednesday, August 06, 2003 2:08=20
    PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM]=20
    filter<BR><BR></FONT></DIV>
    <DIV><FONT face=3DArial size=3D2>Jeff,</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>If you're using a free scanner, why =
don't you=20
    use the one Gene posted a couple of days ago (I'll repost his post) =
and play=20
    with the criteria there.&nbsp; If I adjust relative strength to 80 =
or above=20
    it spits out 15 names.</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>As for CANSLIM criteria, after M =
one supposes=20
    they are all important, and my descending order is no better (could =
be a lot=20
    worse) than anyone else's.&nbsp; However, you are asking a question =
that I=20
    answered 2 days ago, at least from my perspective.&nbsp; This is =
from my=20
    note on 8/4 to Yien:</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV>&lt;&lt;Good, that's a bunch of information that you can't =
use.&nbsp;=20
    Now, for some you<BR>can.&nbsp; There are only 3 numbers which =
matter, when=20
    all the dust is settled.<BR>They are NOT p/e, d/e, current ratio, =
PEG,=20
    profit margin or inventory<BR>turnover.<BR><BR>THEY ARE:&nbsp; Price =
paid=20
    for shares, Price received for shares, Time held.<BR><BR>Now, =
MILSCAN=20
    (Canslim to some of you) is a very interesting approach, and<BR>can=20
    possibly, with strong position and money management systems, help =
you=20
    to<BR>buy low and sell high in a timely timeframe.<BR><BR>Here's how =
I think=20
    of these factors, in descending order of =
importance:<BR><BR>&lt;&lt;M is for=20
    the market and the market trend.&nbsp; We are at an inflection=20
    point<BR>here, so it's lookout below, or perhaps lookout =
above.<BR><BR>N is=20
    for new highs in the stock, breaking out above the pivot =
point<BR><BR>L is=20
    for an relative strength rating of 70 or better<BR><BR>A is for =
annual=20
    earnings growth (this is for additional comfort)<BR><BR>C is for =
current=20
    quarterly earnings (this is for additional comfort)<BR><BR>I is for=20
    institutional sponsorship&nbsp; (this is a timing issue--I think I=20
    trust<BR>the chart over this, for some reason)<BR><BR>S is for =
supply of=20
    stock (looking for a relatively low no. of shares--here I<BR>want to =
exclude=20
    the over-issued monsters like CSCO and INTC where it will<BR>take a =
ton of=20
    momentum to move the billions of shares outstanding).<BR><BR>In =
closing,=20
    using TA and FA together is a good idea, but when in =
conflict,<BR>trust the=20
    TA.&nbsp; Remember, out of 7000 stocks we are looking for 1 or 2 =
names<BR>a=20
    week on which to carefully place our hopes.&nbsp;&gt;&gt;</DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>DMC</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=3DJHend746@cox.net href=3D"mailto:JHend746@cox.net">Jeff=20
      Henderson</A> </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
      title=3Dcanslim@lists.xmission.com=20
      =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, August 06, =
2003=20
      11:40 AM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
filter</DIV>
      <DIV><BR></DIV>
      <DIV class=3DSection1>
      <P class=3DMsoNormal><FONT face=3DArial color=3Dnavy =
size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Sorry =
about the=20
      misunderstanding I was using the CANSLIM acronym. <SPAN=20
      style=3D"mso-spacerun: yes">&nbsp;</SPAN>I=92ll explain my filter =
again.<SPAN=20
      style=3D"mso-spacerun: yes">&nbsp; </SPAN>First off I use MSN as =
my filter=20
      source. <SPAN style=3D"mso-spacerun: yes">&nbsp;</SPAN>Here is my =
filter=20
      that I use: current earnings per share (the same quarter a year=20
      ago)&gt;=3D70%, annual earnings per share over the past 5 years, =
&gt;=3D 24%=20
      compounded, shares outstanding&lt;25,000,000, relative =
strength&gt;=20
      80%.<o:p></o:p></SPAN></FONT></P>
      <P class=3DMsoNormal><FONT face=3DArial color=3Dnavy =
size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: =
Arial"><o:p>&nbsp;</o:p></SPAN></FONT></P>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DTahoma=20
      size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Tahoma">-----Original=20
      Message-----<BR><B><SPAN style=3D"FONT-WEIGHT: =
bold">From:</SPAN></B>=20
      owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]=20
      <B><SPAN style=3D"FONT-WEIGHT: bold">On Behalf Of=20
      </SPAN></B>DMC197807<BR><B><SPAN=20
      style=3D"FONT-WEIGHT: bold">Sent:</SPAN></B> =
</SPAN></FONT><st1:date=20
      Year=3D"2003" Day=3D"6" Month=3D"8"><FONT face=3DTahoma =
size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">Wednesday, August =
06,=20
      2003</SPAN></FONT></st1:date><FONT face=3DTahoma size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"> =
</SPAN></FONT><st1:time=20
      Minute=3D"23" Hour=3D"11"><FONT face=3DTahoma size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">11:23=20
      AM</SPAN></FONT></st1:time><FONT face=3DTahoma size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"><BR><B><SPAN=20
      style=3D"FONT-WEIGHT: bold">To:</SPAN></B>=20
      canslim@lists.xmission.com<BR><B><SPAN=20
      style=3D"FONT-WEIGHT: bold">Subject:</SPAN></B> Re: [CANSLIM]=20
      filter</SPAN></FONT></P>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
      size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Jeff,</SPAN></FONT><o:p></o:p></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
      size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">I =
don't=20
      understand which filter/scan you are using, or what all your =
variables=20
      mean.&nbsp; If you're using a public scan or stockcharts, maybe =
you can=20
      put in a link here?</SPAN></FONT><o:p></o:p></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
      size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">If C =
=3D=20
      capitalization and you are using only the top 30% of stocks you've =

      filtered out way too many stocks already.&nbsp; In capitalization =
I only=20
      filter out the very top stocks, but that's just me.&nbsp; I don't =
know=20
      what your S is.&nbsp; For relative strength I use the top 40% of =
the=20
      market, that is, stocks outperforming=20
      60%.</SPAN></FONT><o:p></o:p></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
      size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">I'm =
willing to=20
      let some other names in because after this scan gives me names, =
I'm happy=20
      to look through charts to find appropriate=20
      patterns.</SPAN></FONT><o:p></o:p></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
      size=3D2><SPAN=20
      style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">DMC</SPAN></FONT><o:p></o:p></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN=20
      style=3D"FONT-SIZE: =
12pt">&nbsp;<o:p></o:p></SPAN></FONT></P></DIV>
      <DIV>
      <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
      size=3D3><SPAN style=3D"FONT-SIZE: 12pt">----- Original Message =
- -----=20
      <o:p></o:p></SPAN></FONT></P></DIV>
      <BLOCKQUOTE=20
      style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; =
BORDER-TOP: medium none; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; MARGIN: =
5pt 0in 5pt 3.75pt; BORDER-LEFT: black 1.5pt solid; PADDING-TOP: 0in; =
BORDER-BOTTOM: medium none">
        <DIV style=3D"font-color: black">
        <P class=3DMsoNormal=20
        style=3D"BACKGROUND: #e4e4e4; MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
        size=3D2><SPAN=20
        style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">From:</SPAN></FONT></B><FONT=20
        face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; =
FONT-FAMILY: Arial"> <A=20
        title=3DJHend746@cox.net href=3D"mailto:JHend746@cox.net">Jeff =
Henderson</A>=20
        <o:p></o:p></SPAN></FONT></P></DIV>
        <DIV>
        <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
        size=3D2><SPAN=20
        style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">To:</SPAN></FONT></B><FONT=20
        face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; =
FONT-FAMILY: Arial"> <A=20
        title=3Dcanslim@lists.xmission.com=20
        href=3D"mailto:canslim@lists.xmission.com">Canslim</A>=20
        <o:p></o:p></SPAN></FONT></P></DIV>
        <DIV>
        <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
        size=3D2><SPAN=20
        style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Sent:</SPAN></FONT></B><FONT=20
        face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; =
FONT-FAMILY: Arial">=20
        </SPAN></FONT><st1:date Year=3D"2003" Day=3D"6" =
Month=3D"8"><FONT face=3DArial=20
        size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Wednesday,=20
        August 06, 2003</SPAN></FONT></st1:date><FONT face=3DArial =
size=3D2><SPAN=20
        style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial"> =
</SPAN></FONT><st1:time=20
        Minute=3D"2" Hour=3D"9"><FONT face=3DArial size=3D2><SPAN=20
        style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">9:02=20
        AM</SPAN></FONT></st1:time><FONT face=3DArial size=3D2><SPAN=20
        style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p></o:p></SPAN></FONT></P></DIV>
        <DIV>
        <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
        size=3D2><SPAN=20
        style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Subject:</SPAN></FONT></B><FONT=20
        face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; =
FONT-FAMILY: Arial">=20
        [CANSLIM] filter<o:p></o:p></SPAN></FONT></P></DIV>
        <DIV>
        <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT=20
        face=3D"Times New Roman" size=3D3><SPAN=20
        style=3D"FONT-SIZE: =
12pt"><o:p>&nbsp;</o:p></SPAN></FONT></P></DIV>
        <P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3DArial=20
        size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">After reading=20
        O=92Neil=92s book I decided to use the filter C&gt;=3D70, =
A&gt;=3D5,=20
        S&lt;25,000,000, relative strength&gt;80 and last volume 1.5 =
average=20
        quarterly volume.<SPAN style=3D"mso-spacerun: yes">&nbsp; =
</SPAN>To my=20
        dismay, no stocks popped up.<SPAN style=3D"mso-spacerun: =
yes">&nbsp;=20
        </SPAN>How would you alter this=20
      =
filter?<o:p></o:p></SPAN></FONT></P></BLOCKQUOTE></DIV></BLOCKQUOTE></BLO=
CKQUOTE></BLOCKQUOTE></BODY></HTML>

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