RE: [CANSLIM] Market indicators


From: Roger Tawa <roger@tawacentral.net>
Subject: RE: [CANSLIM] Market indicators
Date: Thu, 14 Aug 2003 07:40:50 -0400

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Hi all,

If today, you wanted to see "how the leaders are doing", how would you do
that?  Do you look at the top stock in each industry?  Do you look at the
top 10 stocks, as measure by RS, regardless of industry?  Or is there a
better way?  Thanks.

=================================================
Roger Tawa
http://tawacentral.net/
[One thing about paradigms: shift happens.]
[When you stop, you're done.]

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Wednesday, August 13, 2003 4:30 PM
To: Canslim@Lists.Xmission.Com
Subject: RE: [CANSLIM] Market indicators

Hi Jeff,

I think the simpler the approach to monitoring market health the better.
This is based on the approach that it is a "market of stocks" not a "stock
market."

The "market" from my perspective is "the CANSLIM market." In other words,
"is the market favorable toward growth stocks?" If it's favorable, I'm long.
If it's unfavorable, I'm short.

Number of fresh breakouts.
Number of failed breakouts.
How are my holdings doing?
How are the leaders doing?
How are the major indexes as a whole doing?
How is the overall technical condition of the underlying stocks in the
Market (including number of new highs vs. new lows)?

Katherine
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Jeff Henderson
Sent: Wednesday, August 13, 2003 4:24 AM
To: Canslim
Subject: [CANSLIM] Market indicators
What if your opinions would be the best or at least a good technical
indicator for M performance?  What do you think about TRIN?

Jeff

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<p class=MsoNormal><span class=EmailStyle18><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Hi all,<o:p></o:p></span></font></span></p>

<p class=MsoNormal><span class=EmailStyle18><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=MsoNormal><span class=EmailStyle18><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>If today, you
wanted to see &#8220;how the leaders are doing&#8221;, how would you do that?<span
style="mso-spacerun: yes">&nbsp; </span>Do you look at the top stock in each
industry?<span style="mso-spacerun: yes">&nbsp; </span>Do you look at the top
10 stocks, as measure by RS, regardless of industry?<span style="mso-spacerun:
yes">&nbsp; </span>Or is there a better way?<span style="mso-spacerun:
yes">&nbsp; </span>Thanks.<o:p></o:p></span></font></span></p>

<p class=MsoNormal><span class=EmailStyle18><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=MsoNormal><!--[if supportFields]><span class=EmailStyle18><font 
size=2 color=navy face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-begin'></span><span 
style="mso-spacerun: yes">&nbsp;</span>AUTOTEXTLIST \s &quot;E-mail 
Signature&quot; <span style='mso-element:field-separator'></span></span></font></span><![endif]--><font
color=navy><span style='color:navy'>=================================================</span></font><font
color=navy><span style='color:navy;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'>Roger Tawa</span></font><font color=navy><span
style='color:navy;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'>http://tawacentral.net/</span></font><font
color=navy><span style='color:navy;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'>[One thing about paradigms: shift happens.]</span></font><font
color=navy><span style='color:navy;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'>[When you stop, you're done.]</span></font><font
color=navy><span style='color:navy;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal><!--[if supportFields]><span class=EmailStyle18><font 
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<p class=MsoNormal style='margin-left:.5in'><font size=2 color=black
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;color:black'>-----Original
Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]<b><span
style='font-weight:bold'>On Behalf Of </span></b>Katherine Malm<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, August 13, 2003
4:30 PM<br>
<b><span style='font-weight:bold'>To:</span></b> Canslim@Lists.Xmission.Com<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: [CANSLIM] Market
indicators</span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>Hi Jeff,</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>&nbsp;</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>I think the
simpler the approach to monitoring market health the better. This is based on
the approach that it is a &quot;market of stocks&quot; not a &quot;stock
market.&quot;</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>&nbsp;</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>The
&quot;market&quot; from my perspective is &quot;the CANSLIM market.&quot; In
other words, &quot;is the market favorable toward growth stocks?&quot; If it's
favorable, I'm long. If it's unfavorable, I'm short.</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>&nbsp;</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>Number of
fresh breakouts.</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>Number of
failed breakouts.</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>How are my
holdings doing?</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>How are the
leaders doing?</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>How are the
major indexes as a whole doing?</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>How is the
overall technical condition of the underlying stocks in the Market (including
number of new highs vs. new lows)?</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>&nbsp;</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'>Katherine</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;
margin-left:1.0in'><font size=2 color=black face=Tahoma><span style='font-size:
10.0pt;font-family:Tahoma;color:black'>-----Original Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]<b><span
style='font-weight:bold'>On Behalf Of </span></b>Jeff Henderson<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, August 13, 2003
4:24 AM<br>
<b><span style='font-weight:bold'>To:</span></b> Canslim<br>
<b><span style='font-weight:bold'>Subject:</span></b> [CANSLIM] Market
indicators</span></font><font color=black><span style='color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:1.0in'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black'>What if
your opinions would be the best or at least a good technical indicator for M
performance?<span style="mso-spacerun: yes">&nbsp; </span>What do you think
about TRIN?</span></font><font size=2 color=black face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:1.0in'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black'>&nbsp;</span></font><font
size=2 color=black face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:1.0in'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black'>Jeff</span></font><font
size=2 color=black face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

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