Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] Intro: David Pinhasik
Date: Thu, 21 Aug 2003 10:39:15 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0052_01C367D0.77A7A5C0 Content-Type: text/plain; charset="windows-1255" Content-Transfer-Encoding: 7bit Hi David, I've always felt that it takes money to make money, as with all investments. The trick, of course, is to invest wisely in the tools that one pays for. If you're sold on CANSLIM as an investment methodology, then it's certainly helpful to have access to a resource which presents material from that point of view. However, to invest as "an intermediate term growth investor" (generic, not O'Neil "CANSLIM"), you can certainly break down the methodology into its essential components and then use free resources to find the stocks of interest. You'll need to be careful, however, as WON's book, HTMMIS, which outlines the methodology, has many fundamental and technical guidelines for selecting stocks. Make sure that if you use free screening resources on the web, such as the MSN screener, that you do not take *all* the criteria simultaneously, but instead take several passes, building a list of potential candidates as you go. Here's the essence of what you're looking for: (1) stocks that have been outperforming the market over the prior year, with particular emphasis on the most recent quarter (2) stocks that are technically sound over the intermediate to long term (above their 200dMA at the very least) (3) stocks displaying the characteristics of a growth business, including QoQ and YoY sales and earnings growth at a rate higher than their respective industry average and/or the market average. (4) stocks with enough liquidity to draw the institutional investment community's interest The rest is window dressing to narrow your view of possibilities. Once the view is narrowed, a closer look at the fundamentals of the business will let you know if the preponderance of evidence shows a sound business. A closer read of the technical chart pattern of the stock will let you know whether there's a current low risk entry point. Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of The Pinhasiks Sent: Thursday, August 21, 2003 11:16 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Intro: David Pinhasik Thanks, Katherine. Actually I am not a subscriber to IBD - I live outside of the US. Would you say that subscribing ot eIBD is a must? At 28.95 per month it's still a bit pricey for me, considering the small amount of money I am investing. Any other ideas? David -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Thursday, August 21, 2003 4:36 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Intro: David Pinhasik Hi David, Welcome to the group. With $1000 to start your investing, you definitely want to keep it simple. Best bet for screening if you have a subscription to the IBD is to narrow your focus as quickly as possible to a few options. Use the Weekend Review in the IBD (published on Fridays) and flip through the charts to find those that appear to be setting up for action (currently basing). Then do your due diligence on the few standouts. You can use the charts at Investors.com, stockcharts.com (set up a comparative RS Line at the bottom of each chart, display the 50 and 200 day moving averages), or use the link for breakoutwatch charts (available to CANSLIM list members at http://www.breakoutwatch.com//charts/kmchart.php ). For free due diligence links and links to other free screening tools on the web, see the list FAQ, included in your welcome email from Jeff, the list owner, or from this link: This FAQ is also available at: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word Document) or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of The Pinhasiks Sent: Thursday, August 21, 2003 10:26 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Intro: David Pinhasik Hi, I am a computer programmer working for IBM Global Services. Before the market went South, I was active lurker (read Tom's posts very carefully) and made 100% in 5 short weeks, and since then have been in cash most of the time except for a few dismal attempts to reenter the market, always followed by a failure. Now, it seems like it may be the time to try again, albeit carefully. My problem is that <blush> I have less than a $1,000 to play with. Could anyone offer a way to screen CS stocks without paying a fortune? I used to use Tom's Weekly Weeview as a starting point for my research, but now I'm clueless. Any suggestions will be happily accepted. Thanks, David - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0052_01C367D0.77A7A5C0 Content-Type: text/html; charset="windows-1255" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD><TITLE></TITLE> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1255"> <META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR></HEAD> <BODY> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">Hi=20 David,</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New = Roman">I've always=20 felt that it takes money to make money, as with all investments. The = trick, of=20 course, is to invest wisely in the tools that one pays for. If you're = sold on=20 CANSLIM as an investment methodology, then it's certainly helpful to = have access=20 to a resource which presents material from that point of=20 view.</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New = Roman">However, to=20 invest as "an intermediate term growth investor" (generic, not O'Neil=20 "CANSLIM"), you can certainly break down the methodology into its = essential=20 components and then use free resources to find the stocks of interest. = You'll=20 need to be careful, however, as WON's book, HTMMIS, which outlines the=20 methodology, has many fundamental and technical guidelines for selecting = stocks.=20 Make sure that if you use free screening resources on the web, such as = the MSN=20 screener, that you do not take *all* the criteria simultaneously, but = instead=20 take several passes, building a list of potential candidates as you = go.</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New = Roman">Here's the=20 essence of what you're looking for:</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">(1) = stocks that=20 have been outperforming the market over the prior year, with particular = emphasis=20 on the most recent quarter</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">(2) = stocks that=20 are technically sound over the intermediate to long term (above their = 200dMA at=20 the very least)</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">(3) = stocks displaying the characteristics of a growth business, = including QoQ=20 and YoY sales and earnings growth at a rate higher than their respective = industry average and/or the market average.</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">(4) = stocks with=20 enough liquidity to draw the institutional investment community's=20 interest</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT face=3D"Times New Roman">The = rest is=20 window dressing to narrow your view of possibilities. Once the view is = narrowed,=20 a closer look at the fundamentals of the business will let you know if = the=20 preponderance of evidence shows a sound business. A closer read of the = technical=20 chart pattern of the stock will let you know whether there's a current = low risk=20 entry point.</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman">Katherine</FONT></SPAN></DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <DIV><SPAN class=3D827192215-21082003><FONT=20 face=3D"Times New Roman"></FONT></SPAN> </DIV> <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 = [mailto:owner-canslim@lists.xmission.com]<B>On=20 Behalf Of </B>The Pinhasiks<BR><B>Sent:</B> Thursday, August 21, 2003 = 11:16=20 AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> RE: = [CANSLIM]=20 Intro: David Pinhasik<BR><BR></FONT></DIV> <DIV><SPAN class=3D850041216-21082003><FONT face=3DArial color=3D#0000ff = size=3D2>Thanks, Katherine.</FONT></SPAN></DIV> <DIV><SPAN class=3D850041216-21082003><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D850041216-21082003><FONT face=3DArial color=3D#0000ff = size=3D2>Actually I am not a subscriber to IBD - I live outside of the = US. Would=20 you say that subscribing ot eIBD is a must? At 28.95 per month it's = still a bit=20 pricey for me, considering the small amount of money I am investing. Any = other=20 ideas?</FONT></SPAN></DIV> <DIV><SPAN class=3D850041216-21082003><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D850041216-21082003><FONT face=3DArial color=3D#0000ff = size=3D2>David</FONT></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 </B>Katherine = Malm<BR><B>Sent:</B> Thursday, August 21, 2003 4:36 PM<BR><B>To:</B>=20 canslim@lists.xmission.com<BR><B>Subject:</B> RE: [CANSLIM] Intro: = David=20 Pinhasik<BR><BR></FONT></DIV> <P><FONT size=3D2><FONT face=3D"Times New Roman" size=3D3>Hi = David,<BR><BR>Welcome=20 to the group.<BR><BR>With $1000 to start your investing, you = definitely want=20 to keep it simple. Best bet for screening if you have a subscription = to the=20 IBD is to narrow your focus as quickly as possible to a few options. = Use the=20 Weekend Review in the IBD (published on Fridays) and flip = through the=20 charts to find those that appear to be setting up for action = (currently=20 basing). Then do your due diligence on the few standouts. You can use = the=20 charts at Investors.com, stockcharts.com (set up a comparative RS Line = at the=20 bottom of each chart, display the 50 and 200 day moving averages), or = use the=20 link for breakoutwatch charts (available to CANSLIM list members at = </FONT><A=20 href=3D"http://www.breakoutwatch.com//charts/kmchart.php" = target=3D_blank><FONT=20 face=3D"Times New Roman"=20 = size=3D3>http://www.breakoutwatch.com//charts/kmchart.php</FONT></A><FONT= =20 face=3D"Times New Roman" size=3D3> ).<BR><BR>For free due diligence = links and=20 links to other free screening tools on the web, see the list FAQ, = included in=20 your welcome email from Jeff, the list owner, or from this = link:<BR><BR>This=20 FAQ is also available at: </FONT><A=20 href=3D"http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc" = target=3D_blank><FONT=20 face=3D"Times New Roman"=20 = size=3D3>http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc</FONT></A><FONT= =20 face=3D"Times New Roman" size=3D3> (Word Document) = or <BR><BR></FONT><A=20 href=3D"http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip" = target=3D_blank><FONT=20 face=3D"Times New Roman"=20 = size=3D3>http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip</FONT></A><FONT= =20 face=3D"Times New Roman" size=3D3> (zipped version for those who are = having=20 trouble displaying the document within their=20 browser)<BR><BR>Katherine<BR></FONT><BR>-----Original = Message-----<BR>From:=20 owner-canslim@lists.xmission.com [<A=20 = href=3D"mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lis= ts.xmission.com</A>]On=20 Behalf Of The Pinhasiks<BR>Sent: Thursday, August 21, 2003 10:26 = AM<BR>To:=20 canslim@lists.xmission.com<BR>Subject: [CANSLIM] Intro: David=20 Pinhasik<BR><BR><BR>Hi,<BR><BR>I am a computer programmer working for = IBM=20 Global Services. Before the<BR>market went South, I was active lurker = (read=20 Tom's posts very carefully) and<BR>made 100% in 5 short weeks, and = since then=20 have been in cash most of the<BR>time except for a few dismal = attempts=20 to reenter the market, always followed<BR>by a failure. Now, it seems = like it=20 may be the time to try again, albeit<BR>carefully. My problem is that=20 <blush> I have less than a $1,000 to play<BR>with. Could anyone = offer a=20 way to screen CS stocks without paying a fortune?<BR>I used to use = Tom's=20 Weekly Weeview as a starting point for my research, but<BR>now I'm = clueless.=20 Any suggestions will be happily=20 accepted.<BR><BR>Thanks,<BR>David<BR><BR><BR>-<BR>-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"<BR>-In the email body, write "subscribe = canslim" or<BR>-"unsubscribe canslim". Do not use quotes in your = email.<BR></FONT></P></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0052_01C367D0.77A7A5C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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