Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (5750)	12/15/1999 12:45:00 AM
From: Feraldo	Respond to of 6445

For CANSLIM topping reasons, I think its chapter 11, don't have my book with me. Its the chapter about reasons to sell a stock. For these reasons, I think combined with the charts of these stocks: INTC LSCC XLNX SCI SLR CLS JBL SANM FLEX We're talking some decent size companies here, but there's the bigger ones that I'm worried about: AMZN EBAY AOL CSCO GE (biggest volume day of a run rule) LU MCD WMT CUBE + HLIT QCOM (completely retraces the gain rule) YHOO JDSU JNPR QWST PSIX GM CAT CAT ISLD Dow stocks: (there's only 30 of them, let's see how many bad charts there are) AXP JPM GE IBM HWP MMM JNJ XOM AA INTC GM MRK WMT KO EK UTX T C SBC CAT MCD BA MO Let's see that's 23 out of 30. WE JUST STARTED A BEAR MARKET Edit: I'm not really yelling. I'm just trying to sway everyone's opinion on a very touchy topic when we're all used to huge gains on the upside Monday thru Friday and occasionally some Saturday trades. I'm not mad, just can't figure out how to better make my point.

To: Bruce A. Brotnov who wrote (5750)	12/15/1999 1:03:00 AM
From: John Morrison	Read Replies (2) \| Respond to of 6445

ALL: This topic was never intended for CANSLIM only, just as CANSLIM on Prodigy was not pure CANSLIM. Keep this topic going. There are no perfect CANSLIM stocks! If there were, I probably would not buy them due too low volume or out of favor industry. CANSLIM is theory in my opinion. It is a good place to start for people new to investing. It shows what to look for in the ideal stock. But there is more: I don't like anything trading with volume less than 100000 per day -- too easy to manipulate; I don't care for non-US stocks -- I feel comfortable with SEC regulations and don't know much about others; I only buy NASDAQ cause I like knowing the spread and fast executions, NYSE is coming around soon; CANSLIM is useless if the stock is not in a strong industry group; if it is CANSLIM and the chart is ugly, I am not buying. Bruce is a great stock analyst and his stocks are closer to CANSLIM than you will find from anyone. I am not familiar with anyone else's picks, but re-reading the first note, I had hoped this would be the home of lots of folks with a common interest in exchanging information. Information is the secret weapon of the big guys, but now everybody has lots of information online through sites like this - Thank you Silicon Investor. Anything that is OK with Silicon Investor is OK discussion. I'll stop by again in a few months -- hope you all are still here then.