Worden Stock Analysis Software

Have been using StockCharts for 5 years and
considering making a change.

Considering Worden's but my concern is StockFinder and
Telechart learning curve. Wondering how long
it might take just to be able to create basic EOD
charts with indicators and/or be able to create custom
scans with it?

Any comments on the learning curve and/or suggestions
on the best/quickest way to learn to use it.

Is LFT a buy?

I have not been much of a blogger before but think it is a great idea for communicating among the group.

Take a look at LFT. The volume is a little low but it has a tight handle for the past 3 weeks. It has also often appeared in IBDs Top Stocks.

What do you think? Buy or Not

Darrell

spy

Hi, have you noticed that the SPY is in a mini head & shoulders?
Mini H/S from November thru the big drop in March - now a minor one starting in April (L sh)
June (head) -now looks like Rshoulder forming. (down)

BUT - if you start back in September - also looks like a major Inverted H/S.
if so, we should pull back (800-825 SPY) then - UP-UP for the major Rshoulder.
I hope so!!
Alanna

Base Lesson

Check out this interesting (and short) discussion of "Base Stages" in one of IBD's "Daily Stock Analysis" presentations. There are 3 stocks discussed and the third (NFLX) has the discussion of interest. If I read it right, Base Count for all charts starts with the first base to emerge as a result if the recent Bear Market correction.

Long Term Debt

at the last IBD meeting, my question was regarding the debt % shown.
The stock was EPIQ; the long term debt was shown as 18%. I was confused because I had not seen debt represented that way.
I looked at Smartmoney - and the EPIQ LongTerm Debt/Equity ratio is .18%.
Obviously both figures are in line and represent the same degree of debt.
Smartmoney dictionary defines LongTermDebt/Equity Ratio;
A measure of a co. leverage, calculated by dividing its longterm debt by its shareholders equity, using figures from its most recent reported balance sheet.

(generally, a company with a Current Ratio of 1.0+ (cash) and a L/Tdebt ratio UNDER .50%
is considered to be in a strong position and utilizing cash well. )

What is CANSLIM

What is CAN SLIM®?
CAN SLIM is IBD's checklist for the seven common characteristics all great performing stocks have before they make their biggest gains. You can significantly reduce your risk and increase returns by using the CAN SLIM Investment Research Tool as a fact-based performance checklist to evaluate a stock before you buy.

C= Current earnings per share should be up 25% or more and in many cases accelerating in recent quarters. Quarterly sales should also be up 25% or more or accelerating over prior quarters. Learn more...
A= Annual earnings should be up 25% or more in each of the last three years. Annual return on equity should be 17% or more. Learn more...
N= A company should have a new product or service that's fueling earnings growth. The stock should be emerging from a proper chart pattern and about to make a new high in price. Learn more...
S= Supply and demand. Shares outstanding can be large or small, but trading volume should be big as the stock price increases. Learn more...
L= Leader or laggard? Buy the leading stock in a leading industry. A stock's Relative Price Strength Rating should be 80 or higher. Learn more...
I= Institutional sponsorship should be increasing. Invest in stocks showing increasing ownership by mutual funds in recent quarters. IBD's Accumulation/Distribution Rating gauges mutual fund activity in a stock. Learn more...
M= The market indexes, the Dow, S&P 500 and Nasdaq, should be in a confirmed up trend since three out of four stocks follow the market's overall trend

canslim review

Hey - super -duper review of basics with Kent T. at our meeting 1/21/09. Really helped clarify some items - thanks Kent!
Re; question about 'buy & Hold' . This week Birini Assoc. did a review examining the Rebound of the banking sector following the 'great depression' of 1929. (and the current situation certainly compares!)
The banking index took 40 YEARS TO BREAK EVEN!!!!!!!!!
Doesn't appeal to me!
anyway - thanks for the timely and concise review, alanna