From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1612 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Thursday, August 16 2001 Volume 02 : Number 1612 In this issue: Re: [CANSLIM] Cup Depth in todays IC was:DSL Re: [CANSLIM] cprt Re: [CANSLIM] cprt Re: [CANSLIM] Jans [CANSLIM] trouble logging on to ibd website Re: [CANSLIM] trouble logging on to ibd website Re: [CANSLIM] trouble logging on to ibd website [CANSLIM] New base Re: [CANSLIM] New base Re: [CANSLIM] New base Re: [CANSLIM] New base Re: [CANSLIM] New base RE: [CANSLIM] New base ---------------------------------------------------------------------- Date: Wed, 15 Aug 2001 15:34:56 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Cup Depth in todays IC was:DSL On 12:53 PM 8/15/01, Drewcorp Said: >So you are stating that this article, which clearly states that the cup >formed from April 1999 to Sept. 29, 2000 with a handle to Nov. 29, 2000, is >NOT a good example of a cup w/ handle. No, it's not. I didn't follow NYCB for all that time, but would not have bot off of the so-called C&H fm regardless. Any C&H to take that long to form is not a C&H in my book but rather a protracted correction and recovery. The depth of the cup was too deep, the volume on the decline was actually the highest volume up to that point for the stock, hence the length that it spent languishing in the toilet. Hindsight is 20/20, and IMHO IBD loves to pick out this type of chart and say "see - I told you so!" Yeah, after it doubles off the handle, it begins to look like a good trade. Even at the time, there were probably hundreds of better looking charts out there. And here's a big one: I bet its CANSLIM numbers were pretty blah at the time it broke out. It sure didn't show up on my watch lists until its numbers turned around with that earnings report or possible the following report. My point is, why would a CANSLIMer have bot it then? Was this board even aware of its existence in Sept 2000? Did we discuss the breakout at the time? No. It was under our radar. What IBD should do is discuss the stocks that we discuss, i.e. the near-perfect IGT, not cruise hundreds of charts on DGO looking for a real pretty looking C&H that no one noticed at the time. >I'm dumbfounded. > >Why would David Saito-Chung, an IBD staff writer, reference poor examples to >demonstrate proper buy points? There must be good charts he could have >used. There are, but they're not as pretty. >If a canslimmer should not treat it as a valid form, why would DSC? Have >you noticed staff writers referencing poor charts in the past? It looked pretty, and yes, we have discussed their rather poor choices of examples in the past. >Andy Johnson >raj@drewcorp.com > >----- Original Message ----- >From: "Makara, Tamas" >To: >Sent: Wednesday, August 15, 2001 2:53 PM >Subject: Re: [CANSLIM] Cup Depth in todays IC was:DSL > > > > sorry for the typo, this sentence should read: In 1998 and the bigger part >of 1999 > > NYCB built a huge top following a multiyear uptrend. > > > > Makara, Tamas wrote: > > > > > I don't view that as a CANSLIM type cup and handle. The chart formation >has the > > > shape of a cup, but it's not what a CANSLIM cup and handle is: a >correction > > > recovery pattern within an uptrend. > > > > > > In 1998 and the bigger part of 1999 NYCB built a huge to following a >multiyear > > > uptrend. Then it broke down and went into a downtrend and lost more than >half of > > > it's value. The stock spent 2000 building a bottom between 11.50 and >14.45. When > > > it broke out of this bottom formation (i.e. base) on 7/20/2000, a new >uptrend > > > began. This uptrend has been intact ever since. After a more than 30% >rise the > > > stock formed it's first O'Neil type base between 9/29/2000 and >11/28/2000. The > > > second base was a seven week double bottom between 2/13/2001 and >3/29/2001. > > > > > > I don't know what IBD wrote, but in my opinion no canslimer should treat >that > > > almost two year long cup shaped formation as a valid cup and handle. > > > > > > Tamas > > > > > > Drewcorp wrote: > > > > > > > I understand what you are saying Tamas, and thanks... I have not >thought of > > > > it in this way. > > > > > > > > I find it interesting, though, that in today's Investors Corner, they >give > > > > an example of NYCB which had a cup depth of 52% starting in a strong >market > > > > and ending in a weak one. > > > > > > > > ----- Original Message ----- > > > > From: "Makara, Tamas" > > > > To: > > > > Sent: Tuesday, August 14, 2001 4:37 PM > > > > Subject: Re: [CANSLIM] DSL > > > > > > > > > This cup is 37% deep. I think there are two reasons why you should >limit > > > > the > > > > > depth of what could be a proper cup&handle. > > > > > > > > > > One is that if the cup is too deep then the uptrend and the >psychology of > > > > the > > > > > long term holders is clearly broken. You don't want a stock that has > > > > fallen 80% > > > > > and is now coming back... In this regard I think DSL is just OK, >it's > > > > uptrend is > > > > > intact. (It's 200 DMA has never rolled over and the price always >bounced > > > > back > > > > > from it.) > > > > > > > > > > The other reason why you don't want too deep cups is the following: >if a > > > > cup is > > > > > 50% deep, then at the top of the cup it has already advanced 100% >from > > > > bottom of > > > > > the cup: then it is extended and likely there will be many profit >takers. > > > > For a > > > > > 37% deep cup it's approximately 58%, while in the case of a proper >25% > > > > deep cup > > > > > the stock only needs to rally 33% to make a new high. So my problem >is > > > > that DSL > > > > > was quite extended when it broke out of a short handle on 7/30 (I >suppose > > > > you > > > > > bought this breakout). Had there been a proper handle, say 3 weeks, >then > > > > it > > > > > would not have been extended, and I wouldn't mention the depth of >the cup. > > > > > > > > > > Of course, I have seen many stocks break out from bases lik this a >make > > > > big > > > > > gains -- in good markets. In difficult markets this small things do > > > > matter, I > > > > > think. Just my way of thinking, others may see it otherwise. > > > > > > > > > > Tamas > > > > > > > > > > Ann Hollingworth wrote: > > > > > > > > > > > I understand about the handle, yes, but what makes the cup too >deep? WON > > > > > > says max 20-30% or 40-50% in a bear market. The intraday high was >61.94, > > > > and > > > > > > so the intraday low could be 43.36 (or 30.97 in bear). The >intraday low > > > > was > > > > > > 38.82. > > > > > > Thanks to everyone for the feedback. > > > > > > Ann > > > > > > ----- Original Message ----- > > > > > > From: "Makara, Tamas" > > > > > > To: > > > > > > Sent: Tuesday, August 14, 2001 3:35 PM > > > > > > Subject: Re: [CANSLIM] DSL > > > > > > > > > > > > > Are you sure this chart was so sood? Sure it was a strong stock, >but > > > > the > > > > > > cup was > > > > > > > to deep, at least for my taste, and there was no two week >handle. So > > > > it > > > > > > wasn't a > > > > > > > perfect/textbook CANSLI chart. In a strong market these nuances >may > > > > not > > > > > > matter, > > > > > > > but... > > > > > > > > > > > > > > Tamas > > > > > > > > > > > > > > > > > > > > > Ann Hollingworth wrote: > > > > > > > > > > > > > > > Andy, > > > > > > > > I did, too (got in when everyone said not to)! As someone said > > > > recently, > > > > > > > > when I start looking at charts and see good ones, I can't help > > > > myself! > > > > > > > > Maybe DSL is forming a handle, but even if it is, it shouldn't >have > > > > this > > > > > > > > huge volume. > > > > > > > > > > > > > > > > I'm glad you're only down 2%. Maybe I'll do the same. > > > > > > > > Ann > > > > > > > > > > > > > > > > ----- Original Message ----- > > > > > > > > From: "Drewcorp" > > > > > > > > To: > > > > > > > > Sent: Tuesday, August 14, 2001 2:35 PM > > > > > > > > Subject: Re: [CANSLIM] DSL > > > > > > > > > > > > > > > > > I'm down about 2% and contemplating the same thing. > > > > > > > > > > > > > > > > > > The volume is at 371,800 shares which may cause it to be >just > > > > slightly > > > > > > > > below > > > > > > > > > the breakout volume of 444,100 by the end of the day. > > > > > > > > > > > > > > > > > > I just put a sell in at market. > > > > > > > > > > > > > > > > > > As you can tell, I ignored everybody who said stay out of >the > > > > > > market!!!!!! > > > > > > > > > > > > > > > > > > Andy > > > > > > > > > ----- Original Message ----- > > > > > > > > > From: "Ann Hollingworth" > > > > > > > > > To: "CANSLIM Listserv" > > > > > > > > > Sent: Tuesday, August 14, 2001 2:07 PM > > > > > > > > > Subject: [CANSLIM] DSL > > > > > > > > > > > > > > > > > > > > > > > > > > > > Any thoughts on what's happening to DSL? I'm down 3%, but > > > > thinking > > > > > > of > > > > > > > > > > bailing out because of high volume on downside. > > > > > > > > > > Ann > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > > > > > > - > > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > -In the email body, write "subscribe canslim" or > > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 15 Aug 2001 19:16:30 EDT From: BIKEAR@aol.com Subject: Re: [CANSLIM] cprt - --part1_122.2fe8cb3.28ac5cce_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit either 3/9/01-21.94(L) 4/7-23.25 pp23.38 or 5/2 24.94(L) 6/4(R)26.60 pp at 26.73 6/21.....still learning..thanks I think the fundamentals on this one is good - --part1_122.2fe8cb3.28ac5cce_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit either 3/9/01-21.94(L) 4/7-23.25 pp23.38  or 5/2 24.94(L) 6/4(R)26.60 pp at
26.73 6/21.....still learning..thanks I think the fundamentals on this one is
good - --part1_122.2fe8cb3.28ac5cce_boundary-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 10:13:38 -0400 From: "Drewcorp" Subject: Re: [CANSLIM] cprt This is a multi-part message in MIME format. - ------=_NextPart_000_023F_01C1263C.1DE00B40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Now I see what you are seeing. Here are a couple of thoughts: Fundies look pretty good, although quarterly earnings growth has been = decreasing for the past three quarters (45%, 42%, 33%) but still above = the 25% minimum. Accumulation is at a "C" but could move up as it approaches it's = pivot..... Which brings me to my next point. The 2 cups that you are seeing both seem to have right lips higher than = left lips. I know there is some debate on this list as to if that is a = proper formation. I maintain that it does not. I believe that WON = describes a proper cup as having the right side lower than the left. The other issue is that these formations seem to be a bit old. I am not = sure if there is any length of time that WON feels makes a formation and = it's pivot no longer valid. =20 I know my technique would say that if has been over 2 weeks since a = pivot was passed, I would not consider purchasing a stock if the price = drifted back down within 5% of the pivot. In the case of CPRT, I would feel that the formations and pivots are = just too old to be considered safe entries. This may be own contrived = rule; I wonder what WON says? All of that said, I still think this is an excellent CANSLI stock. I = would look for it to approach 31 in the next few weeks, form a handle, = and thus a new pivot. Just my thoughts. Andy Johnson raj@drewcorp.com ----- Original Message -----=20 From: BIKEAR@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, August 15, 2001 7:16 PM Subject: Re: [CANSLIM] cprt either 3/9/01-21.94(L) 4/7-23.25 pp23.38 or 5/2 24.94(L) 6/4(R)26.60 = pp at=20 26.73 6/21.....still learning..thanks I think the fundamentals on this = one is=20 good=20 - ------=_NextPart_000_023F_01C1263C.1DE00B40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Now I see what you are seeing.  Here are a = couple of=20 thoughts:
 
Fundies look pretty good, although quarterly = earnings growth=20 has been decreasing for the past three quarters (45%, 42%, 33%) but = still above=20 the 25% minimum.
 
Accumulation is at a "C" but could move up as it = approaches=20 it's pivot.....
 
Which brings me to my next point.
 
The 2 cups that you are seeing both seem to have = right lips=20 higher than left lips.  I know there is some debate on this list as = to if=20 that is a proper formation.  I maintain that it does not.  I = believe=20 that WON describes a proper cup as having the right side lower than the=20 left.
 
The other issue is that these formations seem to be = a bit=20 old.  I am not sure if there is any length of time that WON feels = makes a=20 formation and it's pivot no longer valid. 
 
I know my technique would say that if has been over = 2 weeks=20 since a pivot was passed, I would not consider purchasing a stock if the = price=20 drifted back down within 5% of the pivot.
 
In the case of CPRT, I would feel that the = formations and=20 pivots are just too old to be considered safe entries.  This = may be=20 own contrived rule; I wonder what WON says?
 
All of that said, I still think this is an excellent = CANSLI=20 stock.  I would look for it to approach 31 in the next few weeks, = form a=20 handle, and thus a new pivot.
 
Just my thoughts.
 
Andy Johnson
raj@drewcorp.com
----- Original Message -----
From:=20 BIKEAR@aol.com
Sent: Wednesday, August 15, = 2001 7:16=20 PM
Subject: Re: [CANSLIM] = cprt

either = 3/9/01-21.94(L)=20 4/7-23.25 pp23.38  or 5/2 24.94(L) 6/4(R)26.60 pp at
26.73=20 6/21.....still learning..thanks I think the fundamentals on this one = is=20
good - ------=_NextPart_000_023F_01C1263C.1DE00B40-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 07:38:06 -0700 (PDT) From: Steve F Subject: Re: [CANSLIM] Jans As requested, here is a note just to test and see why you had trouble sending me an e-mail. I did receive an e-mail from you several days ago about TARO. Keep your analysis coming, they are much appreciatedl Steve - --- Ernie Hill wrote: > I tried to send you a message off-line but it was > returned undelivered. > Could you send me a message off-line and let me know > what you think the > problem might be. > > Thanks, > > E > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Make international calls for as low as $.04/minute with Yahoo! Messenger http://phonecard.yahoo.com/ - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 10:46:34 -0400 From: "Ann Hollingworth" Subject: [CANSLIM] trouble logging on to ibd website Anyone else? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 10:02:02 -0500 From: "Rich Weinhold" Subject: Re: [CANSLIM] trouble logging on to ibd website Just did , you need to read investor's corner. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 11:14:13 -0400 From: "Ann Hollingworth" Subject: Re: [CANSLIM] trouble logging on to ibd website OK. I'll read print. I've gotten to main page and one daily chart, but won't do weekly. - ----- Original Message ----- From: "Rich Weinhold" To: Sent: Thursday, August 16, 2001 11:02 AM Subject: Re: [CANSLIM] trouble logging on to ibd website > Just did , you need to read investor's corner. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 09:25:58 -0700 From: "DiFabio, Nancy" Subject: [CANSLIM] New base This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C1266F.D4B38166 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit If a stock tries to break out but misses, does it start a new base? If so does it become a "base on base" or does a stock start a new base only when it hits a new 52 wk high? Specialist(s), including dictators, please explicate. Thanks. Nancy "WorldSecure " made the following annotations on 08/16/01 09:25:18 - ------------------------------------------------------------------------------ PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you. ============================================================================== - ------_=_NextPart_001_01C1266F.D4B38166 Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable New base

If a stock tries to brea= k= out but misses, does it start a new base? If so does it become a "bas= e= on base" or does a stock start a new base only when it hits a new 52 = wk high?

Specialist(s), including= = dictators, please explicate.

Thanks.
Nancy

"WorldSecure <irell.com>" made the following
annotations on 08/16/01 09:25:18
- ---------------------------------------------------------------------------= - ---
PLEASE NOTE: This message, including any attachments, may include = privileged, confidential and/or inside information. Any distribution or us= e= of this communication by anyone other than the intended recipient(s) is = strictly prohibited and may be unlawful. If you are not the intended = recipient, please notify the sender by replying to this message and then = delete it from your system. Thank you.


=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D

- ------_=_NextPart_001_01C1266F.D4B38166-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 09:31:56 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] New base I have seen repeated references to "falling back into the base". So my vote would be for continuation of the old base. Regards Kent Norman - --- "DiFabio, Nancy" wrote: > > If a stock tries to break out but misses, does it > start a new base? If so > does it become a "base on base" or does a stock > start a new base only when > it hits a new 52 wk high? > > Specialist(s), including dictators, please > explicate. > > Thanks. > Nancy > > "WorldSecure " made the following > annotations on 08/16/01 09:25:18 > - ------------------------------------------------------------------------------ > PLEASE NOTE: This message, including any > attachments, may include privileged, confidential > and/or inside information. Any distribution or use > of this communication by anyone other than the > intended recipient(s) is strictly prohibited and may > be unlawful. If you are not the intended recipient, > please notify the sender by replying to this message > and then delete it from your system. Thank you. > > > ============================================================================== > __________________________________________________ Do You Yahoo!? Make international calls for as low as $.04/minute with Yahoo! Messenger http://phonecard.yahoo.com/ - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 12:31:32 -0400 From: "Drewcorp" Subject: Re: [CANSLIM] New base This is a multi-part message in MIME format. - ------=_NextPart_000_0286_01C1264F.61A59D00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable New basePage 169 of HTMMIS implies that the second base of a "base on = base" formation occurs after a breakout. =20 There is the potential that a "W" pattern could be forming.=20 Andy Johnson raj@drewcorp.com ----- Original Message -----=20 From: DiFabio, Nancy=20 To: Canslim (E-mail)=20 Sent: Thursday, August 16, 2001 12:25 PM Subject: [CANSLIM] New base If a stock tries to break out but misses, does it start a new base? If = so does it become a "base on base" or does a stock start a new base only = when it hits a new 52 wk high?=20 Specialist(s), including dictators, please explicate.=20 Thanks.=20 Nancy=20 "WorldSecure " made the following annotations on 08/16/01 09:25:18 = - -------------------------------------------------------------------------= - ----- PLEASE NOTE: This message, including any attachments, may include = privileged, confidential and/or inside information. Any distribution or = use of this communication by anyone other than the intended recipient(s) = is strictly prohibited and may be unlawful. If you are not the intended = recipient, please notify the sender by replying to this message and then = delete it from your system. Thank you. = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D - ------=_NextPart_000_0286_01C1264F.61A59D00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable New base
Page 169 of HTMMIS implies that the second base = of=20 a "base on base" formation occurs after a breakout.  =
 
There is the potential that a "W" pattern could be = forming.=20
 
Andy Johnson
raj@drewcorp.com
----- Original Message -----
From:=20 DiFabio,=20 Nancy
Sent: Thursday, August 16, 2001 = 12:25=20 PM
Subject: [CANSLIM] New = base


If a stock tries to = break out but=20 misses, does it start a new base? If so does it become a "base on = base" or=20 does a stock start a new base only when it hits a new 52 wk high? =

Specialist(s), = including dictators,=20 please explicate.

Thanks. =
Nancy

"WorldSecure <irell.com>" made the following
annotations = on=20 08/16/01=20 = 09:25:18
-------------------------------------------------------------= - -----------------
PLEASE=20 NOTE: This message, including any attachments, may include privileged, = confidential and/or inside information. Any distribution or use of = this=20 communication by anyone other than the intended recipient(s) is = strictly=20 prohibited and may be unlawful. If you are not the intended recipient, = please=20 notify the sender by replying to this message and then delete it from = your=20 system. Thank=20 = you.


=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D

- ------=_NextPart_000_0286_01C1264F.61A59D00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 11:34:15 -0500 From: Ernie Hill Subject: Re: [CANSLIM] New base - --------------ECED08C08628C71F5F03F1AC Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit "DiFabio, Nancy" wrote: > > > If a stock tries to break out but misses, does it start a new base? > YES, as long as the subsequent price action is trendless. > If so does it become a "base on base" YES E - --------------ECED08C08628C71F5F03F1AC Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  

"DiFabio, Nancy" wrote:

 

If a stock tries to break out but misses, does it start a new base? YES, as long as the subsequent price action is trendless.

If so does it become a "base on base" YES


E - --------------ECED08C08628C71F5F03F1AC-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 11:37:27 -0500 From: Ernie Hill Subject: Re: [CANSLIM] New base Kent is right if it falls back into the base it would not be a base on a base. It would only be a base on a base if the new base forms at higher price levels than the old base. E Kent Norman wrote: > I have seen repeated references to "falling back into > the base". So my vote would be for continuation of the > old base. > > Regards > Kent Norman > > --- "DiFabio, Nancy" wrote: > > > > If a stock tries to break out but misses, does it > > start a new base? If so > > does it become a "base on base" or does a stock > > start a new base only when > > it hits a new 52 wk high? > > > > Specialist(s), including dictators, please > > explicate. > > > > Thanks. > > Nancy > > > > "WorldSecure " made the following > > annotations on 08/16/01 09:25:18 > > > ------------------------------------------------------------------------------ > > PLEASE NOTE: This message, including any > > attachments, may include privileged, confidential > > and/or inside information. Any distribution or use > > of this communication by anyone other than the > > intended recipient(s) is strictly prohibited and may > > be unlawful. If you are not the intended recipient, > > please notify the sender by replying to this message > > and then delete it from your system. Thank you. > > > > > > > ============================================================================== > > > > __________________________________________________ > Do You Yahoo!? > Make international calls for as low as $.04/minute with Yahoo! Messenger > http://phonecard.yahoo.com/ > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 16 Aug 2001 09:58:58 -0700 From: "DiFabio, Nancy" Subject: RE: [CANSLIM] New base This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C12674.714147D0 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit Thanks, all. I appreciate it. - -----Original Message----- From: Ernie Hill [mailto:ernieh@ev1.net] Sent: Thursday, August 16, 2001 9:37 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] New base Kent is right if it falls back into the base it would not be a base on a base. It would only be a base on a base if the new base forms at higher price levels than the old base. E Kent Norman wrote: > I have seen repeated references to "falling back into > the base". So my vote would be for continuation of the > old base. > > Regards > Kent Norman > > --- "DiFabio, Nancy" wrote: > > > > If a stock tries to break out but misses, does it > > start a new base? If so > > does it become a "base on base" or does a stock > > start a new base only when > > it hits a new 52 wk high? > > > > Specialist(s), including dictators, please > > explicate. > > > > Thanks. > > Nancy > > > > "WorldSecure " made the following > > annotations on 08/16/01 09:25:18 > > > - ---------------------------------------------------------------------------- - -- > > PLEASE NOTE: This message, including any > > attachments, may include privileged, confidential > > and/or inside information. Any distribution or use > > of this communication by anyone other than the > > intended recipient(s) is strictly prohibited and may > > be unlawful. If you are not the intended recipient, > > please notify the sender by replying to this message > > and then delete it from your system. Thank you. > > > > > > > ============================================================================ == > > > > __________________________________________________ > Do You Yahoo!? > Make international calls for as low as $.04/minute with Yahoo! Messenger > http://phonecard.yahoo.com/ > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. "WorldSecure " made the following annotations on 08/16/01 09:58:18 - ------------------------------------------------------------------------------ PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you. ============================================================================== - ------_=_NextPart_001_01C12674.714147D0 Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: 7bit RE: [CANSLIM] New base

Thanks, all. I appreciate it.

-----Original Message-----
From: Ernie Hill [mailto:ernieh@ev1.net]
Sent: Thursday, August 16, 2001 9:37 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] New base


Kent is right if it falls back into the base it would not be a base on a base. It
would only be a base on a base if the new base forms at higher price levels than
the old base.

E

Kent Norman wrote:

> I have seen repeated references to "falling back into
> the base". So my vote would be for continuation of the
> old base.
>
> Regards
> Kent Norman
>
> --- "DiFabio, Nancy" <NDiFabio@irell.com> wrote:
> >
> > If a stock tries to break out but misses, does it
> > start a new base? If so
> > does it become a "base on base" or does a stock
> > start a new base only when
> > it hits a new 52 wk high?
> >
> > Specialist(s), including dictators, please
> > explicate.
> >
> > Thanks.
> > Nancy
> >
> > "WorldSecure <irell.com>" made the following
> >  annotations on 08/16/01 09:25:18
> >
> ------------------------------------------------------------------------------
> > PLEASE NOTE:  This message, including any
> > attachments, may include privileged, confidential
> > and/or inside information.  Any distribution or use
> > of this communication by anyone other than the
> > intended recipient(s) is strictly prohibited and may
> > be unlawful.  If you are not the intended recipient,
> > please notify the sender by replying to this message
> > and then delete it from your system. Thank you.
> >
> >
> >
> ==============================================================================
> >
>
> __________________________________________________
> Do You Yahoo!?
> Make international calls for as low as $.04/minute with Yahoo! Messenger
> http://phonecard.yahoo.com/
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
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"WorldSecure <irell.com>" made the following
annotations on 08/16/01 09:58:18
- ------------------------------------------------------------------------------
PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you.


==============================================================================

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