From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1897 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 Friday, December 7 2001 Volume 02 : Number 1897 In this issue: Re: [CANSLIM] asia Re: [CANSLIM] Price up, volume down Re: [CANSLIM] Price up, volume down Re: [CANSLIM] Price up, volume down Re: [CANSLIM] Price up, volume down [CANSLIM]Bases Re: [CANSLIM]Bases ---------------------------------------------------------------------- Date: Thu, 06 Dec 2001 22:32:15 -0700 From: esetser Subject: Re: [CANSLIM] asia I believe the statement is that cup bases are another buyable pattern, but more "failure prone" than cup with handle bases. At 10:41 PM 12/6/01 -0500, you wrote: >Katherine, >Thanks for pointing out about the 53% correction. I hadn't noticed that. >Doesn't WON say (can't, at the moment, find HTMMIS) that stocks sometimes >break out w/o handles in an early bull M? Wouldn't it be nice!?(probably >overoptimistic on my part!) >Ann > >----- Original Message ----- >From: "Katherine Malm" >To: >Sent: Thursday, December 06, 2001 8:53 PM >Subject: Re: [CANSLIM] asia > > >: Ann, >: >: You bring up a good point about the handle. One of my shortcomings to look >: at daily charts and not always look at the weekly in conjunction. My >: starting point on the "handle" count had it at 5 days, a bare minimum for >a >: handle. Probably much too short for a base that corrected 53% from the >left >: side of the cup. Makes me wonder, though, if breaking out of the cup >: *without* a handle is even riskier. I've just had this sense the last >couple >: of days that there was a bit of a buying frenzy going on and something >like >: ASIA might have been swept up in the wind. Not something that occurred to >me >: until you mentioned the handle problem, and maybe just something to watch >: out for in case it decides to carve a "real" handle right now. >: >: Katherine >: >: >: ----- Original Message ----- >: From: "Ann" >: To: >: Sent: Thursday, December 06, 2001 6:25 PM >: Subject: Re: [CANSLIM] asia >: >: >: > I bought at the open today. >: > I was thinking (hoping!) that that high on 12/4 wasn't the high of a >: handle >: > (since it wasn't a week+ long), but just a blip on the r-side of cup. I >: used >: > the high on 7/2 to calculate the pivot point. >: > Ann >: > ----- Original Message ----- >: > From: "Katherine Malm" >: > To: >: > Sent: Thursday, December 06, 2001 4:14 PM >: > Subject: Re: [CANSLIM] asia >: > >: > >: > : Hi Mike, >: > : >: > : That's what I was thinking as well. I saw a B/O on12/4 at a buy point >of >: > : 17.54 on about 2x ADV. >: > : >: > : That tail today may indicate a second chance to buy at the pivot might >: be >: > : just around the corner, though. >: > : >: > : Katherine >: > : ----- Original Message ----- >: > : From: "Mike Hofmann" >: > : To: >: > : Sent: Thursday, December 06, 2001 3:09 PM >: > : Subject: Re: [CANSLIM] asia >: > : >: > : >: > : > Horse is already out of the barn on this one, no? >: > : > >: > : > ----- Original Message ----- >: > : > From: "esetser" >: > : > To: >: > : > Sent: Wednesday, December 05, 2001 6:24 PM >: > : > Subject: Re: [CANSLIM] asia >: > : > >: > : > >: > : > > Yes, I am watching this one also, good movement today, and >warrants >: a >: > : > close >: > : > > watch. >: > : > > >: > : > > At 09:38 AM 12/5/01 -0800, you wrote: >: > : > > >I have been looking at asia. It seems to be forming a double >: bottom. >: > : In >: > : > > a strong industry group. Accellerating earnings. >: > : > > > >: > : > > >- >: > : > > >-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. >: > : >: > >: > >: > - >: > -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. ------------------------------ Date: Fri, 7 Dec 2001 01:13:41 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Price up, volume down This is a multi-part message in MIME format. - ------=_NextPart_000_0032_01C17EBC.689DAD80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I don't mean to sound paranoid, but have noticed that a good, general = question asked here shows up in "Ask Bill" within a day or so quite = often, usually from some town I have never heard of. Probably just a coincidence, I am sure Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, December 06, 2001 7:26 PM Subject: Re: [CANSLIM] Price up, volume down NDi: WON touches on that question today in IBD.com: =20 Ask Bill O'Neil =20 Is a stock making new highs on relatively low volume a positive or = negative=20 sign? =20 - Submitted from Mulkeytown, Ill. =20 =20 A stock making new highs on decreasing or low volume is a frequent = sign of=20 a top. The fading trading levels indicate the stock is having a hard = time=20 finding the demand necessary to keep or increase its gains. An article = in the=20 Investor's Corner Archives explains this situation in more detail. =20 jans In a message dated 12/5/2001 2:56:12 PM Eastern Standard Time,=20 NDiFabio@irell.com writes: << Should I worry if the price of a stock goes up substantially on = down=20 volume? =20 What does this mean? >> - -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_0032_01C17EBC.689DAD80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I don't mean to sound paranoid, but have noticed = that a good,=20 general question asked here shows up in "Ask Bill" within a day or so = quite=20 often, usually from some town I have never heard of.
 
Probably just a coincidence, I am sure
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com =
Sent: Thursday, December 06, = 2001 7:26=20 PM
Subject: Re: [CANSLIM] Price = up, volume=20 down

NDi:

     WON touches on = that=20 question today in IBD.com: 

 Ask Bill = O'Neil
 =20
 Is a stock making new highs on relatively low volume a = positive or=20 negative
sign?     
- Submitted from=20 Mulkeytown, Ill.   
 
  A stock making = new=20 highs on decreasing or low volume is a frequent sign of
a top. The = fading=20 trading levels indicate the stock is having a hard time
finding = the demand=20 necessary to keep or increase its gains. An article in the =
Investor's=20 Corner Archives explains this situation in more detail. =20

jans



In a message dated 12/5/2001 2:56:12 PM = Eastern=20 Standard Time,
NDiFabio@irell.com=20 writes:

<< Should I worry if the price of a stock goes up = substantially on down
volume?
 
 What does this=20 mean?
  >>

-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0032_01C17EBC.689DAD80-- - - - -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: Fri, 7 Dec 2001 08:00:35 -0500 From: "Ann" Subject: Re: [CANSLIM] Price up, volume down This is a multi-part message in MIME format. - ------=_NextPart_000_0029_01C17EF5.40AF4480 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Saves us the time of writing in to ibd! :-) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 1:13 AM Subject: Re: [CANSLIM] Price up, volume down I don't mean to sound paranoid, but have noticed that a good, general = question asked here shows up in "Ask Bill" within a day or so quite = often, usually from some town I have never heard of. Probably just a coincidence, I am sure Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, December 06, 2001 7:26 PM Subject: Re: [CANSLIM] Price up, volume down NDi: WON touches on that question today in IBD.com: =20 Ask Bill O'Neil =20 Is a stock making new highs on relatively low volume a positive or = negative=20 sign? =20 - Submitted from Mulkeytown, Ill. =20 =20 A stock making new highs on decreasing or low volume is a frequent = sign of=20 a top. The fading trading levels indicate the stock is having a hard = time=20 finding the demand necessary to keep or increase its gains. An = article in the=20 Investor's Corner Archives explains this situation in more detail. =20 jans In a message dated 12/5/2001 2:56:12 PM Eastern Standard Time,=20 NDiFabio@irell.com writes: << Should I worry if the price of a stock goes up substantially on = down=20 volume? =20 What does this mean? >> - -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_0029_01C17EF5.40AF4480 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Saves us the time of writing in to ibd! = :-)
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Friday, December 07, 2001 = 1:13=20 AM
Subject: Re: [CANSLIM] Price = up, volume=20 down

I don't mean to sound paranoid, but have noticed = that a=20 good, general question asked here shows up in "Ask Bill" within a day = or so=20 quite often, usually from some town I have never heard = of.
 
Probably just a coincidence, I am = sure
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Thursday, December 06, = 2001 7:26=20 PM
Subject: Re: [CANSLIM] Price = up, volume=20 down

NDi:

     WON touches on = that=20 question today in IBD.com: 

 Ask Bill = O'Neil
 =20
 Is a stock making new highs on relatively low volume a = positive or=20 negative
sign?     
- Submitted = from=20 Mulkeytown, Ill.   
 
  A stock = making new=20 highs on decreasing or low volume is a frequent sign of
a top. = The=20 fading trading levels indicate the stock is having a hard time =
finding=20 the demand necessary to keep or increase its gains. An article in = the=20
Investor's Corner Archives explains this situation in more = detail. =20

jans



In a message dated 12/5/2001 2:56:12 PM = Eastern=20 Standard Time,
NDiFabio@irell.com=20 writes:

<< Should I worry if the price of a stock goes = up=20 substantially on down
volume?
 
 What does this=20 mean?
  >>

-
-To subscribe/unsubscribe, = email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_0029_01C17EF5.40AF4480-- - - - -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: Fri, 7 Dec 2001 08:02:17 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Price up, volume down This is a multi-part message in MIME format. - ------=_NextPart_000_0028_01C17EF5.7DAD9620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks, Ann, I needed a good laugh this morning after working 15 hours = straight yesterday, just so I could take today off. I think I know who = got the bargain out of that deal! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 8:00 AM Subject: Re: [CANSLIM] Price up, volume down Saves us the time of writing in to ibd! :-) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 1:13 AM Subject: Re: [CANSLIM] Price up, volume down I don't mean to sound paranoid, but have noticed that a good, = general question asked here shows up in "Ask Bill" within a day or so = quite often, usually from some town I have never heard of. Probably just a coincidence, I am sure Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, December 06, 2001 7:26 PM Subject: Re: [CANSLIM] Price up, volume down NDi: WON touches on that question today in IBD.com: =20 Ask Bill O'Neil =20 Is a stock making new highs on relatively low volume a positive = or negative=20 sign? =20 - Submitted from Mulkeytown, Ill. =20 =20 A stock making new highs on decreasing or low volume is a = frequent sign of=20 a top. The fading trading levels indicate the stock is having a = hard time=20 finding the demand necessary to keep or increase its gains. An = article in the=20 Investor's Corner Archives explains this situation in more detail. = =20 jans In a message dated 12/5/2001 2:56:12 PM Eastern Standard Time,=20 NDiFabio@irell.com writes: << Should I worry if the price of a stock goes up substantially on = down=20 volume? =20 What does this mean? >> - -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_0028_01C17EF5.7DAD9620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks, Ann, I needed a good laugh this morning = after working=20 15 hours straight yesterday, just so I could take today off. I think I = know who=20 got the bargain out of that deal!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ann=20
To: canslim@lists.xmission.com =
Sent: Friday, December 07, 2001 = 8:00=20 AM
Subject: Re: [CANSLIM] Price = up, volume=20 down

Saves us the time of writing in to ibd! = :-)
 
----- Original Message -----
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com =
Sent: Friday, December 07, = 2001 1:13=20 AM
Subject: Re: [CANSLIM] Price = up, volume=20 down

I don't mean to sound paranoid, but have noticed = that a=20 good, general question asked here shows up in "Ask Bill" within a = day or so=20 quite often, usually from some town I have never heard = of.
 
Probably just a coincidence, I am = sure
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com =
Sent: Thursday, December = 06, 2001=20 7:26 PM
Subject: Re: [CANSLIM] = Price up,=20 volume down

NDi:

     WON touches on = that=20 question today in IBD.com: 

 Ask Bill = O'Neil
 =20
 Is a stock making new highs on relatively low volume a = positive=20 or negative
sign?     
- = Submitted from=20 Mulkeytown, Ill.   
 
  A stock = making new=20 highs on decreasing or low volume is a frequent sign of
a top. = The=20 fading trading levels indicate the stock is having a hard time =
finding=20 the demand necessary to keep or increase its gains. An article in = the=20
Investor's Corner Archives explains this situation in more=20 detail. 

jans



In a message dated = 12/5/2001=20 2:56:12 PM Eastern Standard Time,
NDiFabio@irell.com=20 writes:

<< Should I worry if the price of a stock = goes up=20 substantially on down
volume?
 
 What does = this=20 mean?
  >>

-
-To subscribe/unsubscribe, = email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
- ------=_NextPart_000_0028_01C17EF5.7DAD9620-- - - - -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: Fri, 7 Dec 2001 06:58:36 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Price up, volume down This is a multi-part message in MIME format. - ------=_NextPart_000_0134_01C17EEC.97B9C380 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Morning Tom & Ann, Saw the "ask Bill" yesterday as well. Only answered for new highs on low = volume near the top... they've still got 5 more "new high's on low = volume" scenarios to go....hey, a whole *week's* worth out of one = discussion... Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 7:02 AM Subject: Re: [CANSLIM] Price up, volume down Thanks, Ann, I needed a good laugh this morning after working 15 hours = straight yesterday, just so I could take today off. I think I know who = got the bargain out of that deal! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 8:00 AM Subject: Re: [CANSLIM] Price up, volume down Saves us the time of writing in to ibd! :-) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 1:13 AM Subject: Re: [CANSLIM] Price up, volume down I don't mean to sound paranoid, but have noticed that a good, = general question asked here shows up in "Ask Bill" within a day or so = quite often, usually from some town I have never heard of. Probably just a coincidence, I am sure Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, December 06, 2001 7:26 PM Subject: Re: [CANSLIM] Price up, volume down NDi: WON touches on that question today in IBD.com: =20 Ask Bill O'Neil =20 Is a stock making new highs on relatively low volume a positive = or negative=20 sign? =20 - Submitted from Mulkeytown, Ill. =20 =20 A stock making new highs on decreasing or low volume is a = frequent sign of=20 a top. The fading trading levels indicate the stock is having a = hard time=20 finding the demand necessary to keep or increase its gains. An = article in the=20 Investor's Corner Archives explains this situation in more = detail. =20 jans In a message dated 12/5/2001 2:56:12 PM Eastern Standard Time,=20 NDiFabio@irell.com writes: << Should I worry if the price of a stock goes up substantially = on down=20 volume? =20 What does this mean? >> - -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_0134_01C17EEC.97B9C380 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Morning Tom & Ann,
 
Saw the "ask Bill" yesterday as well. = Only answered=20 for new highs on low volume near the top... they've still got 5 more = "new high's=20 on low volume" scenarios to go....hey, a whole *week's* worth out of one = discussion...
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Friday, December 07, 2001 = 7:02=20 AM
Subject: Re: [CANSLIM] Price = up, volume=20 down

Thanks, Ann, I needed a good laugh this morning = after=20 working 15 hours straight yesterday, just so I could take today off. I = think I=20 know who got the bargain out of that deal!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ann=20
Sent: Friday, December 07, = 2001 8:00=20 AM
Subject: Re: [CANSLIM] Price = up, volume=20 down

Saves us the time of writing in to ibd! = :-)
 
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Friday, December 07, = 2001 1:13=20 AM
Subject: Re: [CANSLIM] = Price up,=20 volume down

I don't mean to sound paranoid, but have = noticed that a=20 good, general question asked here shows up in "Ask Bill" within a = day or=20 so quite often, usually from some town I have never heard = of.
 
Probably just a coincidence, I am = sure
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com= =20
Sent: Thursday, December = 06, 2001=20 7:26 PM
Subject: Re: [CANSLIM] = Price up,=20 volume down

NDi:

     WON touches = on that=20 question today in IBD.com: 

 Ask Bill = O'Neil
 =20
 Is a stock making new highs on relatively low volume a = positive or negative
sign?      =
-=20 Submitted from Mulkeytown, Ill.    =
 
  A=20 stock making new highs on decreasing or low volume is a frequent = sign of=20
a top. The fading trading levels indicate the stock is = having a hard=20 time
finding the demand necessary to keep or increase its = gains. An=20 article in the
Investor's Corner Archives explains this = situation in=20 more detail. 

jans



In a message = dated=20 12/5/2001 2:56:12 PM Eastern Standard Time,
NDiFabio@irell.com=20 writes:

<< Should I worry if the price of a stock = goes up=20 substantially on down
volume?
 
 What does = this=20 mean?
  >>

-
-To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
- ------=_NextPart_000_0134_01C17EEC.97B9C380-- - - - -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: Fri, 07 Dec 2001 07:11:46 -0600 From: Chris Dempsey Subject: [CANSLIM]Bases The following is a portion of today's answer from ask WON. I think that a lot of people in this group do not understand this. The main point to keep in mind is that not every valid base will look like a perfect textbook example. Bases tend to trace the general market's direction, and that results in some bases that appear distorted aren't faulty. - - - -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: Fri, 7 Dec 2001 08:34:07 -0500 From: "Tom Worley" Subject: Re: [CANSLIM]Bases This is a multi-part message in MIME format. - ------=_NextPart_000_0039_01C17EF9.EFE1E580 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Chris, I find very few bases that appear "valid" according to the textbook. I = can find fault with almost every one mentioned here, for example, plus = almost every one I find on my own. The key for me has been finding ones = that fulfill most, but rarely all, of my demands and criteria. Only time, and performance, eventually proves whether they were really = faulty, or just not quite so perfect. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Chris Dempsey=20 To: canslim@lists.xmission.com=20 Sent: Friday, December 07, 2001 8:11 AM Subject: [CANSLIM]Bases The following is a portion of today's answer from ask WON. I think = that a lot of people in this group do not understand this. The main point to keep in mind is that not every valid base will look = like a perfect textbook example. Bases tend to trace the general market's direction, and that results in some bases that appear distorted aren't faulty. - -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_0039_01C17EF9.EFE1E580 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Chris,
 
I find very few bases that appear "valid" according = to the=20 textbook. I can find fault with almost every one mentioned here, for = example,=20 plus almost every one I find on my own. The key for me has been finding = ones=20 that fulfill most, but rarely all, of my demands and = criteria.
 
Only time, and performance, eventually proves = whether they=20 were really faulty, or just not quite so perfect.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Chris Dempsey
To: canslim@lists.xmission.com =
Sent: Friday, December 07, 2001 = 8:11=20 AM
Subject: [CANSLIM]Bases

The following is a portion of today's answer from ask = WON. I=20 think that a
lot of people in this group do not understand = this.

The=20 main point to keep in mind is that not every valid base will look like = a
perfect textbook example. Bases tend to trace the general=20 market's
direction, and that results in some bases that appear = distorted=20 aren't
faulty.


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0039_01C17EF9.EFE1E580-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1897 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.