From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3546 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 21 2003 Volume 02 : Number 3546 In this issue: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? [CANSLIM] Wind Energy - Green Mountain Energy RE: [CANSLIM] breakoutwatch [CANSLIM] Itro:Dan Forant RE: [CANSLIM] ELBO - thoughts on where to get in? RE: [CANSLIM] SSYS Going Through 50 dma and more Re: [CANSLIM] Itro:Dan Forant RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? ---------------------------------------------------------------------- Date: Wed, 20 Aug 2003 17:12:03 -0500 From: michael_niemotka@baxter.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? Mike, Thanks for the clarification. Ironically enough, I too was shaken out of this one. Turns out I was adding to my position was the left cup edge was formed...imagine that! Take care Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Mike Gibbons" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 05:05 PM Please respond to canslim Hi Mike, As I see it, there are two components to a breakout - price and volume. There is certainly room for debate over what period the volume must be sustained to qualify for the 150% of adv - is it the exact day of the breakout attempt or could the volume come in over several days? So provided a stock closes above it's pivot on less than 150% volume, it could be called a weak breakout which may or may not be sustained over the next few days. We currently put a strict interpretation on the breakout rule and call it a failed breakout if the price AND volume criteria are not met. I feel there is less room for debate over the price action. Today's intraday high was above the previous pivot but it closed below indicating that the sellers had the upper hand at the end of the day. Because the intraday high was above the old pivot, a new pivot was set and I think it's appropriate to consider any future action in relation to that new pivot rather than the old one. Regardless of these somewhat arcane issues, it seems to me that the current price/volume action of LF is volatile and while obviously good profits can be had, they are at a high risk. I have a low risk tolerance and would avoid it - I've been whipsawed out of this one before! Aloha, Mike Gibbons http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of michael_niemotka@baxter.com Sent: Wednesday, August 20, 2003 11:25 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? Mike, I understand that the way you described it is how the algorithm at breakoutwatch will watch the chart, but from a human eye perspective, it could be possible that the breakout will be sustained tomorrow. If it is again on high volume, would it not offer a valid entry point? I am speaking in a strictly WON interpretation, but of course I am going from memory here, and it is the end of a long day..... Did you make your software handle a failed breakout in this fashion because of backtesting, or your interpretation of WON rules. Keep up the great work. Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Mike Gibbons" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 03:41 PM Please respond to canslim LF failed to sustain its move above it's pivot point of $34.77 set on 6/18 today. The effect of this is that has now set a new pivot point of today's high of $34.99, with the left side of the cup unchanged at $35.70 on 12/03/02. The next few days will show if it forms a new handle and presents another valid entry point. If it were to do so, the action in the right side of the cup leading up to the new pivot point would not seem to favor a strong breakout from the new pivot point. Aloha, Mike Gibbons http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of michael_niemotka@baxter.com Sent: Wednesday, August 20, 2003 10:16 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? I personally hate watching something like the LF scenario, and having to make the choice to sell off a stock that may be doing okay, that is giving no sell signs, in order to free up capital to make the purchase. Then of course, the new stock reverses, and the one you sold takes off to the sky..... Thanks for letting me hop on the "things that frustrate investors" bandwagon. You Texans sure know how to draw a wagon train! :) Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com Tomas To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 03:01 PM Please respond to canslim Kelly, Sounds like you are asking if there is any way we could figure out a way to predict the future. :). j/k. In any case, I know how you feel. I think everyone here has been in that situation at one time or another, and probably more times. Actually, it happens to me a few times the last few months. Been eyeing a stock for a long time, and seeing it about to BO. Then it BO with a %10+ price. Then I just jump up and down and curse at the air. :). Look at the bright side, it is still withing the entry point. Your Fellow Texan, tomas - --- michael_niemotka@baxter.com wrote: > > Brad, > > I'm sorry, I meant to say 8/14 NOT 7/14. Sorry > about that. > > Mike > > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > > > bflauaus > > > To: > canslim@lists.xmission.com > > Sent by: cc: > > > owner-canslim@lists.xm > Subject: RE: [CANSLIM] LF - Frustration! Could I > have gotten in > ission.com > yesterday? > > > > > > > > 08/20/2003 02:48 PM > > > Please respond to > > > canslim > > > > > > > > > > > > > Mike, > > I looked at the LF on 7/14 and cannot identify the > MACD crossover. I see > x-overs on the 8th and 28th, but not the 14th. > > Am I missing something here? I am using MACD(12,26) > and MACD EMA(9). > > Brad > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of > michael_niemotka@baxter.com > Sent: Wednesday, August 20, 2003 1:27 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] LF - Frustration! Could I > have gotten in > yesterday? > > > > Kelly, > > I have also been watching LF. > I would however, argue that the pivot point is at > $34.77 (high on 6/18), > and that even though it would be nice to have the > 9+% gain from today, on > top of any future profits, if you are following > CANSLIM then you wait for > high vol breakout above the pivot. (That could > still happen today, since > it was above 34.77 intraday). > > As far as technical indicators, on 7/14 the MACD > crossed over the signal > line, which some people take as a buy sign. I have > been checking this > signal as a secondary confirmation when I see a > breakout occurring, but > have not done extensive backtesting on this. > > I know how you feel when you see a huge single day > gain on a stock that you > are willing to purchase, but if you choose to enter > a position prior to a > breakout, you do so at addition risk. > > You just have to decide how the risk reward ratio > fits into your personal > style. > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > "Kelly Short" > canslim@lists.xmission.com > ris.com> cc: > Sent by: > Subject: [CANSLIM] LF > - > Frustration! Could I have gotten in yesterday? > owner-canslim@lists.xm > ission.com > > > 08/20/2003 01:03 PM > Please respond to > canslim > > > > > > > Folks, (that's Texan for "Everyone") > > LF has been on my watch list and I was awaiting an > alert from my > breakoutwatch.com subscription which if I had > received I was planning to > purchase it. Today, LF broke out and by the time I > was able to check the > breakout alert and stock action it was already up 9% > for the day, but not > yet above the breakout price. I could have gotten > in, and might still do > that tomorrow if it pulls back, but I am frustrated > that a stock, on my > watch list, which I was willing to purchase, would > run up so much before I > could do anything about it. Therefore, I pose the > following question: > > Given the action of LF (see attached chart) are > there any technical > indicators that could have notified me **yesterday** > that this stock was > going to rocket off today? Is it reasonable to > believe I could have bought > the stock yesterday to participate in today's action > and still be following > CANSLIM rules? I would greatly appreciate anyone's > advice on this. > > Frustrated Texan, > > Kelly > (See attached file: LF.gif) > > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. > > > > > > > > === message truncated === __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.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. - - - -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: Wed, 20 Aug 2003 20:17:23 -0500 From: "Gene Ricci" Subject: [CANSLIM] Wind Energy - Green Mountain Energy This is a multi-part message in MIME format. - ------=_NextPart_000_0DF0_01C36758.10FAF110 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I checked with Green Mountain about their status Gene At this time, Green Mountain Energy Company remains a privately held company. To keep informed on matters related to this issue, I suggest that you visit our website at www.greenmountain.com from time to time to check for updates. Any information regarding this matter will be posted on the site. It is our intention to go public, but we do not currently have a timeline available for this action. Sincerely,=20 Nicole Bethley The Folks at Green Mountain - ------=_NextPart_000_0DF0_01C36758.10FAF110 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I = checked with=20 Green Mountain about their status
Gene
 

At this time, Green Mountain Energy Company remains a = privately=20 held
company. To keep informed on matters related to this issue, I=20 suggest
that you visit our website at www.greenmountain.com from = time to time=20 to
check for updates. Any information regarding this matter will be=20 posted
on the site. It is our intention to go public, but we do not=20 currently
have a timeline available for this = action.

Sincerely,=20

Nicole Bethley

The Folks at Green = Mountain
- ------=_NextPart_000_0DF0_01C36758.10FAF110-- - - - -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, 20 Aug 2003 11:26:47 +0200 From: "A Thierry Bungener" Subject: RE: [CANSLIM] breakoutwatch This is a multi-part message in MIME format. - ------=_NextPart_000_001B_01C3670D.F13C9120 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit PLEASE CANCEL MY SUBSCRIPTION TKS -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Jeff Henderson Sent: 20 August 2003 17:55 To: Canslim Subject: [CANSLIM] breakoutwatch For those of you that use breakout watch, I have a few questions: 1) Do you buy as soon as you get an alert or do you filter for chart quality and the CE value to determine what do buy? 2) What is your opinion overall for the site? - ------=_NextPart_000_001B_01C3670D.F13C9120 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable
PLEASE=20 CANCEL MY SUBSCRIPTION
TKS
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Jeff=20 Henderson
Sent: 20 August 2003 17:55
To:=20 Canslim
Subject: [CANSLIM] = breakoutwatch

For those of you that = use breakout=20 watch, I have a few questions:

1)      =20 Do you buy as soon as = you get an=20 alert or do you filter for chart quality and the CE value to determine = what do=20 buy?

2)      =20 What is your opinion = overall for=20 the = site?

- ------=_NextPart_000_001B_01C3670D.F13C9120-- - - - -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, 20 Aug 2003 22:40:14 -0400 From: "Dan Forant" Subject: [CANSLIM] Itro:Dan Forant This is a multi-part message in MIME format. - ------=_NextPart_000_008F_01C3676C.05B40A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello all, I frequented this group for awhile over a year ago. Canslim has been = dead in the water for awhile. Now it seems some action is among us again = with the positive market move. I've been swing trading for some time now = and am ready for real action if the market continues to improve. The = Bear is asleep again.=20 Read about 40 post so far and see the group has continued to supply good = info. I notice a little more TA is allowed along with posting of other = helpful sites. Back then TA wasn't welcomed well. I like to mix it up. I = use TC2000 and Medved's Quote Tracker. Let's make some $$. Dan - ------=_NextPart_000_008F_01C3676C.05B40A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hello all,
 
I frequented this group for awhile over a year ago. = Canslim=20 has been dead in the water for awhile. Now it seems some action is among = us=20 again with the positive market move. I've been swing trading for some = time now=20 and am ready for real action if the market continues to improve. The = Bear is=20 asleep again.
 
Read about 40 post so far and see the group has = continued to=20 supply good info. I notice a little more TA is allowed along with = posting of=20 other helpful sites. Back then TA wasn't welcomed well. I like to mix it = up. I=20 use TC2000 and Medved's Quote Tracker. Let's make some $$.
 
Dan
 
- ------=_NextPart_000_008F_01C3676C.05B40A80-- - - - -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, 20 Aug 2003 20:50:57 -0700 (PDT) From: Tomas Subject: RE: [CANSLIM] ELBO - thoughts on where to get in? Fred, Not interested in the stock, but just curious. What do you mean a "downward sloping trend line"? Please elaborate. Thanks, tomas - --- Fred Richards wrote: > From a strict WON approach, it is only rated at B + > 154 (EPS +RS). WON > advocates not looking at stocks below 160. While > the recent uptrend is > encouraging and on a weekly chart, the current price > has penetrated the > downward sloping trend line, you must ask yourself . > . . What is my reason > for investing in this company? > > Your answer to that question will tell you if you > should buy it today? > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf > Of Krueger, Kevin > Sent: Wednesday, August 20, 2003 9:00 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ELBO - thoughts on where to get > in? > > > ELBO has interesting and steady pattern - the kind I > like - what do you > think? > > -Kevin > > __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.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: Wed, 20 Aug 2003 21:19:19 -0700 (PDT) From: Tomas Subject: RE: [CANSLIM] SSYS Going Through 50 dma and more LOL! Kelly please keep it a secret. Steve, if there is any thing to the recent increase in price, I am thinking it will appear in the news in the near future. Interesting to see. tomas - --- Kelly Short wrote: > Steve, > > Tomas sent me the key to predicting the future > offline and while I won't share it with you I'll > tell you what will happen tomorrow : SSYS will go up > or down. > > Probably not the answer you were looking for, but > then I'm not the person to really answer the > question either, so there you go. It does look like > it's forming a cup with handle formation given the > chart action along with volume action. IMHO. > > Kelly > > -----Original Message----- > From: Steve Goodwin [mailto:sgoodwin@cfl.rr.com] > Sent: Wednesday, August 20, 2003 3:37 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] SSYS Going Through 50 dma and > more > > > Hey, > > Does anyone want to venture a guess as to why SSYS > has risen over 20% in the last 2 sessions? Besides > the 50 dma line and the "IBD effect", what else > could it be? Fundamentally sound small stock on top > of IBD heap @ the moment but... > > Kelly, since you attempting to predict the future > now... any insights? (:*>... > > - S > sgoodwin@cfl.rr.com > > SOA ... "The ability of a company to respond quickly > and efficiently to change and to leverage change for > a competitive advantage." - Jason Bloomberg > > __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.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: Wed, 20 Aug 2003 22:45:40 -0700 From: "DMC197807" Subject: Re: [CANSLIM] Itro:Dan Forant This is a multi-part message in MIME format. - ------=_NextPart_000_008C_01C3676C.C8000800 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Dan, Back then TA wasn't welcomed well? How did anyone determine a = trendline, a pivot point, a breakout, resistance or support back then? = Realistically, how can you know when to buy or when to sell without TA? TC2K, Medved's QT--just add in stockcharts and 4 screens and you have my = approach. DMC - ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, August 20, 2003 7:40 PM Subject: [CANSLIM] Itro:Dan Forant=20 Hello all, I frequented this group for awhile over a year ago. Canslim has been = dead in the water for awhile. Now it seems some action is among us again = with the positive market move. I've been swing trading for some time now = and am ready for real action if the market continues to improve. The = Bear is asleep again.=20 Read about 40 post so far and see the group has continued to supply = good info. I notice a little more TA is allowed along with posting of = other helpful sites. Back then TA wasn't welcomed well. I like to mix it = up. I use TC2000 and Medved's Quote Tracker. Let's make some $$. Dan - ------=_NextPart_000_008C_01C3676C.C8000800 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Dan,
 
Back then TA wasn't welcomed = well?  How did=20 anyone determine a trendline, a pivot point, a breakout, resistance or = support=20 back then?  Realistically, how can you know when to buy or when to = sell=20 without TA?
 
TC2K, Medved's QT--just add in = stockcharts and 4=20 screens and you have my approach.
 
DMC
 
----- Original Message -----
From:=20 Dan=20 Forant
Sent: Wednesday, August 20, = 2003 7:40=20 PM
Subject: [CANSLIM] Itro:Dan = Forant

Hello all,
 
I frequented this group for awhile over a year = ago. Canslim=20 has been dead in the water for awhile. Now it seems some action is = among us=20 again with the positive market move. I've been swing trading for some = time now=20 and am ready for real action if the market continues to improve. The = Bear is=20 asleep again.
 
Read about 40 post so far and see the group has = continued to=20 supply good info. I notice a little more TA is allowed along with = posting of=20 other helpful sites. Back then TA wasn't welcomed well. I like to mix = it up. I=20 use TC2000 and Medved's Quote Tracker. Let's make some = $$.
 
Dan
 
- ------=_NextPart_000_008C_01C3676C.C8000800-- - - - -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, 21 Aug 2003 00:52:09 -0700 From: "Margate, Allan" Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? 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_01C367B9.1F9C6620 Content-Type: text/plain; charset="iso-8859-1" FYI - based on the article from reuters below it seems like most of the activity yesterday was due to new products shipping out to the stores for back to school. I still believe that there is still some time to buy LF, it seems that around $35 is the resistance. If there is strong volume today another BO above $35-$36 then I would think about buying. There was an earlier email that stated the following IBD #'s" LF rating according to IBD EPS Rate: 60 RS: 73 Industry Strength: C+ SMR: B Acc/Distr: C+ I would like to add my 2 cents. I believe IBD takes into consideration quarterly growth. In the toy industry a majority of sales (70% or so) are in the 3rd and 4th qtr so look at the current vs prior year qrtr when your doing your analysis or year vs year. If you look at their annual data: 2000 2001 2002 Revenue 160M 314M 532M Income -2M 10M 43M So as you can see, the financials have been great. The financials were achieved during a recession, a Long Beach port strike, the political climate, and a time when K-Mart declared bankruptcy. In the toy industry there is the Big 4: Walmart, Toys R Us, Target, and Kmart which account for 50% - 70% of all toy sales in the US. Also keep in mind that LF just expanded internationally into Germany a few months ago. Also with industry strength being a C+ you can think of it in two ways: The toy industry is mature or that LF is placed in the wrong category of the toy industry. I think it should be placed in its own category called electronic learning. It is a cross between a toy and an educational tool or book. I work for a competitor so I have some industry knowledge. Fisher Price's new e-book is very impressive and uses the mouse pad technology on a laptop so that when you press on the book it automatically talks without a stylus. Granted Fisher Price does look like they have a great new product (I was in a presentation that showed the functionality of the book) and there has been a lot of good press and Mattel is planning one really pushing the product. Wall Street always looks into the future and with the upcoming school and Christmas season most of LF earnings are still yet to come. I bought LF at 26 and again at 30 and though I like the company I am still a little skeptical because there seems to be resistance at $35 and it seems to me that we are in a trading range. Hope this helps. If you have any other questions about the industry please feel free to ask me. LeapFrog shares rise as new toys hit stores Wednesday August 20, 1:45 pm ET By Angela Moore NEW YORK, Aug 20 (Reuters) - Shares of LeapFrog Enterprises Inc. (NYSE:LF - News) rose sharply on Wednesday, as the company rolled out its new line of electronic learning toys and braced for a market-share battle with giant toymaker Mattel Inc. (NYSE:MAT - News). ADVERTISEMENT Emeryville, California-based LeapFrog is launching LeapPad Plus Writing, an updated version of its core LeapPad product, and Little Touch, for children 6 months to 36 months old. At the same time, Fisher-Price, a unit of Mattel, is bringing out PowerTouch Learning System, which will compete with the LeapPad. "It is very significant that LeapFrog's new products have hit shelves in a timely way; we're heading into back-to-school season right now," said Natalie Walrond, an analyst with Pacific Growth Equities. "We were very impressed with LeapPad Plus Writing ... I expect it to do well." LeapFrog's shares were up $2.93, or 9.3 percent, at $34.54, on the New York Stock Exchange (News - Websites), after hitting a session high of $34.99. Mattel's shares were up 51 cents, or 2.6 percent, at $20.03. Both LeapPad and PowerTouch teach reading, numbers and basic skills in an electronic "book" format. Fisher-Price's PowerTouch is geared toward 3- to 8-year- olds, while the LeapPad is meant for ages 4 and up. In addition, LeapPad uses an attached stylus to activate lessons, but kids can operate PowerTouch with their fingers. The LeapPad Plus Writing combines the core LeapPad product with an emphasis on learning writing and math. LeapFrog's Little Touch has the same basic platform as LeapPad, but is designed for very young children to use with adult assistance. The launch of the PowerTouch Learning System is part of Fisher-Price's plan to nab a larger share of the market for preschool electronic learning toys. Fisher-Price plans to spend an unprecedented amount of marketing dollars to promote it -- nearly three times what it has historically spent on other new products. "It's certainly a possibility these two companies could grow the category and end up doing well with it, but it's too early to declare a winner," said Walrond. "We do prefer LeapFrog products, but Mattel's marketing engine should not be discounted." - -----Original Message----- From: michael_niemotka@baxter.com [mailto:michael_niemotka@baxter.com] Sent: Thursday, August 21, 2003 12:12 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? Mike, Thanks for the clarification. Ironically enough, I too was shaken out of this one. Turns out I was adding to my position was the left cup edge was formed...imagine that! Take care Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Mike Gibbons" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 05:05 PM Please respond to canslim Hi Mike, As I see it, there are two components to a breakout - price and volume. There is certainly room for debate over what period the volume must be sustained to qualify for the 150% of adv - is it the exact day of the breakout attempt or could the volume come in over several days? So provided a stock closes above it's pivot on less than 150% volume, it could be called a weak breakout which may or may not be sustained over the next few days. We currently put a strict interpretation on the breakout rule and call it a failed breakout if the price AND volume criteria are not met. I feel there is less room for debate over the price action. Today's intraday high was above the previous pivot but it closed below indicating that the sellers had the upper hand at the end of the day. Because the intraday high was above the old pivot, a new pivot was set and I think it's appropriate to consider any future action in relation to that new pivot rather than the old one. Regardless of these somewhat arcane issues, it seems to me that the current price/volume action of LF is volatile and while obviously good profits can be had, they are at a high risk. I have a low risk tolerance and would avoid it - I've been whipsawed out of this one before! Aloha, Mike Gibbons http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of michael_niemotka@baxter.com Sent: Wednesday, August 20, 2003 11:25 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? Mike, I understand that the way you described it is how the algorithm at breakoutwatch will watch the chart, but from a human eye perspective, it could be possible that the breakout will be sustained tomorrow. If it is again on high volume, would it not offer a valid entry point? I am speaking in a strictly WON interpretation, but of course I am going from memory here, and it is the end of a long day..... Did you make your software handle a failed breakout in this fashion because of backtesting, or your interpretation of WON rules. Keep up the great work. Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Mike Gibbons" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 03:41 PM Please respond to canslim LF failed to sustain its move above it's pivot point of $34.77 set on 6/18 today. The effect of this is that has now set a new pivot point of today's high of $34.99, with the left side of the cup unchanged at $35.70 on 12/03/02. The next few days will show if it forms a new handle and presents another valid entry point. If it were to do so, the action in the right side of the cup leading up to the new pivot point would not seem to favor a strong breakout from the new pivot point. Aloha, Mike Gibbons http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of michael_niemotka@baxter.com Sent: Wednesday, August 20, 2003 10:16 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday? I personally hate watching something like the LF scenario, and having to make the choice to sell off a stock that may be doing okay, that is giving no sell signs, in order to free up capital to make the purchase. Then of course, the new stock reverses, and the one you sold takes off to the sky..... Thanks for letting me hop on the "things that frustrate investors" bandwagon. You Texans sure know how to draw a wagon train! :) Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com Tomas To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in ission.com yesterday? 08/20/2003 03:01 PM Please respond to canslim Kelly, Sounds like you are asking if there is any way we could figure out a way to predict the future. :). j/k. In any case, I know how you feel. I think everyone here has been in that situation at one time or another, and probably more times. Actually, it happens to me a few times the last few months. Been eyeing a stock for a long time, and seeing it about to BO. Then it BO with a %10+ price. Then I just jump up and down and curse at the air. :). Look at the bright side, it is still withing the entry point. Your Fellow Texan, tomas - --- michael_niemotka@baxter.com wrote: > > Brad, > > I'm sorry, I meant to say 8/14 NOT 7/14. Sorry > about that. > > Mike > > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > > > bflauaus > > > To: > canslim@lists.xmission.com > > Sent by: cc: > > > owner-canslim@lists.xm > Subject: RE: [CANSLIM] LF - Frustration! Could I > have gotten in > ission.com > yesterday? > > > > > > > > 08/20/2003 02:48 PM > > > Please respond to > > > canslim > > > > > > > > > > > > > Mike, > > I looked at the LF on 7/14 and cannot identify the > MACD crossover. I see > x-overs on the 8th and 28th, but not the 14th. > > Am I missing something here? I am using MACD(12,26) > and MACD EMA(9). > > Brad > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of > michael_niemotka@baxter.com > Sent: Wednesday, August 20, 2003 1:27 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] LF - Frustration! Could I > have gotten in > yesterday? > > > > Kelly, > > I have also been watching LF. > I would however, argue that the pivot point is at > $34.77 (high on 6/18), > and that even though it would be nice to have the > 9+% gain from today, on > top of any future profits, if you are following > CANSLIM then you wait for > high vol breakout above the pivot. (That could > still happen today, since > it was above 34.77 intraday). > > As far as technical indicators, on 7/14 the MACD > crossed over the signal > line, which some people take as a buy sign. I have > been checking this > signal as a secondary confirmation when I see a > breakout occurring, but > have not done extensive backtesting on this. > > I know how you feel when you see a huge single day > gain on a stock that you > are willing to purchase, but if you choose to enter > a position prior to a > breakout, you do so at addition risk. > > You just have to decide how the risk reward ratio > fits into your personal > style. > > Mike > > Mike Niemotka , PE > Sr. Principal Engineer > Baxter Healthcare Corporation > Route 120 & Wilson Road > Round Lake, IL 60073 > Tel (847) 270-4075 > Fax (847) 270-4525 > michael_niemotka@baxter.com > > > > "Kelly Short" > canslim@lists.xmission.com > ris.com> cc: > Sent by: > Subject: [CANSLIM] LF > - > Frustration! Could I have gotten in yesterday? > owner-canslim@lists.xm > ission.com > > > 08/20/2003 01:03 PM > Please respond to > canslim > > > > > > > Folks, (that's Texan for "Everyone") > > LF has been on my watch list and I was awaiting an > alert from my > breakoutwatch.com subscription which if I had > received I was planning to > purchase it. Today, LF broke out and by the time I > was able to check the > breakout alert and stock action it was already up 9% > for the day, but not > yet above the breakout price. I could have gotten > in, and might still do > that tomorrow if it pulls back, but I am frustrated > that a stock, on my > watch list, which I was willing to purchase, would > run up so much before I > could do anything about it. Therefore, I pose the > following question: > > Given the action of LF (see attached chart) are > there any technical > indicators that could have notified me **yesterday** > that this stock was > going to rocket off today? Is it reasonable to > believe I could have bought > the stock yesterday to participate in today's action > and still be following > CANSLIM rules? I would greatly appreciate anyone's > advice on this. > > Frustrated Texan, > > Kelly > (See attached file: LF.gif) > > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. > > > > > > > > === message truncated === __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.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. - - - -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. - ------_=_NextPart_001_01C367B9.1F9C6620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] LF - Frustration! Could I have gotten in = yesterday?

FYI - based on the article from reuters below it = seems like most of the activity yesterday was due to new products = shipping out to the stores for back to school. I still believe that = there is still some time to buy LF, it seems that around $35 is the = resistance. If there is strong volume today another BO above $35-$36 = then I would think about buying.

There was an earlier email that stated the following = IBD #'s"
LF rating according to IBD
EPS Rate: 60
RS: 73
Industry Strength: C+
SMR: B
Acc/Distr: C+

I would like to add my 2 cents.  I believe IBD = takes into consideration quarterly growth.  In the toy industry a = majority of sales (70% or so) are in the 3rd and 4th qtr so look at the = current vs prior year qrtr when your doing your analysis or year vs = year. If you look at their annual data:

        =         =         2000    =         2001    =         2002
Revenue         = 160M            = 314M            = 532M
Income  =         -2M     =         10M     =         43M

So as you can see, the financials have been great. = The financials were achieved during a recession, a Long Beach port = strike, the political climate, and a time when K-Mart declared = bankruptcy. In the toy industry there is the Big 4: Walmart, Toys R Us, = Target, and Kmart which account for 50% - 70% of all toy sales in the = US. Also keep in mind that LF just expanded internationally into = Germany a few months ago. 

Also with industry strength being a C+ you can think = of it in two ways: The toy industry is mature or that LF is placed in = the wrong category of the toy industry. I think it should be placed in = its own category called electronic learning.  It is a cross = between a toy and an educational tool or book.

I work for a competitor so I have some industry = knowledge.  Fisher Price's new e-book is very impressive and uses = the mouse pad technology on a laptop so that when you press on the book = it automatically talks without a stylus. Granted Fisher Price does look = like they have a great new product (I was in a presentation that showed = the functionality of the book) and there has been a lot of good press = and Mattel is planning one really pushing the product.

Wall Street always looks into the future and with the = upcoming school and Christmas season most of LF earnings are still yet = to come.

I bought LF at 26 and again at 30 and though I like = the company I am still a little skeptical because there seems to be = resistance at $35 and it seems to me that we are in a trading range. =

Hope this helps. If you have any other questions = about the industry please feel free to ask me.


LeapFrog shares rise as new toys hit stores
Wednesday August 20, 1:45 pm ET
By Angela Moore


NEW YORK, Aug 20 (Reuters) - Shares of LeapFrog = Enterprises Inc. (NYSE:LF - News) rose sharply on Wednesday, as the = company rolled out its new line of electronic learning toys and braced = for a market-share battle with giant toymaker Mattel Inc. (NYSE:MAT - = News).

ADVERTISEMENT
 
 
Emeryville, California-based LeapFrog is launching = LeapPad Plus Writing, an updated version of its core LeapPad product, = and Little Touch, for children 6 months to 36 months old.

At the same time, Fisher-Price, a unit of Mattel, is = bringing out PowerTouch Learning System, which will compete with the = LeapPad.

"It is very significant that LeapFrog's new = products have hit shelves in a timely way; we're heading into = back-to-school season right now," said Natalie Walrond, an analyst = with Pacific Growth Equities. "We were very impressed with LeapPad = Plus Writing ... I expect it to do well."

LeapFrog's shares were up $2.93, or 9.3 percent, at = $34.54, on the New York Stock Exchange (News - Websites), after hitting = a session high of $34.99. Mattel's shares were up 51 cents, or 2.6 = percent, at $20.03.

Both LeapPad and PowerTouch teach reading, numbers = and basic skills in an electronic "book" format. = Fisher-Price's PowerTouch is geared toward 3- to 8-year- olds, while = the LeapPad is meant for ages 4 and up.

In addition, LeapPad uses an attached stylus to = activate lessons, but kids can operate PowerTouch with their = fingers.

The LeapPad Plus Writing combines the core LeapPad = product with an emphasis on learning writing and math.

LeapFrog's Little Touch has the same basic platform = as LeapPad, but is designed for very young children to use with adult = assistance.

The launch of the PowerTouch Learning System is part = of Fisher-Price's plan to nab a larger share of the market for = preschool electronic learning toys.

Fisher-Price plans to spend an unprecedented amount = of marketing dollars to promote it -- nearly three times what it has = historically spent on other new products.

"It's certainly a possibility these two = companies could grow the category and end up doing well with it, but = it's too early to declare a winner," said Walrond. "We do = prefer LeapFrog products, but Mattel's marketing engine should not be = discounted."






-----Original Message-----
From: michael_niemotka@baxter.com [mailto:michael_niemotka@baxt= er.com]
Sent: Thursday, August 21, 2003 12:12 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I = have gotten in
yesterday?



Mike,

Thanks for the clarification.  Ironically = enough, I too was shaken out of
this one.  Turns out I was adding to my = position was the left cup edge was
formed...imagine that!

Take care

Mike

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com


          &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;    

          &nb= sp;         "Mike = Gibbons"          = ;            = ;            = ;            = ;            = ;            = ;            = ;       

          &nb= sp;         = <mike@proactech.com>       &nbs= p; To:     = canslim@lists.xmission.com       &nbs= p;           &nbs= p;           &nbs= p;        

          &nb= sp;         Sent = by:           &nb= sp;         = cc:           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;            =

          &nb= sp;         = owner-canslim@lists.xm       = Subject:     RE: [CANSLIM] LF - Frustration! Could = I have gotten in       

          &nb= sp;         = ission.com          &n= bsp;         = yesterday?          &n= bsp;           &n= bsp;           &n= bsp;           &n= bsp;           &n= bsp;    

          &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;    

          &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;    

          &nb= sp;         08/20/2003 05:05 = PM           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;

          &nb= sp;         Please respond = to           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;           &nbs= p;  

          &nb= sp;         = canslim           = ;            = ;            = ;            = ;            = ;            = ;            = ;            = ; 

          &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;    

          &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;           &nb= sp;    





Hi Mike,

As I see it, there are two components to a breakout - = price and volume.
There is certainly room for debate over what period = the volume must be
sustained to qualify for the 150% of adv - is it the = exact day of the
breakout attempt or could the volume come in over = several days? So provided
a stock closes above it's pivot on less than 150% = volume, it could be
called
a weak breakout which may or may not be sustained = over the next few days.
We
currently put a strict interpretation on the = breakout rule and call it a
failed breakout if the price AND volume criteria are = not met.

I feel there is less room for debate over the price = action. Today's
intraday
high was above the previous pivot but it closed = below indicating that the
sellers had the upper hand at the end of the day. = Because the intraday high
was above the old pivot, a new pivot was set and I = think it's appropriate
to
consider any future action in relation to that new = pivot rather than the
old
one.

Regardless of these somewhat arcane issues, it seems = to me that the current
price/volume action of LF is volatile and while = obviously good profits can
be had, they are at a high risk. I have a low risk = tolerance and would
avoid
it - I've been whipsawed out of this one = before!

Aloha,

Mike Gibbons
http://www.proactech.com


-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@li= sts.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Wednesday, August 20, 2003 11:25 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I = have gotten in
yesterday?



Mike,

I understand that the way you described it is how the = algorithm at
breakoutwatch will watch the chart, but from a human = eye perspective, it
could be possible that the breakout will be = sustained tomorrow.
If it is again on high volume, would it not offer a = valid entry point? I am
speaking in a strictly WON interpretation, but of = course I am going from
memory here, and it is the end of a long = day.....
Did you make your software handle a failed breakout = in this fashion because
of backtesting, or your interpretation of WON = rules.

Keep up the great work.

Mike

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



          &nb= sp;         "Mike = Gibbons"
          &nb= sp;         = <mike@proactech.com>       &nbs= p; To:
canslim@lists.xmission.com
          &nb= sp;         Sent = by:           &nb= sp;         cc:
          &nb= sp;         = owner-canslim@lists.xm       = Subject:     RE: [CANSLIM]
LF - Frustration! Could I have gotten in
          &nb= sp;         = ission.com          &n= bsp;         yesterday?


          &nb= sp;         08/20/2003 03:41 = PM
          &nb= sp;         Please respond = to
          &nb= sp;         canslim






LF failed to sustain its move above it's pivot point = of $34.77 set on 6/18
today.

The effect of this is that has now set a new pivot = point of today's high of
$34.99, with the left side of the cup unchanged at = $35.70 on 12/03/02. The
next few days will show if it forms a new handle and = presents another valid
entry point. If it were to do so, the action in the = right side of the cup
leading up to the new pivot point would not seem to = favor a strong breakout
from the new pivot point.

Aloha,

Mike Gibbons
http://www.proactech.com


-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@li= sts.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Wednesday, August 20, 2003 10:16 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I = have gotten in
yesterday?



I personally hate watching something like the LF = scenario, and having to
make the choice to sell off a stock that may be = doing okay, that is giving
no sell signs, in order to free up capital to make = the purchase.  Then of
course, the new stock reverses, and the one you sold = takes off to the
sky.....

Thanks for letting me hop on the "things that = frustrate investors"
bandwagon.  You Texans sure know how to draw a = wagon train!  :)

Mike

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



          &nb= sp;         Tomas
          &nb= sp;         = <tomas986@yahoo.com>       &nbs= p; To:
canslim@lists.xmission.com
          &nb= sp;         Sent = by:           &nb= sp;         cc:
          &nb= sp;         = owner-canslim@lists.xm       = Subject:     RE: [CANSLIM]
LF - Frustration! Could I have gotten in
          &nb= sp;         = ission.com          &n= bsp;         yesterday?


          &nb= sp;         08/20/2003 03:01 = PM
          &nb= sp;         Please respond = to
          &nb= sp;         canslim






Kelly,

Sounds like you are asking if there is any way = we
could figure out a way to predict the future.  = :).

j/k.

In any case, I know how you feel.  I think = everyone
here has been in that situation at one time = or
another, and probably more times.  Actually, = it
happens to me a few times the last few months.  = Been
eyeing a stock for a long time, and seeing it about = to
BO.  Then it BO with a %10+ price.  Then I = just jump
up and down and curse at the air.  :).

Look at the bright side, it is still withing the = entry
point.


Your Fellow Texan,
tomas


--- michael_niemotka@baxter.com wrote:
>
> Brad,
>
> I'm sorry, I meant to say 8/14 NOT = 7/14.   Sorry
> about that.
>
> Mike
>
>
> Mike Niemotka , PE
> Sr. Principal Engineer
> Baxter Healthcare Corporation
> Route 120 & Wilson Road
> Round Lake, IL 60073
> Tel (847) 270-4075
> Fax (847) 270-4525
> michael_niemotka@baxter.com
>
>
>
>
>
>          = ;           = bflauaus
>
>
>          = ;           = <bflauaus@swbell.net>        = To:
>     = canslim@lists.xmission.com
>
>          = ;           Sent = by:           &nb= sp;         cc:
>
>
>          = ;           = owner-canslim@lists.xm
> Subject:     RE: [CANSLIM] = LF - Frustration! Could I
> have gotten in
>          = ;           = ission.com
> yesterday?
>
>
>
>
>
>
>
>          = ;           = 08/20/2003 02:48 PM
>
>
>          = ;           Please = respond to
>
>
>          = ;           = canslim
>
>
>
>
>
>
>
>
>
>
>
>
> Mike,
>
> I looked at the LF on 7/14 and cannot identify = the
> MACD crossover.  I see
> x-overs on the 8th and 28th, but not the = 14th.
>
> Am I missing something here?  I am using = MACD(12,26)
> and MACD EMA(9).
>
> Brad
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@li= sts.xmission.com]On Behalf
> Of
> michael_niemotka@baxter.com
> Sent: Wednesday, August 20, 2003 1:27 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] LF - Frustration! Could = I
> have gotten in
> yesterday?
>
>
>
> Kelly,
>
> I have also been watching LF.
> I would however, argue that the pivot point is = at
> $34.77 (high on 6/18),
> and that even though it would be nice to have = the
> 9+% gain from today, on
> top of any future profits, if you are = following
> CANSLIM then you wait for
> high vol breakout above the pivot.  (That = could
> still happen today, since
> it was above 34.77 intraday).
>
> As far as technical indicators, on 7/14 the = MACD
> crossed over the signal
> line, which some people take as a buy sign. I = have
> been checking this
> signal as a secondary confirmation when I see = a
> breakout occurring, but
> have not done extensive backtesting on = this.
>
> I know how you feel when you see a huge single = day
> gain on a stock that you
> are willing to purchase, but if you choose to = enter
> a position prior to a
> breakout, you do so at addition risk.
>
> You just have to decide how the risk reward = ratio
> fits into your personal
> style.
>
> Mike
>
> Mike Niemotka , PE
> Sr. Principal Engineer
> Baxter Healthcare Corporation
> Route 120 & Wilson Road
> Round Lake, IL 60073
> Tel (847) 270-4075
> Fax (847) 270-4525
> michael_niemotka@baxter.com
>
>
>
>          = ;           = "Kelly Short"
>          = ;           = <kelly.short@fw.us.neo       = To:
> canslim@lists.xmission.com
>          = ;           = ris.com>          &= nbsp;          cc:
>          = ;           Sent = by:
> Subject:     [CANSLIM] = LF
> -
> Frustration! Could I have gotten in = yesterday?
>          = ;           = owner-canslim@lists.xm
>          = ;           = ission.com
>
>
>          = ;           = 08/20/2003 01:03 PM
>          = ;           Please = respond to
>          = ;           = canslim
>
>
>
>
>
>
> Folks, (that's Texan for = "Everyone")
>
> LF has been on my watch list and I was awaiting = an
> alert from my
> breakoutwatch.com subscription which if I = had
> received I was planning to
> purchase it. Today, LF broke out and by the = time I
> was able to check the
> breakout alert and stock action it was already = up 9%
> for the day, but not
> yet above the breakout price. I could have = gotten
> in, and might still do
> that tomorrow if it pulls back, but I am = frustrated
> that a stock, on my
> watch list, which I was willing to purchase, = would
> run up so much before I
> could do anything about it. Therefore, I pose = the
> following question:
>
> Given the action of LF (see attached chart) = are
> there any technical
> indicators that could have notified me = **yesterday**
> that this stock was
> going to rocket off today? Is it reasonable = to
> believe I could have bought
> the stock yesterday to participate in today's = action
> and still be following
> CANSLIM rules? I would greatly appreciate = anyone's
> advice on this.
>
> Frustrated Texan,
>
> Kelly
> (See attached file: LF.gif)
>
>
>
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe = canslim" or
> -"unsubscribe canslim".  Do not = use quotes in your
> email.
>
>
>
>
>
>
>
>
=3D=3D=3D message truncated =3D=3D=3D


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