From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1069 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 Monday, December 18 2000 Volume 02 : Number 1069 In this issue: [CANSLIM] individual investors [CANSLIM] Potential Breakouts Re: [CANSLIM] Potential Breakouts Re: [CANSLIM] Potential Breakouts Re: [CANSLIM] Potential Breakouts [CANSLIM] Acc/Dis Numbers [CANSLIM] Monday's opening Re: [CANSLIM] Rally fizzling? [CANSLIM] KP B/O Re: [CANSLIM] KP B/O Re: [CANSLIM] KP B/O Re: [CANSLIM] KP B/O Re: [CANSLIM] KP B/O ---------------------------------------------------------------------- Date: Sun, 17 Dec 2000 15:29:22 -0600 From: Kent Norman Subject: [CANSLIM] individual investors FYI Bloomberg says individual investors hold 40% of the market capital. Kent - - ------------------------------ Date: Sun, 17 Dec 2000 18:23:04 -0600 From: SWald@dkwlaw.com Subject: [CANSLIM] Potential Breakouts Hello, everyone. I joined your discussion group last month and have kept quiet until now. I am a neophyte at the CANSLIM method, but have read the books, IBD, and have been active over the past 2 months. Anyhow, here is the list I made today concerning potential breakouts that meet the criteria I have developed (mostly the same as O'Neil's). The list comes from my researching stocks on the IBD Weekend Review (mostly only those with EPS and RS of 95 or higher, and with at least one B-rated mutual fund), and then looking at IBD's website and paper for follow-up information. It's slim-picking right now according to this list. I'll continue to post these. Please feel free to give any candid comments you might have. Stock Ticker EPS RS Indus SMR A/D Spon Chart/comments Calpine CPN 99 94 C A C B Look for handle around 50 Forest Labs FRX 98 96 B A B B Potential breakout at 141 1/2 Express Scripts ESRX 97 96 A B B C High vol. on 12/15; potential b/o at 90 1/2 Oneok OKE 80 94 A B B C Potential breakout between 44 and 45 1/8 Ortho OCA 97 95 A A B C Potential breakout at 35 1/8 Steven Wald Doepken Keevican & Weiss swald@dkwlaw.com www.dkwlaw.com St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg (314) 588-2000 (314) 588-2009 (fax) - - ------------------------------ Date: Sun, 17 Dec 2000 17:46:13 -0700 From: Earl Setser Subject: Re: [CANSLIM] Potential Breakouts You asked for comments, so here are mine: Calpine - Good candidate, but not obvious it's on the right side of the cup yet. Forest Labs - This one set a new intraday and closing high on 11/29. I usually try to follow IBD's advice of 7 weeks minimum on a base, so think one doesn't make my short list. Express Scripts - I was watching this one last week, as it had an apparent breakout, but the volume wasn't high enough to warrant a buy. The volume did show up on Friday, but now it's out a reach. I'm not sure how you define your breakout on this one, since it hit a new closing high on Wed and intraday high on Thursday. I had called the pivot 81.25 based on the 10/24 close. It is well extended from that pivot now. Oneok - This one has been working a base since 10/6. One could argue that it started a handle on 12/6 with a pivot of 44, although lower volume would be preferred. This one looks pretty good. It's not on my list due to the industry group. I know that utilities are strong now, but I think it's unlikely they will lead the next bull market. (IBD has had several articles about the defensive industries that have helped me form this opinion.) Ortho - This one is on my short list, and I've been watching it closely. It looked like a possible buy last Monday, but fell back into the base later in the day. I would make a closing high pivot at 35 and a new high pivot at 35 1/2, so you are definitely in the right range. I'm hoping for a nice handle just before our next follow-through day, but who knows?? FWIW, I've been using CANSLIM for about 1 1/2 years now. I have learned a lot, and continue to tweak my approach. I think WON got it right when he suggested patience in the learning phase. Good luck. At 06:23 PM 12/17/00 -0600, you wrote: >Hello, everyone. I joined your discussion group last month and have kept >quiet until now. I am a neophyte at the CANSLIM method, but have read the >books, IBD, and have been active over the past 2 months. Anyhow, here is >the list I made today concerning potential breakouts that meet the criteria >I have developed (mostly the same as O'Neil's). The list comes from my >researching stocks on the IBD Weekend Review (mostly only those with EPS >and RS of 95 or higher, and with at least one B-rated mutual fund), and >then looking at IBD's website and paper for follow-up information. It's >slim-picking right now according to this list. > >I'll continue to post these. Please feel free to give any candid comments >you might have. > >Stock Ticker EPS RS Indus SMR A/D Spon >Chart/comments >Calpine CPN 99 94 C A C B Look for handle around >50 >Forest Labs FRX 98 96 B A B B Potential breakout at >141 1/2 >Express Scripts ESRX 97 96 A B B C High vol. on 12/15; >potential b/o at 90 1/2 >Oneok OKE 80 94 A B B C Potential breakout >between 44 and 45 1/8 >Ortho OCA 97 95 A A B C Potential breakout at 35 >1/8 > >Steven Wald >Doepken Keevican & Weiss >swald@dkwlaw.com >www.dkwlaw.com >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg >(314) 588-2000 >(314) 588-2009 (fax) > > >- > > > - - ------------------------------ Date: Sun, 17 Dec 2000 19:10:06 -0600 From: SWald@dkwlaw.com Subject: Re: [CANSLIM] Potential Breakouts Earl, Thanks very much for the comments. It's very helpful. I am the first to admit that my reading of charts is not nearly as good as it needs to be. Here are my thoughts on the particular stocks: Calpine: I agree with you. Who knows if and when it will form the right side of a base. Forest Labs: Is there a legitimate argument to made that a "flat base" began to form on Oct. 23, and that the potential breakout point is 1/8 above the intraday high of 141.31 on Nov. 29 that you mentioned? Express Scripts: I was defining the breakout point as 1/8 of a point above 90.44 (reached on 12/14), which is what appeared to me to be the uppermost point on the right side of the base. Perhaps this is erroneous because it is too high above the uppermost point on the left side of the base (85.37 on 10/24)? Oneok: I agree. I was thinking about trying to dip my toe in and eke out a small profit on this one. Ortho: I agree. I also had my finger on the trigger early last week. Thanks again. Please feel free to provide more comments. Steven Wald Doepken Keevican & Weiss swald@dkwlaw.com www.dkwlaw.com St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg (314) 588-2000 (314) 588-2009 (fax) Earl Setser cc: Sent by: Subject: Re: [CANSLIM] Potential Breakouts owner-canslim@lists.xm ission.com 12/17/00 06:46 PM Please respond to canslim You asked for comments, so here are mine: Calpine - Good candidate, but not obvious it's on the right side of the cup yet. Forest Labs - This one set a new intraday and closing high on 11/29. I usually try to follow IBD's advice of 7 weeks minimum on a base, so think one doesn't make my short list. Express Scripts - I was watching this one last week, as it had an apparent breakout, but the volume wasn't high enough to warrant a buy. The volume did show up on Friday, but now it's out a reach. I'm not sure how you define your breakout on this one, since it hit a new closing high on Wed and intraday high on Thursday. I had called the pivot 81.25 based on the 10/24 close. It is well extended from that pivot now. Oneok - This one has been working a base since 10/6. One could argue that it started a handle on 12/6 with a pivot of 44, although lower volume would be preferred. This one looks pretty good. It's not on my list due to the industry group. I know that utilities are strong now, but I think it's unlikely they will lead the next bull market. (IBD has had several articles about the defensive industries that have helped me form this opinion.) Ortho - This one is on my short list, and I've been watching it closely. It looked like a possible buy last Monday, but fell back into the base later in the day. I would make a closing high pivot at 35 and a new high pivot at 35 1/2, so you are definitely in the right range. I'm hoping for a nice handle just before our next follow-through day, but who knows?? FWIW, I've been using CANSLIM for about 1 1/2 years now. I have learned a lot, and continue to tweak my approach. I think WON got it right when he suggested patience in the learning phase. Good luck. At 06:23 PM 12/17/00 -0600, you wrote: >Hello, everyone. I joined your discussion group last month and have kept >quiet until now. I am a neophyte at the CANSLIM method, but have read the >books, IBD, and have been active over the past 2 months. Anyhow, here is >the list I made today concerning potential breakouts that meet the criteria >I have developed (mostly the same as O'Neil's). The list comes from my >researching stocks on the IBD Weekend Review (mostly only those with EPS >and RS of 95 or higher, and with at least one B-rated mutual fund), and >then looking at IBD's website and paper for follow-up information. It's >slim-picking right now according to this list. > >I'll continue to post these. Please feel free to give any candid comments >you might have. > >Stock Ticker EPS RS Indus SMR A/D Spon >Chart/comments >Calpine CPN 99 94 C A C B Look for handle around >50 >Forest Labs FRX 98 96 B A B B Potential breakout at >141 1/2 >Express Scripts ESRX 97 96 A B B C High vol. on 12/15; >potential b/o at 90 1/2 >Oneok OKE 80 94 A B B C Potential breakout >between 44 and 45 1/8 >Ortho OCA 97 95 A A B C Potential breakout at 35 >1/8 > >Steven Wald >Doepken Keevican & Weiss >swald@dkwlaw.com >www.dkwlaw.com >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg >(314) 588-2000 >(314) 588-2009 (fax) > > >- > > > - - - - ------------------------------ Date: Sun, 17 Dec 2000 18:37:00 -0700 From: Earl Setser Subject: Re: [CANSLIM] Potential Breakouts Comments by yours below. Also, for the Group, I have a general question: I often set the pivot at the closing high on the left side of the base. If the stock forms a handle near the closing high pivot, is it valid to use 5% above the closing high as a maximum buy price? This gives you a "second chance" entry. For example: 52 week high of 20.9, I set the pivot at $21. Stock bases for 3 months. Stocks set up with a handle at 20.4, pivot becomes 20.5. If the stock moves up, should I limit the buy price to 20.5 + 5% = $21.5 Or is it valid to use the 52 week high pivot at 21 + 5% = $22 as the high buy price?? I've thought that the latter is probaby okay as long as the two pivots are close (say 2 or 3% apart). What does the group think? At 07:10 PM 12/17/00 -0600, you wrote: > >Earl, > >Thanks very much for the comments. It's very helpful. I am the first to >admit that my reading of charts is not nearly as good as it needs to be. >Here are my thoughts on the particular stocks: > >Calpine: I agree with you. Who knows if and when it will form the right >side of a base. > >Forest Labs: Is there a legitimate argument to made that a "flat base" >began to form on Oct. 23, and that the potential breakout point is 1/8 >above the intraday high of 141.31 on Nov. 29 that you mentioned? This would be a "note quite flat base". I don't have much experience in this, but I guess you could say the 11/29 wasn't quite a breakout. Generally, I think anytime you reset the pivot, you should also reset the base time. However, I've been doing this same general approach looking at Double Bottom bases where the mid-point was just above the previous high. I think a case could be made for what you have here. Okay long-time CANSLIMers, jump in!! > >Express Scripts: I was defining the breakout point as 1/8 of a point above >90.44 (reached on 12/14), which is what appeared to me to be the uppermost >point on the right side of the base. Perhaps this is erroneous because it >is too high above the uppermost point on the left side of the base (85.37 >on 10/24)? > Oh-oh, I think this is a mistake. If you use the right side of the base to decide on the pivot, all your are basing your purchase on is the most recent high. I think you should use the following to select a pivot: 1 - High of the handle for a cup and handle. Note that you will see a few handles form slightly above the new high pivot. These "high handles" can give you a higher entry, but I think WON has said they "are more prone to failure" than a classic pattern. 2 - High of the mid-point in a Double Bottom Base. 3 - Left side of the base for a new high or new closing high pivot. Generally, this will define the absolute highest pivot you can use. I also follow the WON rule of never buying more than 5% (or maybe 6%) above the pivot. I think this increases your odds of success, although it will cause you to miss some good breakouts. >Oneok: I agree. I was thinking about trying to dip my toe in and eke out >a small profit on this one. > >Ortho: I agree. I also had my finger on the trigger early last week. > >Thanks again. Please feel free to provide more comments. > >Steven Wald >Doepken Keevican & Weiss >swald@dkwlaw.com >www.dkwlaw.com >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg >(314) 588-2000 >(314) 588-2009 (fax) - - ------------------------------ Date: Sun, 17 Dec 2000 15:50:58 -0500 From: Robert Subject: [CANSLIM] Acc/Dis Numbers Here are the latest Acc/Dis Numbers: Date A B C D E AB/A:E %E 11/29/00 702 2141 1210 1158 678 48% 12% 11/30/00 644 2090 1184 1195 726 47% 12% 12/1/00 643 2026 1165 1215 759 46% 13% 12/4/00 588 1910 1154 1260 869 43% 15% 12/5/00 618 2009 1154 1223 796 45% 14% 12/6/00 631 1972 1130 1216 820 45% 14% 12/7/00 711 2114 1173 1169 639 49% 11% 12/8/00 671 2116 1169 1173 656 48% 11% 12/11/00 685 2085 1165 1169 662 48% 11% 12/12/00 787 2232 1148 1052 581 52% 10% 12/13/00 843 2268 1157 1024 518 54% 9% 12/14/00 809 2273 1175 1036 508 53% 9% 12/15/00 769 2245 1208 1045 521 52% 9% 12/18/00 736 2182 1255 1066 533 51% 9% Spread sheet version Date,A,B,C,D,E,AB/A:E,%E 11/30/00,644,2090,1184,1195,726,47%,12% 12/1/00,643,2026,1165,1215,759,46%,13% 12/4/00,588,1910,1154,1260,869,43%,15% 12/5/00,618,2009,1154,1223,796,45%,14% 12/6/00,631,1972,1130,1216,820,45%,14% 12/7/00,711,2114,1173,1169,639,49%,11% 12/8/00,671,2116,1169,1173,656,48%,11% 12/11/00,685,2085,1165,1169,662,48%,11% 12/12/00,787,2232,1148,1052,581,52%,10% 12/13/00,843,2268,1157,1024,518,54%,9% 12/14/00,809,2273,1175,1036,508,53%,9% 12/15/00,769,2245,1208,1045,521,52%,9% 12/18/00,736,2182,1255,1066,533,51%,9% Robert _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 18 Dec 2000 07:44:56 -0500 From: "Tom Worley" Subject: [CANSLIM] Monday's opening Fellow Members, Right now, and for most of the night, futures are indicating a strong opening, up over 2.5% on NASDAQ and better than 1% on S&P500. In light of the heavy volume on Friday (most since 11/30 on Naz and for over six months on NYSE Composite), I am suspicious and expect further selling into any rally such as we may see this morning. Keep your powder dry, make sure you stick to CANSLIM rules and have valid bases, and breakouts, before you act. Things may get cheaper yet. Tom Worley stkguru@netside.net ICQ # 5568838 - - ------------------------------ Date: Fri, 15 Dec 2000 12:20:22 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] Rally fizzling? I don't recall the 80% success rate. I do though remember WON's, "... while not all conformations result in a bull market, none have started without one". - -Bill - ----- Original Message ----- From: "Dan Musicant" To: Sent: Friday, December 15, 2000 11:10 AM Subject: [CANSLIM] Rally fizzling? > Please correct me if I'm wrong, but it's my impression that we have had > several "confirmed" rallies this year (according to WON's criteria) that > have failed. WON maintains that confirmed rallies succeed 80% of the > time, so that would suggest that market conditions this year are somehow > different than "normal" and very significantly. Can someone speak to > this? > > According to IBD's Big Picture today, the Nasdaq rally is still in > effect. However, the action I've been seeing does not inspire confidence > in me to lay out positions. > > > - > > - - ------------------------------ Date: Mon, 18 Dec 2000 10:26:16 -0800 From: Tim Fisher Subject: [CANSLIM] KP B/O KP is breaking out of a nice long base today, pivot 25 and change. Guess you shouldn't buy based on M right now, but I own it and noticed the move. It's definitely a defensive, but also an HGS stock. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 18 Dec 2000 12:38:14 -0600 From: SWald@dkwlaw.com Subject: Re: [CANSLIM] KP B/O KP looks like a good stock, and is breaking out. But, a buyer would probably be chasing it right now because it appears to be about 10% past the pivot point. I am keeping an eye out to see if it drops back into range at the close. Steven Wald Doepken Keevican & Weiss swald@dkwlaw.com www.dkwlaw.com St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg (314) 588-2000 (314) 588-2009 (fax) Tim Fisher To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: [CANSLIM] KP B/O ission.com 12/18/00 12:26 PM Please respond to canslim KP is breaking out of a nice long base today, pivot 25 and change. Guess you shouldn't buy based on M right now, but I own it and noticed the move. It's definitely a defensive, but also an HGS stock. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - - ------------------------------ Date: Mon, 18 Dec 2000 11:55:38 -0800 From: Tim Fisher Subject: Re: [CANSLIM] KP B/O ABK looks to be trying as well, I own it too. It's 1/16 above the pivot (56 7/8) on heavier that avg vol. Sometimes you cannot get the pivot, KP is so cheap that I think the 8% or so vs. 5% is worth it; you would have to be a heck of a trader to get that at 5%. Given a good M that is, which we still definitely do not have. Somethinbg about CANSLIM that has always bothered me is that we want them to trade 5% above the pivot to qualify as a B/O then we also want to only pay 5% above the pivot. I cannot recall the last time I managed to do that. On 10:38 AM 12/18/00, SWald@dkwlaw.com Said: >KP looks like a good stock, and is breaking out. But, a buyer would >probably be chasing it right now because it appears to be about 10% past >the pivot point. I am keeping an eye out to see if it drops back into >range at the close. > >Steven Wald >Doepken Keevican & Weiss >swald@dkwlaw.com >www.dkwlaw.com >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg >(314) 588-2000 >(314) 588-2009 (fax) > > > > > Tim > Fisher > To: > canslim@lists.xmission.com > Sent > by: cc: > owner-canslim@lists.xm Subject: [CANSLIM] > KP B/O > ission.com > > > > > > 12/18/00 12:26 > PM > Please respond > to > canslim > > > > > > > > >KP is breaking out of a nice long base today, pivot 25 and change. Guess >you shouldn't buy based on M right now, but I own it and noticed the move. >It's definitely a defensive, but also an HGS stock. > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 18 Dec 2000 14:06:04 -0600 From: SWald@dkwlaw.com Subject: Re: [CANSLIM] KP B/O Tim, You said "Somethinbg about CANSLIM that has always bothered me is that we want them to trade 5% above the pivot to qualify as a B/O then we also want to only pay 5% above the pivot." My question is this: According to CANSLIM, isn't a B/O when the price rises more than 1/8 above the relevant point (the highest point on the handle, etc.) on 50%+ over the average volume of the past 50 days? Thanks, Steve Wald Tim Fisher To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: Re: [CANSLIM] KP B/O ission.com 12/18/00 01:55 PM Please respond to canslim ABK looks to be trying as well, I own it too. It's 1/16 above the pivot (56 7/8) on heavier that avg vol. Sometimes you cannot get the pivot, KP is so cheap that I think the 8% or so vs. 5% is worth it; you would have to be a heck of a trader to get that at 5%. Given a good M that is, which we still definitely do not have. Somethinbg about CANSLIM that has always bothered me is that we want them to trade 5% above the pivot to qualify as a B/O then we also want to only pay 5% above the pivot. I cannot recall the last time I managed to do that. On 10:38 AM 12/18/00, SWald@dkwlaw.com Said: >KP looks like a good stock, and is breaking out. But, a buyer would >probably be chasing it right now because it appears to be about 10% past >the pivot point. I am keeping an eye out to see if it drops back into >range at the close. > >Steven Wald >Doepken Keevican & Weiss >swald@dkwlaw.com >www.dkwlaw.com >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg >(314) 588-2000 >(314) 588-2009 (fax) > > > > > Tim > Fisher > To: > canslim@lists.xmission.com > Sent > by: cc: > owner-canslim@lists.xm Subject: [CANSLIM] > KP B/O > ission.com > > > > > > 12/18/00 12:26 > PM > Please respond > to > canslim > > > > > > > > >KP is breaking out of a nice long base today, pivot 25 and change. Guess >you shouldn't buy based on M right now, but I own it and noticed the move. >It's definitely a defensive, but also an HGS stock. > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - - ------------------------------ Date: Mon, 18 Dec 2000 13:34:39 -0800 From: Tim Fisher Subject: Re: [CANSLIM] KP B/O I confused myself there, it is as you stated, but a 5% advance on 1.5x ADV on the day it breaks out is also a criteria, so if it starts the day at or above the pivot, like KP did, and quickly moves up 8-10%, then you missed the B/O and it is now "extended." I don't see how you can catch these breakouts unless you are glued to a streaming quote service at 6:30 AM PST. Personally I don't think KP got "extended" today; I have watched it trade for months now and see a 10% intraday swing as being large for it; hence I termed it a breakout since it made a new high on strong vol. My point was that if you need to stick to the letter of the book then go ahead, but you are passing up valid breakouts because of an arbitrary number. What you are doing by "chasing" a stock is, of course, taking on higher risk. Looking at KP I would not chase it higher than 28-29, but would not have ruled it out today, if M was green light. On 12:06 PM 12/18/00, SWald@dkwlaw.com Said: >Tim, > >You said "Somethinbg about CANSLIM that has always bothered me is that we >want them >to trade 5% above the pivot to qualify as a B/O then we also want to only >pay 5% above the pivot." > >My question is this: According to CANSLIM, isn't a B/O when the price >rises more than 1/8 above the relevant point (the highest point on the >handle, etc.) on 50%+ over the average volume of the past 50 days? > >Thanks, > >Steve Wald > > > > > Tim > Fisher > To: > canslim@lists.xmission.com > Sent > by: cc: > owner-canslim@lists.xm Subject: Re: > [CANSLIM] KP B/O > ission.com > > > > > > 12/18/00 01:55 > PM > Please respond > to > canslim > > > > > > > > >ABK looks to be trying as well, I own it too. It's 1/16 above the pivot (56 > >7/8) on heavier that avg vol. >Sometimes you cannot get the pivot, KP is so cheap that I think the 8% or >so vs. 5% is worth it; you would have to be a heck of a trader to get that > >at 5%. Given a good M that is, which we still definitely do not have. >Somethinbg about CANSLIM that has always bothered me is that we want them >to trade 5% above the pivot to qualify as a B/O then we also want to only >pay 5% above the pivot. I cannot recall the last time I managed to do that. > >On 10:38 AM 12/18/00, SWald@dkwlaw.com Said: > > >KP looks like a good stock, and is breaking out. But, a buyer would > >probably be chasing it right now because it appears to be about 10% past > >the pivot point. I am keeping an eye out to see if it drops back into > >range at the close. > > > >Steven Wald > >Doepken Keevican & Weiss > >swald@dkwlaw.com > >www.dkwlaw.com > >St. Louis*Pittsburgh*Cleveland*Detroit*Washington DC* Harrisburg > >(314) 588-2000 > >(314) 588-2009 (fax) > > > > > > > > > > Tim > > Fisher > > To: > > canslim@lists.xmission.com > > Sent > > by: cc: > > owner-canslim@lists.xm Subject: [CANSLIM] > > KP B/O > > ission.com > > > > > > > > > > > > 12/18/00 12:26 > > PM > > Please respond > > to > > canslim > > > > > > > > > > > > > > > > > >KP is breaking out of a nice long base today, pivot 25 and change. Guess > >you shouldn't buy based on M right now, but I own it and noticed the move. > >It's definitely a defensive, but also an HGS stock. > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > > > > > > > > > > > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ End of canslim-digest V2 #1069 ****************************** 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. 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