Re: [CANSLIM] TASR - possible climax run?

From: Marc Deiter <dites@yahoo.com>
Subject: Re: [CANSLIM] TASR - possible climax run?
Date: Thu, 24 Jul 2003 15:46:07 -0700 (PDT)

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Rolf,

Still learning and not a "good technician", and I'm travelling so
don't have the books with me to quote, however I do have a paper with
WON's "Major Sell Rules".  Sell rules #2 and #15 are "Sell into a
climax run.  A 25% to 50% gain in a week or two?  After the stock's
already doubled, tripled in price?  Great! No, too great!" and #15 is
"Stock stages its biggest price gain of the rally.  Often coincides
with a climax run."  If you consider TASR broke out in April at
around 5, it's now up over 3x from there and it's up 29% since
Monday.  Plus, today's gain is the biggest of the rally.

I haven't owned a stock that has done this (yet), but it resemble's a
climax run to me.

Marc

- --- rolfh@mindspring.com wrote:
> Any good technicians out there willing to give an opinion on
> whether TASR is starting a climax run?  Up 29% since Monday (on
> good sales/earnings news) and today's volume is the biggest since
> May 2002.
> 
> Any comments welcome.
> 
> Thanks!
>  Rolf
> 
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