Re: [CANSLIM] SCSS


From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] SCSS
Date: Tue, 2 Sep 2003 10:16:09 -0700 (PDT)

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Jeff,

Strictly speaking, if the BO failed and if it made a
new price high, then that price high is the new pivot
point.  If you are a CS purist you would sell.  If you
are not, it is a toss up.  In other ways, if you were
in your shoe, I am not sure myself.  Not the answer
you are looking for, huh?  :).

Seriously though, it all depends on how risky you want
to be.  There is a good chance it will go up, but not
as good of a chance if you BO with good price and
volume.

tomas

- --- Jeff Henderson <JHend746@cox.net> wrote:
> I bought SYSS on the 28th  and I'm thinking of
> selling it because of a
> false breakout on price, is this the right decision
> or not?  I know the
> breakout failed on price but it made a new high and
> the volume was up
> 50% and it's leading it's industry.
> 


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