re: [CANSLIM] SFDS

From: Michael A Langston <langston@cs.utk.edu>
Subject: re: [CANSLIM] SFDS
Date: Mon, 07 Apr 1997 00:44:36 -0400

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jim knock asks:

> What's free parking?

jim, a HGS will often pause to rebase at its simple 50 day moving 
average, a place generally termed "free parking" -- there are many 
ways to play this action, ideally, the stock pattern remains tight 
while the average catches up to it -- actually, i prefer a volume-
weighted average myself, but simple is the norm

mike

p.s. i seem to recall going over this not very long ago, but am too
lazy to check the archives for what i said then -- hopefully it doesn't
contradict the above :) -- i'm gonna check my files to see if i don't 
have a FAQ floating around from a different CANSLIM group, we could
sure use one -- or maybe we already have one here, i forget.........

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