Re: [CANSLIM] low volume breakouts

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] low volume breakouts
Date: Mon, 10 Dec 2001 10:44:56 -0600

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jans,

>>However, would you tell me what you mean by "throwback"?

Sorry, forgot to address this question. He is talking about a pullback to
the pivot (in WON terms). He distinguishes between a stock that returns to
the B/O point over a long period of time vs. one that pulls back shortly
after B/O by the time it takes to do that. I think the timeframe for the
"throwback" or "pullback" is 12 days or less to qualify. That makes sense,
as you would expect any late selling pressure to abate fairly quickly if the
stock were to remain healthy.

Katherine
- ----- Original Message -----
From: <Spencer48@aol.com>
To: <canslim@lists.xmission.com>
Sent: Monday, December 10, 2001 9:54 AM
Subject: Re: [CANSLIM] low volume breakouts

> Katherine:
>
>      Thank you very much for your time and efforts in looking up this
> material.
>      However, would you tell me what you mean by "throwback"?  Also, when
was
> the book published, and-if it was published years ago-why do you think
> Bulkowski's statistical study on CANSLIM is still valid today?
>
> jans
>
>
> In a message dated 12/10/2001 7:16:48 AM Eastern Standard Time,
> kmalm@earthlink.net writes:
>
> << Waiting for the throwback increases the success rate another 1%. >>
>
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