Re: [CANSLIM]"Rubberband Sell Rule"

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM]"Rubberband Sell Rule"
Date: Tue, 11 Dec 2001 21:34:03 -0800

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It just caught my eye since Tim brought it up as a breakout and it appeared
in today's IBD "Where the Big Moneys Flowing Now".

As far a gaming stocks I held IGT a while back for a short gain but the
general market has kept me from really embracing the sector (plus, I hate to
gamble). Looking back It appears gaming was a good place to be.

- -Bill Triffet


- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Tuesday, December 11, 2001 7:35 PM
Subject: Re: [CANSLIM]"Rubberband Sell Rule"


> Bill,
>
> Thanks for bringing up ALLY as a Rubberband Sell Rule candidate. Might
give
> me a whole new perspective on things!
>
> I didn't even think to calculate it because industry action made me think
> its move was done. Also didn't like that it broke out of a short base
today.
> Bad action in charts like PENN are also worrisome. Breakout, then
immediate
> failure. Bad news.



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