Re: [CANSLIM] low volume breakouts

From: Spencer48@aol.com
Subject: Re: [CANSLIM] low volume breakouts
Date: Thu, 13 Dec 2001 20:59:46 EST

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Katherine:

     What does the 12 days refer to.  
     
      I know that you distinguished-in your answer-between throwback and 
retracement, but I'm not certain if you mean that a throwback could occur, 
according to Bulkowsi, 12 days AFTER the BO.  Or, 
perhaps, he means that once the throwback occurs it can LAST12 days before 
the stock Breaks Out again, ie. when the stock does retrace to the BO point, 
it remains below that point for on average 12 days.

jans


In a message dated 12/10/2001 7:16:48 AM Eastern Standard Time, 
kmalm@earthlink.net writes:

<< ...Stocks retrace back to the B/O point 75% of the time (average time 12 
days). >>

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