Re: [CANSLIM] Length of Bases

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] Length of Bases
Date: Sat, 15 Dec 2001 22:11:45 -0800

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Earl,

Thanks for redirecting us to this bit of info. Lately, I've been going
bonkers watching for 7 week handles as opposed to the C&H as a whole. I for
one have been looking for 7 week handles!

- -Bill Triffet

- ----- Original Message -----
From: "esetser" <esetser@covad.net>
To: <canslim@xmission.com>
Sent: Saturday, December 15, 2001 6:26 PM
Subject: [CANSLIM] Length of Bases


> Here is some further data I found on the length of base subject.  In
> HTMMIS, on page 162, in Search with Cup-with-a-Handle Price Patterns, WON
> goes on to define a CUP as a 7 to 65 week pattern.  The handle is talked
> about later and doesn't seem to bring up the total time, just usually 1 to
> 2 weeks or more for the handle.
>
> However, given the discussion, I decided maybe a quick peak at the 26
> lesson course to see if it is more specific was a good idea. Okay, lesson
> #9 discusses patterns, and there is an illustrated cup with handle base
> they discuss.  Oh-oh, WON states that the base requires at least 7 to 8
> weeks from point A to point E, where E is the breakout point.  I guess
this
> clarifies it better than HTMMIS as it is very specific.
<snip>


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