Re: [CANSLIM] Re: BREL


From: Spencer48@aol.com
Subject: Re: [CANSLIM] Re: BREL
Date: Sun, 16 Dec 2001 08:26:40 EST

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Katherine & Bill:

     Just want to point your attention to IBD's Investor's Profile 12/17 that 
may be appropos.  It talks about IGT in April of 2000 and how it sprang on 
several high days to form a high right lip.   According to the article:  
"...But it came from too deep in the base to form a sound breakout. IGT than 
ran up a few more days....  But the stock hadn't shaken out the last few weak 
holders."  It then goes on to say that it is acceptable if there is one high 
volume shakeout day-so long as the rest of the handle is acceptable.   

     BREL, to me, looks like another IGT in the making.

jans



n a message dated 12/14/2001 3:30:58 PM Eastern Standard Time, 
btriffet@earthlink.net writes:

<< Katherine,
 
 Thanks for the info. My internet was down so I couldn't check it out.
 I would be skeptical of the post 9/11 news makers. I recall a quick
 non-canslim trade I did with SURE a few weeks back (which I pocketed a nice
 gain). They make the irradiation machines for food and are slated to be put
 in some post offices (kills anthrax). Also, TTN being the parent company
 shot up as well. Now with the anthrax story no longer on page one I see them
 stalling. I would expect the same for other "emotional" news makers. In
 addition, I didn't look close but I think BREL is a rubberband candidate. >>

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