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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