Re: [CANSLIM] Re: BREL

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] Re: BREL
Date: Wed, 19 Dec 2001 10:25:58 -0800

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Jan,

Looks like the "rubber band" theory is holding true. BREL has pulled back
severely since its recent "breakout".
On a side note: a few days back ALLY was brought up as a breakout also.
While it hasn't pulled back a lot - it looks suspect at this point.

- -Bill

- ----- Original Message -----
From: <Spencer48@aol.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, December 16, 2001 5:26 AM
Subject: Re: [CANSLIM] Re: BREL


> 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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