Re: [CANSLIM] Bulkowski re: patterns besides C&H

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H
Date: Tue, 8 Jan 2002 18:30:08 -0700

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As Katherine briefly said, its an ascending base.  Stands for Lower Left to Upper 
Right, think of a chart where the price begins in the lower left hand corner and 
steadily moves up and across the chart page to the upper right hand corner.  There 
are a number of stocks that do this, it can be hard to figure out where the entry point 
is, at least for me, since I tend to think in terms of breakouts.  They are sort of 
unexciting stocks, but they would appear to be safe and steady money makers.  You 
probably want to buy them on a pullback to some moving average.  For these 
stocks the pullback is lilely to be sideways movement while a moving average line 
catches up to the price.  You can scan for stocks doing this relatively easily using 
Quotes Plus, at least, other software would have the same ability.

On 8 Jan 2002 at 15:09, J. David Stem wrote:

> Katherine et al,
> 
> Which of the two Bulkowski books is best?  I can't find them at the local 
> B&N and am going to order from Amazon.
> 
> By the way, I hate to ask, but what is LLUR?  It's the one acronym that's 
> escaping me!
> 
> Dave
> 
> 
> 
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