Go to Jeff Salisbury LWGate Home Page.From: "Flint, James, AFIS-HQ/IRM" <jflint@hq.afis.osd.mil>
Subject: RE: [CANSLIM] DFXI
Date: Wed, 9 Jan 2002 12:33:03 -0500
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Katherine,
Thanks for the feedback. I'll be wiating for the pullback, similar to what
KKD has just done... Anyone else in KKD?
James
Hi former-lurker James,
I guess it depends on whether or not you believe Bulkowski....his odds say
that this one will move, then retrace close to the pivot of 33.34 before
moving on again. If you don't want to wait for that sort of pullback, then
you can see if this one falls back a bit later in the day within 5% of the
pivot (if you believe in WON's "out of range" guideline.) The other option
is to just go for it and expect that it could very well keep on going (it's
a strong stock) and just set your stop a bit below the pivot. Lots of ways
to play something like this depending on your style!
Katherine
- ----- Original Message -----
From: Flint, <mailto:jflint@hq.afis.osd.mil> James, AFIS-HQ/IRM
To: 'canslim@lists.xmission.com' <mailto:'canslim@lists.xmission.com'>
Sent: Wednesday, January 09, 2002 10:43 AM
Subject: RE: [CANSLIM] DFXI
So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00?
Back to lurking
James
- -----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Wednesday, January 09, 2002 10:35 AM
To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com>
Subject: Re: [CANSLIM] DFXI
Dave, Andreas...
Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m.
Katherine
- ----- Original Message -----
From: Dave <mailto:drubin@i-2000.com>
To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com>
Sent: Wednesday, January 09, 2002 9:28 AM
Subject: RE: [CANSLIM] DFXI
True, the handle was a bit sloppy but for the most part volume in the
handle was below normal. It also made a pretty nice ascending triangle.
As for the action at the end of the day, I think you're reading too much
into it. The stock made a tremendous surge on volume in the last half hour
of trading. It then pulled back on lower volume but didn't undercut that
"intraday breakout point". It then found some new buyers at the very end
of the session.
You can find flaws in any chart formation. I've missed many huge winners
by refusing to buy what I perceived as a flawed handle, or by putting too
much weight on intraday analysis. Even IBD will go on to call "perfect
cup-handle breakouts" on stocks that have somewhat questionable
formations. I won't be surprised to see DFXI mentioned tomorrow as a good
example.
Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :)
> > Yes it did but fell back below it's high of the day. Also,
> action in the
> > handle has been sloppy - one normally hopes to see price
> pullback on falling
> > volume but in fact it's made a couple of attempts to BO on
> above average
> > volume since forming the pivot on 12/10. I wouldn't rush in with an
> > overnight order!
> >
> > Mike Gibbons
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<DIV><SPAN class=967533117-09012002><FONT face=Arial color=#0000ff
size=2>Katherine,</FONT></SPAN></DIV>
<DIV><SPAN class=967533117-09012002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=967533117-09012002><FONT face=Arial color=#0000ff size=2>Thanks
for the feedback. I'll be wiating for the pullback, similar to what KKD
has just done... Anyone else in KKD?</FONT></SPAN></DIV>
<DIV><SPAN class=967533117-09012002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=967533117-09012002><FONT face=Arial color=#0000ff
size=2>James</FONT></SPAN></DIV>
<DIV><FONT face=Tahoma><FONT size=2></FONT> </DIV></FONT>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV>Hi former-lurker James,</DIV>
<DIV> </DIV>
<DIV>I guess it depends on whether or not you believe Bulkowski....his odds
say that this one will move, then retrace close to the pivot of 33.34 before
moving on again. If you don't want to wait for that sort of pullback, then you
can see if this one falls back a bit later in the day within 5% of the pivot
(if you believe in WON's "out of range" guideline.) The other option is to
just go for it and expect that it could very well keep on going (it's a strong
stock) and just set your stop a bit below the pivot. Lots of ways to play
something like this depending on your style!</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=jflint@hq.afis.osd.mil href="mailto:jflint@hq.afis.osd.mil">Flint,
James, AFIS-HQ/IRM</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=canslim@lists.xmission.com
href="mailto:'canslim@lists.xmission.com'">'canslim@lists.xmission.com'</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, January 09, 2002 10:43
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] DFXI</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=114434216-09012002><FONT face=Arial color=#0000ff size=2>So
is DFXI a buy right now or do I wait for a pullback to $33.50
-34.00?</FONT></SPAN></DIV>
<DIV><SPAN class=114434216-09012002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=114434216-09012002><FONT face=Arial color=#0000ff
size=2>Back to lurking</FONT></SPAN></DIV>
<DIV><SPAN class=114434216-09012002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=114434216-09012002><FONT face=Arial color=#0000ff
size=2>James</FONT></SPAN></DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma
size=2>-----Original Message-----<BR><B>From:</B> Katherine Malm
[mailto:kmalm@earthlink.net]<BR><B>Sent:</B> Wednesday, January 09, 2002
10:35 AM<BR><B>To:</B> <A
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A><BR><B>Subject:</B>
Re: [CANSLIM] DFXI<BR><BR></FONT></DIV>
<DIV>Dave, Andreas...</DIV>
<DIV> </DIV>
<DIV>Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout
this a.m.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=drubin@i-2000.com href="mailto:drubin@i-2000.com">Dave</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
title=canslim@lists.xmission.com
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, January 09, 2002
9:28 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] DFXI</DIV>
<DIV><BR></DIV>True, the handle was a bit sloppy but for the most part
volume in the<BR>handle was below normal. It also made a pretty nice
ascending triangle.<BR><BR>As for the action at the end of the day, I
think you're reading too much<BR>into it. The stock made a tremendous
surge on volume in the last half hour<BR>of trading. It then pulled back
on lower volume but didn't undercut that<BR>"intraday breakout point".
It then found some new buyers at the very end<BR>of the
session.<BR><BR>You can find flaws in any chart formation. I've missed
many huge winners<BR>by refusing to buy what I perceived as a flawed
handle, or by putting too<BR>much weight on intraday analysis. Even IBD
will go on to call "perfect<BR>cup-handle breakouts" on stocks that have
somewhat questionable<BR>formations. I won't be surprised to see DFXI
mentioned tomorrow as a good<BR>example.<BR><BR>Of course hindsight is
20/20. Nevertheless I'm glad I bought yesterday :)<BR><BR><BR>> >
Yes it did but fell back below it's high of the day. Also,<BR>>
action in the<BR>> > handle has been sloppy - one normally hopes
to see price<BR>> pullback on falling<BR>> > volume but in fact
it's made a couple of attempts to BO on<BR>> above average<BR>>
> volume since forming the pivot on 12/10. I wouldn't rush in with
an<BR>> > overnight order!<BR>> ><BR>> > Mike
Gibbons<BR><BR><BR>-<BR>-To subscribe/unsubscribe, email "<A
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