Re: [CANSLIM] DFXI

From: "Jack Stephenson" <jacksteph@adelphia.net>
Subject: Re: [CANSLIM] DFXI
Date: Wed, 9 Jan 2002 20:47:08 -0800
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I had the unfortunate experience of setting a buy stop-limit  at 33.5 for
DFXI a week ago and today the opening gapped over my order, which was never
filled.  I have been left in the dust.

Jack


- ----- Original Message -----
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: <canslim@lists.xmission.com>
Sent: Wednesday, January 09, 2002 1:13 PM
Subject: AW: [CANSLIM] DFXI


> Well I do not a lot to the PE, but a 113 for KKD is just to high for me
....
>
> I have the impression, that the market favours valuation a bit more then
in the beginning
> of the rally (just a gut feeling, not more).
>
> > -----Ursprungliche Nachricht-----
> > Von: Flint, James, AFIS-HQ/IRM [SMTP:jflint@hq.afis.osd.mil]
> > Gesendet am: Wednesday, January 09, 2002 6:33 PM
> > An: 'canslim@lists.xmission.com'
> > Betreff: RE: [CANSLIM] DFXI
> >
> > 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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