Go to Jeff Salisbury LWGate Home Page.From: "Dave" <drubin@i-2000.com>
Subject: RE: [CANSLIM] ASIA?
Date: Thu, 10 Jan 2002 19:53:19 -0500
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I bought some today. I really like the chart, and the pullback came on lower (but still good) volume, and it didn't undercut the breakout level. It's not what you want to see after a breakout, but the Nasdaq was kind of weak today and if it's just a healthy pause, then ASIA may well resume its breakout. Also bought SAH yesterday, which did pretty well today. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris > Sent: Thursday, January 10, 2002 4:59 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ASIA? > > > Hi, > > Just curious on comment about ASIA. Last few days it looked to > be breaking > out of a nice chart formation. Alas, it seems to be breaking down or > allowing for another re-entry point. Any thoughts? > > Is this stock considered Canslim "worthy" even though it has seen higher > days (ie. not breaking to new highs)? > > Thanks, > Erik > PS. Forgive me if this has been the topic of recent discussion. > I just moved > and missed the last week of my Canslim Group emails. > > ----- Original Message ----- > From: "Mike Hofmann" <sfmcanslim@hotmail.com> > To: <canslim@lists.xmission.com> > Sent: Thursday, January 10, 2002 1:08 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > ... and still more than you really wanted to know about "kudos": > > > > From a really cool site called "Take Our Word For It" > > (http://www.takeourword.com/): > > > > "Kudos is simply Greek for "praise". It is thought to have entered > English > > as university slang. By 1799 we have a back-formed verb kudize "to > praise", > > so kudos itself was probably in use prior to that, though the > first known > > recorded use of kudos comes from 1831. Thereafter we find it > used by the > > likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > > has read about half of the volume in clean sheets, and gives > me very great > > kudos." > > > > Pronunciation in Britain is "cue-doss" while in America it is > "koo-doze". > > As with many Greek words, -os indicates a singular noun. Many people > assume > > kudos is the plural form, with the singular being a kudo. They are > wrong. > > Just wrong. > > > > There was once a computer operating system called QDOS. Was > it named by a > > Brit, so that it sounded like kudos, or is that simply a coincidence?" > > > > ... and there you have it. > > > > > > ----- Original Message ----- > > From: "Warren Keuffel" <wkeuffel@xmission.com> > > To: <canslim@lists.xmission.com> > > Sent: Wednesday, January 09, 2002 8:23 PM > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > > > However <ahem> I was curious about the etymology of the word so > > > consulted my American Heritage dictionary which defines it > as "Acclaim > > > or prestige as a result of achievement or position." But no > guidance on > > > etymology, darn it. More than you wanted to know, right? <g> > > > > > > Warren > > > > > > Andreas Himmelreich wrote: > > > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > > > > >>-----Ursprungliche Nachricht----- > > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > > >>An: canslim@lists.xmission.com > > > >>Betreff: RE: [CANSLIM] DFXI > > > >> > > > >>Kudos to you, you should be feeling pleased this morning > and justly > so. > > > >> > > > >>Aloha, > > > >> > > > >>Mike Gibbons > > > >> > > > >> > > > >> > > > >>-----Original Message----- > > > >>From: owner-canslim@lists.xmission.com > > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >>To: canslim@lists.xmission.com > > > >>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 > > > >>>> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > >>-In the email body, write "subscribe canslim" or > > > >>-"unsubscribe canslim". Do not use quotes in your email. > > > >> > > > >> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > >>-In the email body, write "subscribe canslim" or > > > >>-"unsubscribe canslim". Do not use quotes in your email. > > > >> > > > > > > > >- > > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > >-In the email body, write "subscribe canslim" or > > > >-"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > _________________________________________________________ > Do You Yahoo!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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