RE: [CANSLIM] ASIA?

From: "Dave" <drubin@i-2000.com>
Subject: RE: [CANSLIM] ASIA?
Date: Thu, 10 Jan 2002 19:53:19 -0500
Next Article (by Date): [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! "Katherine Malm"
Previous Article (by Date): [CANSLIM] tom worley-the smart investor "david frank"
Next in Thread: RE: [CANSLIM] ASIA? "Surindra"
Articles sorted by: [Date] [Author] [Subject]
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.
Go to Jeff Salisbury LWGate Home Page.