TRAC, INOD (was Re: [CANSLIM] ASIA?)


From: "Tom Worley" <stkguru@netside.net>
Subject: TRAC, INOD (was Re: [CANSLIM] ASIA?)
Date: Fri, 11 Jan 2002 23:23:40 -0500

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Sorry, Surindra, I glanced at the chart and didn't like it, but never =
replied.

The most immediate thing that I saw, and disliked, about TRAC was that =
sales have been falling, or at least stagnant, for the past 4 qtrs on a =
sequential basis. Year to year comparisons are good, as a result of =
having a weak year to compare to. However, despite improved sales on a =
y2y basis, earnings the past 2 qtrs were down sharply.

INOD looks suspiciously alike, maybe the Chairman needs to just =
concentrate on one company.


Tom Worley
stkguru@netside.net
AIM: TexWorley
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, January 11, 2002 11:45 AM
  Subject: Re: [CANSLIM] ASIA?


  Hi Surinda,

  Noticed no takers on your TRAC inquiry. At $2.49 this flies too far =
below my own radar to track, but took a look out of curiosity. Not a =
particularly great earnings history. A penny here and there for years =
until good earnings kicked in the last 4 quarters. Only 2% institutional =
ownership, but maybe some of the recent high volume action is a microcap =
fund loading up. Company recently announced a share buy back, so it =
could just be that driving the price, though with 29 m float, it may not =
affect the price all that much. Barry Hertz, the Chairman of the Board =
holds the lion's share of the insider shares at 27m. Interesting note =
that he's also Chairman of the Board of INOD.

  Katherine
    ----- Original Message -----=20
    From: Surindra=20
    To: canslim@lists.xmission.com=20
    Sent: Thursday, January 10, 2002 8:38 PM
    Subject: RE: [CANSLIM] ASIA?


    You probably bought the shares I sold (made about 10% profit), I had =
set
    stop loss on this, so got out.

    I bought TRAC, does not qualify to be canslim candidate yet.
    Comments/criticism welcome.

    Regards

    Surindra

    -----Original Message-----
    From: owner-canslim@lists.xmission.com
    [mailto:owner-canslim@lists.xmission.com] On Behalf Of Dave
    Sent: Thursday, January 10, 2002 7:53 PM
    To: canslim@lists.xmission.com
    Subject: RE: [CANSLIM] ASIA?


    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=20
    > [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=20
    > 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=20
    > > 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=20
    > > 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=20
    > > > 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:=20
    > > > >>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=20
    > > > >>[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=20
    > > > >>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=20
    > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20
    > > > >>canslim".  Do not use quotes in your email.
    > > > >>
    > > > >>
    > > > >>
    > > > >>-
    > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" =
- -In=20
    > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20
    > > > >>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=20
    > > > email body, write "subscribe canslim" or -"unsubscribe =
canslim". =20
    > > > Do not use quotes in your email.
    > > >
    > >
    > > -
    > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In =
the=20
    > > 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=20
    > 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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    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.

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<DIV><FONT face=3DArial>Sorry, Surindra, I glanced at the chart and =
didn't like=20
it, but never replied.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>The most immediate thing that I saw, and =
disliked, about=20
TRAC was that sales have been falling, or at least stagnant, for the =
past 4 qtrs=20
on a sequential basis. Year to year comparisons are good, as a result of =
having=20
a weak year to compare to. However, despite improved sales on a y2y =
basis,=20
earnings the past 2 qtrs were down sharply.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>INOD looks suspiciously alike, maybe the =
Chairman needs to=20
just concentrate on one company.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV>Tom Worley<BR><A=20
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
TexWorley</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
  Malm</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, January 11, 2002 =
11:45=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
ASIA?</DIV>
  <DIV><BR></DIV>
  <DIV>Hi Surinda,</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Noticed no takers on your TRAC inquiry. At $2.49 this flies too =
far below=20
  my own radar to track, but took a look out of curiosity. Not a =
particularly=20
  great earnings history. A penny here and there for years until good =
earnings=20
  kicked in the last 4 quarters. Only 2% institutional ownership, but =
maybe some=20
  of the recent high volume action is a microcap fund loading up. =
Company=20
  recently announced a share buy back, so it could just be that driving =
the=20
  price, though with 29 m float, it may not affect the price all that =
much.=20
  Barry Hertz, the Chairman of the Board holds the lion's share of the =
insider=20
  shares at 27m. Interesting note that he's also Chairman of the Board =
of=20
  INOD.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</DIV>
  <BLOCKQUOTE=20
  style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV=20
    style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
    <A title=3Dsurindra@yahoo.com =
href=3D"mailto:surindra@yahoo.com">Surindra</A>=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, January 10, =
2002 8:38=20
    PM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
ASIA?</DIV>
    <DIV><BR></DIV>You probably bought the shares I sold (made about 10% =

    profit), I had set<BR>stop loss on this, so got out.<BR><BR>I bought =
TRAC,=20
    does not qualify to be canslim candidate yet.<BR>Comments/criticism=20
    welcome.<BR><BR>Regards<BR><BR>Surindra<BR><BR>-----Original=20
    Message-----<BR>From: <A=20
    =
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A><BR>[mailto:owner-canslim@lists.xmission.com]=20
    On Behalf Of Dave<BR>Sent: Thursday, January 10, 2002 7:53 PM<BR>To: =
<A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>Subject:=20
    RE: [CANSLIM] ASIA?<BR><BR><BR>I bought some today. I really like =
the chart,=20
    and the pullback came on<BR>lower (but still good) volume, and it =
didn't=20
    undercut the breakout<BR>level.<BR><BR>It's not what you want to see =
after a=20
    breakout, but the Nasdaq was kind<BR>of weak today and if it's just =
a=20
    healthy pause, then ASIA may well<BR>resume its =
breakout.<BR><BR>Also bought=20
    SAH yesterday, which did pretty well today.<BR><BR><BR>&gt; =
- -----Original=20
    Message-----<BR>&gt; From: <A=20
    =
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A>=20
    <BR>&gt; [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik=20
    Harris<BR>&gt; Sent: Thursday, January 10, 2002 4:59 PM<BR>&gt; To: =
<A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>&gt;=20
    Subject: [CANSLIM] ASIA?<BR>&gt;<BR>&gt;<BR>&gt; Hi,<BR>&gt;<BR>&gt; =
Just=20
    curious on comment about ASIA.&nbsp; Last few days it looked to be =
<BR>&gt;=20
    breaking out of a nice chart formation.&nbsp; Alas, it seems to be=20
    breaking<BR><BR>&gt; down or allowing for another re-entry =
point.&nbsp; Any=20
    thoughts?<BR>&gt;<BR>&gt; Is this stock considered Canslim "worthy" =
even=20
    though it has seen <BR>&gt; higher days (ie. not breaking to new=20
    highs)?<BR>&gt;<BR>&gt; Thanks,<BR>&gt; Erik<BR>&gt; PS. Forgive me =
if this=20
    has been the topic of recent discussion. I just<BR><BR>&gt; moved =
and missed=20
    the last week of my Canslim Group emails.<BR>&gt;<BR>&gt; ----- =
Original=20
    Message -----<BR>&gt; From: "Mike Hofmann" &lt;<A=20
    =
href=3D"mailto:sfmcanslim@hotmail.com">sfmcanslim@hotmail.com</A>&gt;<BR>=
&gt;=20
    To: &lt;<A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
&gt;<BR>&gt;=20
    Sent: Thursday, January 10, 2002 1:08 PM<BR>&gt; Subject: Re: AW: =
[CANSLIM]=20
    DFXI<BR>&gt;<BR>&gt;<BR>&gt; &gt; ... and still more than you really =
wanted=20
    to know about "kudos":<BR>&gt; &gt;<BR>&gt; &gt; From a really cool =
site=20
    called "Take Our Word For It"<BR>&gt; &gt; (<A=20
    =
href=3D"http://www.takeourword.com/">http://www.takeourword.com/</A>):<BR=
>&gt;=20
    &gt;<BR>&gt; &gt; "Kudos is simply Greek for "praise".&nbsp; It is =
thought=20
    to have entered<BR>&gt; English<BR>&gt; &gt; as university =
slang.&nbsp; By=20
    1799 we have a back-formed verb kudize "to<BR>&gt; praise",<BR>&gt; =
&gt; so=20
    kudos itself was probably in use prior to that, though the<BR>&gt; =
first=20
    known<BR>&gt; &gt; recorded use of kudos comes from 1831.&nbsp; =
Thereafter=20
    we find it<BR>&gt; used by the<BR>&gt; &gt; likes of Disraeli and=20
    Darwin.&nbsp; Darwin wrote, in one of his<BR>&gt; letters: =
"Lyell<BR>&gt;=20
    &gt; has read about half of the volume in clean sheets, and =
gives<BR>&gt; me=20
    very great<BR>&gt; &gt; kudos."<BR>&gt; &gt;<BR>&gt; &gt; =
Pronunciation in=20
    Britain is "cue-doss" while in America it is<BR>&gt; =
"koo-doze".<BR>&gt;=20
    &gt; As with many Greek words, -os indicates a singular noun.&nbsp; =
Many=20
    <BR>&gt; &gt; people<BR>&gt; assume<BR>&gt; &gt; kudos is the&nbsp; =
plural=20
    form, with the singular being a kudo.&nbsp; They are<BR>&gt; =
wrong.<BR>&gt;=20
    &gt; Just wrong.<BR>&gt; &gt;<BR>&gt; &gt; There was once a computer =

    operating system called QDOS.&nbsp; Was<BR>&gt; it named by =
a<BR>&gt; &gt;=20
    Brit, so that it sounded like kudos, or is that simply a <BR>&gt; =
&gt;=20
    coincidence?"<BR>&gt; &gt;<BR>&gt; &gt; ... and there you have =
it.<BR>&gt;=20
    &gt;<BR>&gt; &gt;<BR>&gt; &gt; ----- Original Message -----<BR>&gt; =
&gt;=20
    From: "Warren Keuffel" &lt;<A=20
    =
href=3D"mailto:wkeuffel@xmission.com">wkeuffel@xmission.com</A>&gt;<BR>&g=
t;=20
    &gt; To: &lt;<A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
&gt;<BR>&gt;=20
    &gt; Sent: Wednesday, January 09, 2002 8:23 PM<BR>&gt; &gt; Subject: =
Re: AW:=20
    [CANSLIM] DFXI<BR>&gt; &gt;<BR>&gt; &gt;<BR>&gt; &gt; &gt; Jumping =
in here=20
    for Mike -- "Kudos" basically means<BR>&gt; =
"Congratulations".<BR>&gt; &gt;=20
    &gt;&nbsp; However &lt;ahem&gt; I was curious about the etymology of =
the=20
    word so <BR>&gt; &gt; &gt; consulted my American Heritage dictionary =
which=20
    defines it<BR>&gt; as&nbsp; "Acclaim<BR>&gt; &gt; &gt; or prestige =
as a=20
    result of achievement or position." But no<BR>&gt; guidance =
on<BR>&gt; &gt;=20
    &gt; etymology, darn it.&nbsp; More than you wanted to know, right?=20
    &lt;g&gt;<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; Warren<BR>&gt; &gt;=20
    &gt;<BR>&gt; &gt; &gt; Andreas Himmelreich wrote:<BR>&gt; &gt; =
&gt;<BR>&gt;=20
    &gt; &gt; &gt;Sorry to ask Mike, what means Kudos?<BR>&gt; &gt; &gt; =

    &gt;<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; =
&gt;&gt;-----Ursprungliche=20
    Nachricht-----<BR>&gt; &gt; &gt; &gt;&gt;Von: Mike Gibbons=20
    [SMTP:webmaster@cwhcharts.com] Gesendet am: <BR>&gt; &gt; &gt;=20
    &gt;&gt;Wednesday, January 09, 2002 7:08 PM<BR>&gt; &gt; &gt; =
&gt;&gt;An: <A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>&gt;=20
    &gt; &gt; &gt;&gt;Betreff: RE: [CANSLIM] DFXI<BR>&gt; &gt; &gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;Kudos to you, you should be =
feeling=20
    pleased this morning<BR>&gt; and justly<BR>&gt; so.<BR>&gt; &gt; =
&gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;Aloha,<BR>&gt; &gt; &gt; =
&gt;&gt;<BR>&gt;=20
    &gt; &gt; &gt;&gt;Mike Gibbons<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; =
&gt; &gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; &gt; =
&gt;&gt;-----Original=20
    Message-----<BR>&gt; &gt; &gt; &gt;&gt;From: <A=20
    =
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A>=20
    <BR>&gt; &gt; &gt; =
&gt;&gt;[mailto:owner-canslim@lists.xmission.com]On=20
    Behalf Of Dave<BR>&gt; &gt; &gt; &gt;&gt;Sent: Wednesday, January =
09, 2002=20
    5:29 AM<BR>&gt; &gt; &gt; &gt;&gt;To: <A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>&gt;=20
    &gt; &gt; &gt;&gt;Subject: RE: [CANSLIM] DFXI<BR>&gt; &gt; &gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;True, =
the=20
    handle was a bit sloppy but for the most part<BR>&gt; volume in =
the<BR>&gt;=20
    &gt; &gt; &gt;&gt;handle was below normal. It also made a pretty =
nice=20
    ascending<BR>&gt; triangle.<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; =
&gt;=20
    &gt;&gt;As for the action at the end of the day, I think =
you're<BR>&gt;=20
    reading too<BR>&gt; much<BR>&gt; &gt; &gt; &gt;&gt;into it. The =
stock made a=20
    tremendous surge on volume in<BR>&gt; the last half<BR>&gt; &gt;=20
    hour<BR>&gt; &gt; &gt; &gt;&gt;of trading. It then pulled back on =
lower=20
    volume but<BR>&gt; didn't undercut<BR>&gt; that<BR>&gt; &gt; &gt;=20
    &gt;&gt;"intraday breakout point". It then found some new =
buyers<BR>&gt; at=20
    the very<BR>&gt; end<BR>&gt; &gt; &gt; &gt;&gt;of the =
session.<BR>&gt; &gt;=20
    &gt; &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;You can find flaws in any =
chart=20
    formation. I've missed many huge<BR>&gt; winners<BR>&gt; &gt; &gt;=20
    &gt;&gt;by refusing to buy what I perceived as a flawed =
handle,<BR>&gt; or=20
    by putting<BR>&gt; &gt; too<BR>&gt; &gt; &gt; &gt;&gt;much weight on =

    intraday analysis. Even IBD will go on to<BR>&gt; call =
"perfect<BR>&gt; &gt;=20
    &gt; &gt;&gt;cup-handle breakouts" on stocks that have somewhat =
questionable=20
    <BR>&gt; &gt; &gt; &gt;&gt;formations. I won't be surprised to see =
DFXI=20
    mentioned<BR>&gt; tomorrow as a<BR>&gt; &gt; good<BR>&gt; &gt; &gt;=20
    &gt;&gt;example.<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; &gt; =
&gt;&gt;Of=20
    course hindsight is 20/20. Nevertheless I'm glad I<BR>&gt; bought=20
    yesterday<BR>&gt; &gt; :)<BR>&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; =
&gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;Yes it did but fell back =
below=20
    it's high of the day. Also,<BR>&gt; &gt; &gt; =
&gt;&gt;&gt;&gt;<BR>&gt; &gt;=20
    &gt; &gt;&gt;&gt;action in the<BR>&gt; &gt; &gt; =
&gt;&gt;&gt;<BR>&gt; &gt;=20
    &gt; &gt;&gt;&gt;&gt;handle has been sloppy - one normally hopes to =
see=20
    price<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;<BR>&gt; &gt; &gt;=20
    &gt;&gt;&gt;pullback on falling<BR>&gt; &gt; &gt; =
&gt;&gt;&gt;<BR>&gt; &gt;=20
    &gt; &gt;&gt;&gt;&gt;volume but in fact it's made a couple of =
attempts to BO=20
    on<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;<BR>&gt; &gt; &gt; =
&gt;&gt;&gt;above=20
    average<BR>&gt; &gt; &gt; &gt;&gt;&gt;<BR>&gt; &gt; &gt;=20
    &gt;&gt;&gt;&gt;volume since forming the pivot on 12/10. I =
wouldn't<BR>&gt;=20
    rush in with an<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;overnight =
order!<BR>&gt;=20
    &gt; &gt; &gt;&gt;&gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;Mike=20
    Gibbons<BR>&gt; &gt; &gt; &gt;&gt;&gt;&gt;<BR>&gt; &gt; &gt;=20
    &gt;&gt;<BR>&gt; &gt; &gt; &gt;&gt;-<BR>&gt; &gt; &gt; &gt;&gt;-To=20
    subscribe/unsubscribe, email "<A=20
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