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Subject: Re: [CANSLIM] ASIA?
Date: Sat, 12 Jan 2002 11:03:57 -0800
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- --------------665810C7BA5DC5F0FA800BF2 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Kathern ,thx to you and all the other folks that make this a GREAT stock site . K. ..your commentary is most helpfull and insitefull [sp.] Sure do like todays chart presention on Yahoo of ASIA.Neat lay out with notes etc.. Thx again to all. Katherine Malm wrote: > Patrick, That's just about the coolest thing I've seen on the net in > ages! (OK, so I'm not very adventurous.) Thanks and here's the new > link to the chart: http://makeashorterlink.com/?R22F6694 Katherine > > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 4:15 PM > Subject: Re: [CANSLIM] ASIA? > Wow, that's some link. Here is a suggestion on long links, > I've only used it once, > but it seemed to work. > > http://www.makeashorterlink.com/index.php > > Thanks for the chart. I'll stick with my interpretation, > but I'll add that the handle > seems a little loose, not ideal. I would say the breakout > fails around 19, a 7 to 8% > drop in price from the breakout. I think the pivot point > was close to 20.25 or so, I > tend to discount those intraday spikes, if they occur, and > use the close, so that > would not take the Dec. 4 (or whichever date it was) high > into account, just the > close. Not sure this is a legitimate approach, just a > personal quirk maybe. Anyway, > I think that anyone in this stock should stick with it a bit > longer. > > On 11 Jan 2002 at 15:14, Katherine Malm wrote: > > > Just an experiment, but here's a marked chart: > > > > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > > > > Katherine > > ----- Original Message ----- > > From: Patrick Wahl > > To: canslim@lists.xmission.com > > Sent: Friday, January 11, 2002 2:52 PM > > Subject: RE: [CANSLIM] ASIA? > > > > > > I think we went around about this subject a few months > ago, but I would put a > > different interpretation on the chart. I think the 12/4 > spike marked the end of the > > right side of the cup, and the choppy sideways movement > from that point constitutes > > a handle. So buying on 12/4 was not the proper buy > point. > > > > The more appropriate buy point would be the day in > January where price gapped up > > to close at about 20.90 or so. To me the formation of a > handle part way up a cup > > doesn't make sense. Handles form at logical sell > points, and the logical sell point is > > the resistance formed at the old high - the left side of > the cup around end of June, > > first of July. Without a sort of definite point like an > old high, any consolidation point > > along the way up the right side of the cup can be called > a handle. > > > > Just my interpretation, I think during the discussion of > this point a few months ago I > > was in a decided minority (one, maybe). > > > > On 10 Jan 2002 at 23:30, Dave wrote: > > > > > In hindsight if I had been watching ASIA on 12/4 I > probably would have > > > bought. If you consider 11/27 to be the start of a > short handle, the pivot > > > would be 17.33 and the stock could have been bought up > to 18.20. In this > > > case, you would still be in the stock. > > > > > > As for now, it's definitely a gamble. Personally I > like the month-long > > > consolidation and the near record volume over the past > few days, and think > > > that if the Nasdaq resumes its rally, there's a good > chance ASIA will go > > > along for the ride. > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of esetser > > > > Sent: Thursday, January 10, 2002 11:51 PM > > > > To: canslim@lists.xmission.com > > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > > > > So you only consider cup with handles as true > breakouts? I buy > > > > cups, cup > > > > with handles, double bottoms, and flat bases, maybe > others. > > > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > > >I'm biased, but I prefer to see it as a high handle > beginning > > > > on 12/6. The > > > > >volume that day was not so great, and there was no > true > > > > handle, so I don't > > > > >consider it a true breakout. > > > > > > > > > >The handle beginning after that failure is nice and > long and > > > > volume dried > > > > >up nicely towards the end. The volume on 1/6-1/7 > was very high. > > > > > > > > > >Only time will tell the true story... > > > > > > > > > >> -----Original Message----- > > > > >> From: owner-canslim@lists.xmission.com > > > > >> [mailto:owner-canslim@lists.xmission.com]On > Behalf Of esetser > > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > > >> To: canslim@lists.xmission.com > > > > >> Subject: Re: [CANSLIM] ASIA? > > > > >> > > > > >> > > > > >> I read this one differently. I see ASIA as a > stock with a > > > > breakout to a > > > > >> new on 12/6. (And as a matter of fact, I bot it > that day.) > > > > >> That breakout > > > > >> became suspect as the stock corrected and closed > near its > > > > low during the > > > > >> day, and went on to be a failed breakout for > anyone buying > > > > in during the > > > > >> day. The action since then is short of the 5 > weeks minimum to > > > > >> define a new > > > > >> base, and is confusing in light of the new high > it set.. I'm > > > > >> not sure where > > > > >> I would put a pivot on this one. The volume was > fabulous for 2 > > > > >> days, but > > > > >> has remained almost as high for the last 2 day > pullback, so I > > > > >> would be very > > > > >> cautious. > > > > >> > > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > > >> >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. > > > > >> > > > > > > > > > > > > > > >- > > > > >-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. > - --------------665810C7BA5DC5F0FA800BF2 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit <!doctype html public "-//w3c//dtd html 4.0 transitional//en"> <html> <body bgcolor="#FFFFFF"> Kathern ,thx to you and all the other folks that make this a GREAT stock site . K. ..your commentary is most helpfull and insitefull [sp.] <br>Sure do like todays chart presention on Yahoo of ASIA.Neat lay out with notes etc.. Thx again to all. <br>Katherine Malm wrote: <blockquote TYPE=CITE><style></style> Patrick, That's just about the coolest thing I've seen on the net in ages! (OK, so I'm not very adventurous.) Thanks and here's the new link to the chart: <a href="http://makeashorterlink.com/?R22F6694">http://makeashorterlink.com/?R22F6694</a> Katherine <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 href="mailto:pjwahl@attbi.com" title="pjwahl@attbi.com">Patrick Wahl</a></div> <div style="FONT: 10pt arial"><b>To:</b> <a href="mailto:canslim@lists.xmission.com" title="canslim@lists.xmission.com">canslim@lists.xmission.com</a></div> <div style="FONT: 10pt arial"><b>Sent:</b> Friday, January 11, 2002 4:15 PM</div> <div style="FONT: 10pt arial"><b>Subject:</b> Re: [CANSLIM] ASIA?</div> Wow, that's some link. Here is a suggestion on long links, I've only used it once, <br>but it seemed to work. <p><a href="http://www.makeashorterlink.com/index.php">http://www.makeashorterlink.com/index.php</a> <p>Thanks for the chart. I'll stick with my interpretation, but I'll add that the handle <br>seems a little loose, not ideal. I would say the breakout fails around 19, a 7 to 8% <br>drop in price from the breakout. I think the pivot point was close to 20.25 or so, I <br>tend to discount those intraday spikes, if they occur, and use the close, so that <br>would not take the Dec. 4 (or whichever date it was) high into account, just the <br>close. Not sure this is a legitimate approach, just a personal quirk maybe. Anyway, <br>I think that anyone in this stock should stick with it a bit longer. <p>On 11 Jan 2002 at 15:14, Katherine Malm wrote: <p>> Just an experiment, but here's a marked chart: <br>> <br>> <a href="http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph">http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph</a> <br>> <br>> Katherine <br>> ----- Original Message ----- <br>> From: Patrick Wahl <br>> To: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a> <br>> Sent: Friday, January 11, 2002 2:52 PM <br>> Subject: RE: [CANSLIM] ASIA? <br>> <br>> <br>> I think we went around about this subject a few months ago, but I would put a <br>> different interpretation on the chart. I think the 12/4 spike marked the end of the <br>> right side of the cup, and the choppy sideways movement from that point constitutes <br>> a handle. So buying on 12/4 was not the proper buy point. <br>> <br>> The more appropriate buy point would be the day in January where price gapped up <br>> to close at about 20.90 or so. To me the formation of a handle part way up a cup <br>> doesn't make sense. Handles form at logical sell points, and the logical sell point is <br>> the resistance formed at the old high - the left side of the cup around end of June, <br>> first of July. Without a sort of definite point like an old high, any consolidation point <br>> along the way up the right side of the cup can be called a handle. <br>> <br>> Just my interpretation, I think during the discussion of this point a few months ago I <br>> was in a decided minority (one, maybe). <br>> <br>> On 10 Jan 2002 at 23:30, Dave wrote: <br>> <br>> > In hindsight if I had been watching ASIA on 12/4 I probably would have <br>> > bought. If you consider 11/27 to be the start of a short handle, the pivot <br>> > would be 17.33 and the stock could have been bought up to 18.20. In this <br>> > case, you would still be in the stock. <br>> > <br>> > As for now, it's definitely a gamble. Personally I like the month-long <br>> > consolidation and the near record volume over the past few days, and think <br>> > that if the Nasdaq resumes its rally, there's a good chance ASIA will go <br>> > along for the ride. <br>> > <br>> > <br>> > > -----Original Message----- <br>> > > From: <a href="mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmission.com</a> <br>> > > [<A HREF="mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lists.xmission.com</A>]On Behalf Of esetser <br>> > > Sent: Thursday, January 10, 2002 11:51 PM <br>> > > To: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a> <br>> > > Subject: RE: [CANSLIM] ASIA? <br>> > > <br>> > > <br>> > > So you only consider cup with handles as true breakouts? I buy <br>> > > cups, cup <br>> > > with handles, double bottoms, and flat bases, maybe others. <br>> > > <br>> > > At 10:44 PM 1/10/02 -0500, you wrote: <br>> > > >I'm biased, but I prefer to see it as a high handle beginning <br>> > > on 12/6. The <br>> > > >volume that day was not so great, and there was no true <br>> > > handle, so I don't <br>> > > >consider it a true breakout. <br>> > > > <br>> > > >The handle beginning after that failure is nice and long and <br>> > > volume dried <br>> > > >up nicely towards the end. The volume on 1/6-1/7 was very high. <br>> > > > <br>> > > >Only time will tell the true story... <br>> > > > <br>> > > >> -----Original Message----- <br>> > > >> From: <a href="mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmission.com</a> <br>> > > >> [<A HREF="mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lists.xmission.com</A>]On Behalf Of esetser <br>> > > >> Sent: Thursday, January 10, 2002 11:25 PM <br>> > > >> To: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a> <br>> > > >> Subject: Re: [CANSLIM] ASIA? <br>> > > >> <br>> > > >> <br>> > > >> I read this one differently. I see ASIA as a stock with a <br>> > > breakout to a <br>> > > >> new on 12/6. (And as a matter of fact, I bot it that day.) <br>> > > >> That breakout <br>> > > >> became suspect as the stock corrected and closed near its <br>> > > low during the <br>> > > >> day, and went on to be a failed breakout for anyone buying <br>> > > in during the <br>> > > >> day. The action since then is short of the 5 weeks minimum to <br>> > > >> define a new <br>> > > >> base, and is confusing in light of the new high it set.. I'm <br>> > > >> not sure where <br>> > > >> I would put a pivot on this one. The volume was fabulous for 2 <br>> > > >> days, but <br>> > > >> has remained almost as high for the last 2 day pullback, so I <br>> > > >> would be very <br>> > > >> cautious. <br>> > > >> <br>> > > >> At 04:58 PM 1/10/02 -0500, you wrote: <br>> > > >> >Hi, <br>> > > >> > <br>> > > >> >Just curious on comment about ASIA. Last few days it looked <br>> > > >> to be breaking <br>> > > >> >out of a nice chart formation. Alas, it seems to be <br>> > > breaking down or <br>> > > >> >allowing for another re-entry point. Any thoughts? <br>> > > >> > <br>> > > >> >Is this stock considered Canslim "worthy" even though it has <br>> > > >> seen higher <br>> > > >> >days (ie. not breaking to new highs)? <br>> > > >> > <br>> > > >> >Thanks, <br>> > > >> >Erik <br>> > > >> >PS. Forgive me if this has been the topic of recent <br>> > > >> discussion. I just moved <br>> > > >> >and missed the last week of my Canslim Group emails. <br>> > > >> > <br>> > > >> >----- Original Message ----- <br>> > > >> >From: "Mike Hofmann" <<a href="mailto:sfmcanslim@hotmail.com">sfmcanslim@hotmail.com</a>> <br>> > > >> >To: <<a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>> <br>> > > >> >Sent: Thursday, January 10, 2002 1:08 PM <br>> > > >> >Subject: Re: AW: [CANSLIM] DFXI <br>> > > >> > <br>> > > >> > <br>> > > >> >> ... and still more than you really wanted to know about "kudos": <br>> > > >> >> <br>> > > >> >> >From a really cool site called "Take Our Word For It" <br>> > > >> >> (<a href="http://www.takeourword.com/">http://www.takeourword.com/</a>): <br>> > > >> >> <br>> > > >> >> "Kudos is simply Greek for "praise". It is thought to <br>> > > have entered <br>> > > >> >English <br>> > > >> >> as university slang. By 1799 we have a back-formed verb <br>> > > kudize "to <br>> > > >> >praise", <br>> > > >> >> so kudos itself was probably in use prior to that, though <br>> > > >> the first known <br>> > > >> >> recorded use of kudos comes from 1831. Thereafter we find <br>> > > >> it used by the <br>> > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his <br>> > > >> letters: "Lyell <br>> > > >> >> has read about half of the volume in clean sheets, and gives <br>> > > >> me very great <br>> > > >> >> kudos." <br>> > > >> >> <br>> > > >> >> Pronunciation in Britain is "cue-doss" while in America it <br>> > > >> is "koo-doze". <br>> > > >> >> As with many Greek words, -os indicates a singular noun. <br>> > > Many people <br>> > > >> >assume <br>> > > >> >> kudos is the plural form, with the singular being a <br>> > > kudo. They are <br>> > > >> >wrong. <br>> > > >> >> Just wrong. <br>> > > >> >> <br>> > > >> >> There was once a computer operating system called QDOS. Was <br>> > > >> it named by a <br>> > > >> >> Brit, so that it sounded like kudos, or is that simply a <br>> > > >> coincidence?" <br>> > > >> >> <br>> > > >> >> ... and there you have it. <br>> > > >> >> <br>> > > >> >> <br>> > > >> >> ----- Original Message ----- <br>> > > >> >> From: "Warren Keuffel" <<a href="mailto:wkeuffel@xmission.com">wkeuffel@xmission.com</a>> <br>> > > >> >> To: <<a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>> <br>> > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM <br>> > > >> >> Subject: Re: AW: [CANSLIM] DFXI <br>> > > >> >> <br>> > > >> >> <br>> > > >> >> > Jumping in here for Mike -- "Kudos" basically means <br>> > > >> "Congratulations". <br>> > > >> >> > However <ahem> I was curious about the etymology of the word so <br>> > > >> >> > consulted my American Heritage dictionary which defines it <br>> > > >> as "Acclaim <br>> > > >> >> > or prestige as a result of achievement or position." But <br>> > > >> no guidance on <br>> > > >> >> > etymology, darn it. More than you wanted to know, right? <g> <br>> > > >> >> > <br>> > > >> >> > Warren <br>> > > >> >> > <br>> > > >> >> > Andreas Himmelreich wrote: <br>> > > >> >> > <br>> > > >> >> > >Sorry to ask Mike, what means Kudos? <br>> > > >> >> > > <br>> > > >> >> > > <br>> > > >> >> > >>-----Ursprungliche Nachricht----- <br>> > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] <br>> > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM <br>> > > >> >> > >>An: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a> <br>> > > >> >> > >>Betreff: RE: [CANSLIM] DFXI <br>> > > >> >> > >> <br>> > > >> >> > >>Kudos to you, you should be feeling pleased this morning <br>> > > >> and justly <br>> > > >> >so. <br>> > > >> >> > >> <br>> > > >> >> > >>Aloha, <br>> > > >> >> > >> <br>> > > >> >> > >>Mike Gibbons <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >>-----Original Message----- <br>> > > >> >> > >>From: <a href="mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmission.com</a> <br>> > > >> >> > >>[<A HREF="mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lists.xmission.com</A>]On Behalf Of Dave <br>> > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM <br>> > > >> >> > >>To: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a> <br>> > > >> >> > >>Subject: RE: [CANSLIM] DFXI <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >>True, the handle was a bit sloppy but for the most part <br>> > > >> volume in the <br>> > > >> >> > >>handle was below normal. It also made a pretty nice ascending <br>> > > >> >triangle. <br>> > > >> >> > >> <br>> > > >> >> > >>As for the action at the end of the day, I think you're <br>> > > >> reading too <br>> > > >> >much <br>> > > >> >> > >>into it. The stock made a tremendous surge on volume in <br>> > > >> the last half <br>> > > >> >> hour <br>> > > >> >> > >>of trading. It then pulled back on lower volume but <br>> > > >> didn't undercut <br>> > > >> >that <br>> > > >> >> > >>"intraday breakout point". It then found some new buyers <br>> > > >> at the very <br>> > > >> >end <br>> > > >> >> > >>of the session. <br>> > > >> >> > >> <br>> > > >> >> > >>You can find flaws in any chart formation. I've <br>> > > missed many huge <br>> > > >> >winners <br>> > > >> >> > >>by refusing to buy what I perceived as a flawed handle, <br>> > > >> or by putting <br>> > > >> >> too <br>> > > >> >> > >>much weight on intraday analysis. Even IBD will go on to <br>> > > >> call "perfect <br>> > > >> >> > >>cup-handle breakouts" on stocks that have somewhat <br>> > > questionable <br>> > > >> >> > >>formations. I won't be surprised to see DFXI mentioned <br>> > > >> tomorrow as a <br>> > > >> >> good <br>> > > >> >> > >>example. <br>> > > >> >> > >> <br>> > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I <br>> > > >> bought yesterday <br>> > > >> >> :) <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, <br>> > > >> >> > >>>> <br>> > > >> >> > >>>action in the <br>> > > >> >> > >>> <br>> > > >> >> > >>>>handle has been sloppy - one normally hopes to see price <br>> > > >> >> > >>>> <br>> > > >> >> > >>>pullback on falling <br>> > > >> >> > >>> <br>> > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on <br>> > > >> >> > >>>> <br>> > > >> >> > >>>above average <br>> > > >> >> > >>> <br>> > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't <br>> > > >> rush in with an <br>> > > >> >> > >>>>overnight order! <br>> > > >> >> > >>>> <br>> > > >> >> > >>>>Mike Gibbons <br>> > > >> >> > >>>> <br>> > > >> >> > >> <br>> > > >> >> > >>- <br>> > > >> >> > >>-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >> > >>-In the email body, write "subscribe canslim" or <br>> > > >> >> > >>-"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >> <br>> > > >> >> > >>- <br>> > > >> >> > >>-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >> > >>-In the email body, write "subscribe canslim" or <br>> > > >> >> > >>-"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> >> > >> <br>> > > >> >> > > <br>> > > >> >> > >- <br>> > > >> >> > >-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >> > >-In the email body, write "subscribe canslim" or <br>> > > >> >> > >-"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> >> > > <br>> > > >> >> > > <br>> > > >> >> > > <br>> > > >> >> > <br>> > > >> >> > <br>> > > >> >> > <br>> > > >> >> > - <br>> > > >> >> > -To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >> > -In the email body, write "subscribe canslim" or <br>> > > >> >> > -"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> >> > <br>> > > >> >> <br>> > > >> >> - <br>> > > >> >> -To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >> -In the email body, write "subscribe canslim" or <br>> > > >> >> -"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> > <br>> > > >> > <br>> > > >> >_________________________________________________________ <br>> > > >> >Do You Yahoo!? <br>> > > >> >Get your free @yahoo.com address at <a href="http://mail.yahoo.com">http://mail.yahoo.com</a> <br>> > > >> > <br>> > > >> > <br>> > > >> >- <br>> > > >> >-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> >-In the email body, write "subscribe canslim" or <br>> > > >> >-"unsubscribe canslim". Do not use quotes in your email. <br>> > > >> > <br>> > > >> > <br>> > > >> <br>> > > >> <br>> > > >> - <br>> > > >> -To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>" <br>> > > >> -In the email body, write "subscribe canslim" or <br>> > > >> -"unsubscribe canslim". 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