Re: [CANSLIM] UTSI

From: esetser <esetser@covad.net>
Subject: Re: [CANSLIM] UTSI
Date: Wed, 16 Jan 2002 19:09:25 -0800

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UTSI has been a rough ride.  I bot it a while back watched it scream up and
then scream right back down.  Remember that I put in a "1/2 of my gain"
stop and got taken out on a dip before the latest runup.  I had been
smarting over that decision, even though I got out with a nice little
profit.  Being out, I haven't been watching it much, but I see it has moved
well back again.  I wonder if this volatility will continue?  Boy, I wish I
could have stayed in and taken my 1/2 gain on that next runup!!

At 02:49 PM 1/16/02 -0500, you wrote:
>UTSI tanking, and against the trend of the Nasdaq. It's approaching the 50
>day moving average. Will it find support there, or tank further? Most of
>my gains have been wiped out.
>
>Yet another nice breakout showing signs of collapse. Should have
>considered the move to 35 a "climax run" I guess...
>
>
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