Re: [CANSLIM] DYII Revisited--post analysis

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] DYII Revisited--post analysis
Date: Thu, 17 Jan 2002 12:38:13 -0800

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Thanks for the links! The stockcharts site looks very easy to follow so I'll
begin there.  : )

- -Bill
- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, January 17, 2002 10:51 AM
Subject: Re: [CANSLIM] DYII Revisited--post analysis

Thanks, Bill.

There are more technical terms for what I call a tail. In candlestick
analysis there is a name for a "tail up" and a "tail down" but I always
forget their official names as I have no context for the terms. I tend to
use more personal words to describe price action and it unfortunately
doesn't always translate well. When I was a kid I used to chase and catch
pollywogs....thus my use of the term "tail." Tail down...pollywog swimming
south. Tail up....pollywog swimming north.

My personal favorite site for learning more about technical analysis is
TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com )
Another with good technical chart reading lessons (free) is StockCharts.com
(http://stockcharts.com/education/index.html). For info on candlesticks
(free)--- http://www.litwick.com

Katherine

PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are:
"Why is it
listed here?" Exactly the reason I do my own homework. Interestingly, the
EPS/SMR/ROE numbers if used as a proxy for fundamental strength would have
told you this was ok. The high RS implies some form of technical strength.
BUT due diligence and good chart reading tell another story. I don't think
WON would advocate buying into such a faulty pattern, so I understand why it
showed up on the list, but would otherwise be a "pass."

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