Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle?
Date: Mon, 21 Jan 2002 15:52:28 -0500
Next Article (by Subject): Re: [CANSLIM] DFXI vs. JEC--Faulty handle? "stock oper8or"
Previous Article (by Subject): Re: [CANSLIM] bvas Spencer48@aol.com
Next in Thread: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? "stock oper8or"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_005C_01C1A293.A0C40E20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, I have trouble calling the handle on either one of these "faulty", = despite the wisdom of IBD. On JEC, the only flaw I see is that there never was a b/o on at least 2X = ADV. In fact, it was moving past the pivot on little more than ADV. You = have to go all the way out to 12/12 and 12/13, when it dropped over = $2.50, then rose again by as much, to find heavy volume. On DFXI, you got nearly 2X ADV volume on 1/8, and well over that as it = crossed the pivot on 1/9. Since it still has not fallen below the pivot = (at least not where a trailing stop loss would have taken most out), I = don't consider this yet to be a failed pattern, thus in my definition, = nothing faulty about the handle. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 8:50 AM Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? DFXI's chart has been bothering me for some time. An Investor's Corner = article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle. What do you think, could DFXI have the same faulty handle?=20 http://WallStreet-LLC.com/pub/DFXI_011802.jpg http://WallStreet-LLC.com/pub/JEC_011802.jpg Katherine - ------=_NextPart_000_005C_01C1A293.A0C40E20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2712.300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Hi Katherine,</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>I have trouble calling the handle on either one = of these=20 "faulty", despite the wisdom of IBD.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>On JEC, the only flaw I see is that there never = was a b/o=20 on at least 2X ADV. In fact, it was moving past the pivot on little more = than=20 ADV. You have to go all the way out to 12/12 and 12/13, when it dropped = over=20 $2.50, then rose again by as much, to find heavy volume.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>On DFXI, you got nearly 2X ADV volume on 1/8, = and well=20 over that as it crossed the pivot on 1/9. Since it still has not fallen = below=20 the pivot (at least not where a trailing stop loss would have taken most = out), I=20 don't consider this yet to be a failed pattern, thus in my definition, = nothing=20 faulty about the handle.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </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> Sunday, January 20, 2002 = 8:50=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?</DIV> <DIV><BR></DIV> <DIV>DFXI's chart has been bothering me for some time. An Investor's = Corner=20 article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle.=20 What do you think, could DFXI have the same faulty handle? </DIV> <DIV> </DIV> <DIV><A=20 = href=3D"http://WallStreet-LLC.com/pub/DFXI_011802.jpg">http://WallStreet-= LLC.com/pub/DFXI_011802.jpg</A></DIV> <DIV><A=20 = href=3D"http://WallStreet-LLC.com/pub/JEC_011802.jpg">http://WallStreet-L= LC.com/pub/JEC_011802.jpg</A></DIV> <DIV> </DIV> <DIV>Katherine</DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_005C_01C1A293.A0C40E20-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Subject): Re: [CANSLIM] DFXI vs. JEC--Faulty handle? "stock oper8or"
Previous Article (by Subject): Re: [CANSLIM] bvas Spencer48@aol.com
Next in Thread: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? "stock oper8or"
Articles sorted by: [Date]
[Author]
[Subject]