Re: [CANSLIM] WDFC - Market needs a little lubrication ...

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ...
Date: Tue, 22 Jan 2002 18:55:08 -0500

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The risks, as I see it, are that three of the past 4 qtrs showed declining
earnings YoY. And sales appear pretty stagnant. When you think of their
business, what reason is there for substantial expansion until / unless the
economy starts booming?

Tom Worley
stkguru@netside.net
AIM: TexWorley
- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, January 22, 2002 4:07 PM
Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ...


> Its now at a natural place to stall or reverse, that is, the old high.  I
suppose the risk
> is not too high, the recent low should be a sort of support level.  I
think maybe if I
> were thinking of buying it, I'd give it a few days at this level and see
if there is a bit
> of pullback or pause right here, I hate buying something that has already
had a bit
> of a run, even if it is only 3 points.
>
> On 22 Jan 2002 at 10:43, Ian wrote:
>
> > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice
intra-base double-bottom just above its 50 day. Its catching a litle
attention today. Opinions?
> >
> > Ian
> >
>
>
>
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