Re: [CANSLIM] TTIL , any news?

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] TTIL , any news?
Date: Tue, 29 Jan 2002 20:47:13 -0600
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Hi Bill,

I don't see that there's any news on TTIL, but I think what you're =
seeing is group weakness. Most of the group peaked and started =
correcting 12/28-1/4. Stronger players have managed to hold up (BOBJ, =
TTIL, SEBL), but the steady downdraft in the group was bound to get =
stocks like TTIL eventually. TTIL has had a nice straight up ride since =
it bottomed 9/21 around $10 and has met some major resistance at the the =
$36 level set 6/00. I'd say the "get out even crowd" was selling today. =
One last thing....TTIL was slightly extended--running 75% above the =
200dMA. In a strong bull market that would probably fly, but I think the =
downdraft in the market as a whole lately is scaring the bejeepers out =
of people. Good. We need plenty of bearishness if we've got any chance =
of getting this new bull off to a good start. Sorry you were caught in =
the rush to the exits, however.

Katherine

PS I wouldn't bet on SEBL holding up here and would definitely be =
running for the exits if it broke that uptrend. A drop below $31 and its =
bye-bye SEBL.
  ----- Original Message -----=20
  From: Bill Triffet=20
  To: canslim=20
  Sent: Tuesday, January 29, 2002 8:13 PM
  Subject: [CANSLIM] TTIL , any news?


  Got stopped out today on TTIL (barely broke even). Other than general =
market
  factors, I can't find any current news that would send it down 15% =
today. In
  my view, it was really looking good last week...but that was last =
week. (g)

  Also, I'm finding (with Fidelity anyways) that the stop-loss =
executions are
  pretty weak. I had it set at 31 but didn't execute till down at 29.  =
That
  added a hefty 7% downwards move to the trade! I realize that market
  conditions can send a stock down fast and you take what you get but it =
makes
  me want to set a higher stop as a cushion. Of course this presents the
  problem of being stopped out too early. Others find the same dilemma?

  -Bill Triffet




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<DIV>Hi Bill,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I don't see that there's any news on TTIL, but I think what you're =
seeing=20
is group weakness. Most of the group peaked and started correcting =
12/28-1/4.=20
Stronger players have managed to hold up (BOBJ, TTIL, SEBL), but the =
steady=20
downdraft in the group was bound to get stocks like TTIL eventually. =
TTIL has=20
had a nice straight up ride since it bottomed 9/21 around $10 and has =
met some=20
major resistance at the the $36 level set 6/00. I'd say the "get out =
even crowd"=20
was selling today. One last thing....TTIL was slightly extended--running =
75%=20
above the 200dMA. In a strong bull market that would probably fly, but I =
think=20
the downdraft in the market as a whole lately is scaring the bejeepers =
out of=20
people. Good. We need plenty of bearishness if we've got any chance of =
getting=20
this new bull off to a good start. Sorry you were caught in the rush to =
the=20
exits, however.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<DIV>&nbsp;</DIV>
<DIV>PS I wouldn't bet on SEBL holding up here and would definitely be =
running=20
for the exits if it broke that uptrend. A drop below $31 and its bye-bye =

SEBL.</DIV>
<BLOCKQUOTE=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=3Dbtriffet@earthlink.net =
href=3D"mailto:btriffet@earthlink.net">Bill=20
  Triffet</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@mail.xmission.com=20
  href=3D"mailto:canslim@mail.xmission.com">canslim</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, January 29, 2002 =
8:13=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] TTIL , any =
news?</DIV>
  <DIV><BR></DIV>Got stopped out today on TTIL (barely broke even). =
Other than=20
  general market<BR>factors, I can't find any current news that would =
send it=20
  down 15% today. In<BR>my view, it was really looking good last =
week...but that=20
  was last week. (g)<BR><BR>Also, I'm finding (with Fidelity anyways) =
that the=20
  stop-loss executions are<BR>pretty weak. I had it set at 31 but didn't =
execute=20
  till down at 29.&nbsp; That<BR>added a hefty 7% downwards move to the =
trade! I=20
  realize that market<BR>conditions can send a stock down fast and you =
take what=20
  you get but it makes<BR>me want to set a higher stop as a cushion. Of =
course=20
  this presents the<BR>problem of being stopped out too early. Others =
find the=20
  same dilemma?<BR><BR>-Bill Triffet<BR><BR><BR><BR><BR>-<BR>-To=20
  subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
  email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
  not use quotes in your email.</BLOCKQUOTE></BODY></HTML>

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