RE: [CANSLIM] Follow Through Days


From: "Lonnie Brauner" <lonnie@hal-pc.org>
Subject: RE: [CANSLIM] Follow Through Days
Date: Fri, 1 Feb 2002 21:32:58 -0600

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Top of Thread: [CANSLIM] Follow Through Days Andreas Himmelreich
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Hi Katherine,

Thanks for the thorough notes!! (I could use some more discipline there).

So, in spite of all those DD's, is it not true that a follow through of
yesterday's up day on good volume would/could be a sign of a new rally?
Or, is the rally dead?

Lonnie




  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
  Sent: Friday, February 01, 2002 8:57 PM
  To: canslim@lists.xmission.com
  Subject: Re: [CANSLIM] Follow Through Days


  Hi Andreas,

  I don't really remember what the IBD wrote mid-December, and as I've
finally worked through the foot high stack of IBD's, they're long gone to
the recyclers. I looked back in my trading journal and this is what I
noticed on the NASDAQ charts:

  12/6/01--sign of stress?? new high on fairly high volume without much
upside progress
  12/11 & 12/12--churning
  12/13-Distribution Day (DD)
  following 3 days are churning....by itself it doesn't worry me, but
stacked up with the previous signals it's bad news
  12/19--DD
  12/20--DD--2 in a row...not good, especially with all the churning. That's
3 total DD's now.
  12/26, 27, 28--churning again
  12/31--DD --think the rally's done but not completely clear cut because
there's a mix of churning and DD's
  1/3/02 & 1/4/02--market begins to look ok...will start over with the DD
count
  1/9--DD
  1/14--DD
  1/16--DD that's 3 in a row...bad news
  1/22--DD that's 4 in 2 weeks
  1/29--DD that's 5. Rally's dead.

  I use DGO charts for this....so won't include a graphic to go with it. I
like the red and blue...helps me see the DD's and Accumulation Days more
easily.

  Katherine
    ----- Original Message -----
    From: Andreas Himmelreich
    To: 'canslim@lists.xmission.com'
    Sent: Friday, February 01, 2002 7:49 PM
    Subject: AW: [CANSLIM] Follow Through Days


    Hi Katherine,

    Thank you.
    Did IDB call the stall of mid 12/01?

    Regards

    Andreas


    > -----Ursprungliche Nachricht-----
    > Von: Katherine Malm [SMTP:kmalm@earthlink.net]
    > Gesendet am: Friday, February 01, 2002 9:30 PM
    > An: canslim@lists.xmission.com
    > Betreff: Re: [CANSLIM] Follow Through Days
    >
    > Hi Andreas...
    >
    > I'm doing this somewhat from memory...so please don't hold me to the
    exact dates--
    >
    > Market top about 3/21/00-3/29/00
    > FTD about 6/2/00 (I was at an IBD seminar in NYC, so remember this
one!)
    to rally stall early 9/00
    > Mini rally early 10/00 to end of month (can't remember if this was an
    "official" FTD)
    > Mini rally mid 1/01 to end of month (again, not sure if there was an
    official FTD)
    > FTD early 4/01 to stall early 6/01
    > FTD about 9/28/01 until stall mid 12/01.
    > Mini rally beg. 1/02 until 5th distribution day hit 1/29/02.
    > Would have to see a FTD at this point to indicate a fresh rally after
the
    up day 1/30/02. (would need to occur 4-10 days after, so that would make
it
    2/5 to 2/13, just in time for Valentine's Day!)
    >
    > Katherine
    >   ----- Original Message -----
    >   From: Andreas Himmelreich
    >   To: canslim@lists.xmission.com
    >   Sent: Friday, February 01, 2002 1:15 PM
    >   Subject: [CANSLIM] Follow Through Days
    >
    >
    >   Hi,
    >
    >   just wondered, how many follow through days there where between
March
    2000 and October 2001.
    >
    >   I know of two in 2001 (the one which where followed by the spring
rally
    and the last in October).
    >
    >   Have there been other rallies that failed.
    >
    >   Thanks
    >
    >   Andreas
    >
    >   -
    >   -To subscribe/unsubscribe, email "majordomo@xmission.com"
    >   -In the email body, write "subscribe canslim" or
    >   -"unsubscribe canslim".  Do not use quotes in your email.
    >  << Datei: ATT00000.htm >>

    -
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<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial =
color=3D#0000ff>Hi=20
Katherine,</FONT></SPAN></DIV>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial=20
color=3D#0000ff></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial =
color=3D#0000ff>Thanks for=20
the thorough notes!! (I could use some more discipline=20
there).</FONT></SPAN></DIV>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial=20
color=3D#0000ff></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial =
color=3D#0000ff>So, in spite=20
of all those DD's, is it not true that a follow through of yesterday's =
up day on=20
good volume would/could be a sign of a new rally?</FONT></SPAN></DIV>
<DIV><SPAN class=3D390042803-02022002><FONT face=3DArial =
color=3D#0000ff>Or, is the=20
rally dead?</FONT></SPAN></DIV>
<P></P><FONT size=3D2><STRONG>
<P>Lonnie </P>
<P><IMG height=3D74 src=3D"cid:390042803@02022002-086a"=20
width=3D74></P></FONT></STRONG>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader><FONT face=3D"Times New Roman"=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of</B> Katherine =

  Malm<BR><B>Sent:</B> Friday, February 01, 2002 8:57 PM<BR><B>To:</B>=20
  canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Follow =
Through=20
  Days<BR><BR></FONT></DIV>
  <DIV>Hi Andreas,</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>I don't really remember what the IBD wrote mid-December, and as =
I've=20
  finally worked through the foot high stack of IBD's, they're long gone =
to the=20
  recyclers. I looked back in my trading journal and this is what I =
noticed on=20
  the NASDAQ charts:</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>12/6/01--sign of stress?? new high on fairly high volume without =
much=20
  upside progress</DIV>
  <DIV>12/11 &amp; 12/12--churning</DIV>
  <DIV>12/13-Distribution Day (DD)</DIV>
  <DIV>following 3 days are churning....by itself it doesn't worry me, =
but=20
  stacked up with the previous signals it's bad news</DIV>
  <DIV>12/19--DD</DIV>
  <DIV>12/20--DD--2 in a row...not good, especially with all the =
churning.=20
  That's 3 total DD's now.</DIV>
  <DIV>12/26, 27, 28--churning again</DIV>
  <DIV>12/31--DD&nbsp;--think the rally's done but not completely clear =
cut=20
  because there's a mix of churning and DD's</DIV>
  <DIV>1/3/02 &amp; 1/4/02--market begins to look ok...will start over =
with the=20
  DD count</DIV>
  <DIV>1/9--DD</DIV>
  <DIV>1/14--DD</DIV>
  <DIV>1/16--DD that's 3 in a row...bad news</DIV>
  <DIV>1/22--DD that's 4 in 2 weeks</DIV>
  <DIV>1/29--DD that's 5. Rally's dead.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>I use DGO charts for this....so won't include a graphic to go =
with it. I=20
  like the red and blue...helps me see the DD's and Accumulation Days =
more=20
  easily.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</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=3Djudgejimmy@web.de =
href=3D"mailto:judgejimmy@web.de">Andreas=20
    Himmelreich</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>=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 01, =
2002 7:49=20
    PM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> AW: [CANSLIM] Follow =
Through=20
    Days</DIV>
    <DIV><BR></DIV>Hi Katherine,<BR><BR>Thank you.<BR>Did IDB call the =
stall of=20
    mid 12/01?<BR><BR>Regards<BR><BR>Andreas<BR><BR><BR>&gt; =
- -----Ursprungliche=20
    Nachricht-----<BR>&gt; Von: Katherine Malm=20
    [SMTP:kmalm@earthlink.net]<BR>&gt; Gesendet am: Friday, February 01, =
2002=20
    9:30 PM<BR>&gt; An: <A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>&gt;=20
    Betreff: Re: [CANSLIM] Follow Through Days<BR>&gt;<BR>&gt; Hi=20
    Andreas...<BR>&gt;<BR>&gt; I'm doing this somewhat from memory...so =
please=20
    don't hold me to the <BR>exact dates--<BR>&gt;<BR>&gt; Market top =
about=20
    3/21/00-3/29/00<BR>&gt; FTD about 6/2/00 (I was at an IBD seminar in =
NYC, so=20
    remember this one!) <BR>to rally stall early 9/00<BR>&gt; Mini rally =
early=20
    10/00 to end of month (can't remember if this was an <BR>"official"=20
    FTD)<BR>&gt; Mini rally mid 1/01 to end of month (again, not sure if =
there=20
    was an <BR>official FTD)<BR>&gt; FTD early 4/01 to stall early =
6/01<BR>&gt;=20
    FTD about 9/28/01 until stall mid 12/01.<BR>&gt; Mini rally beg. =
1/02 until=20
    5th distribution day hit 1/29/02.<BR>&gt; Would have to see a FTD at =
this=20
    point to indicate a fresh rally after the <BR>up day 1/30/02. (would =
need to=20
    occur 4-10 days after, so that would make it <BR>2/5 to 2/13, just =
in time=20
    for Valentine's Day!)<BR>&gt;<BR>&gt; Katherine<BR>&gt;&nbsp;&nbsp; =
- -----=20
    Original Message -----<BR>&gt;&nbsp;&nbsp; From: Andreas=20
    Himmelreich<BR>&gt;&nbsp;&nbsp; To: <A=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR>&gt;&nbsp;&nbsp;=20
    Sent: Friday, February 01, 2002 1:15 PM<BR>&gt;&nbsp;&nbsp; Subject: =

    [CANSLIM] Follow Through Days<BR>&gt;<BR>&gt;<BR>&gt;&nbsp;&nbsp;=20
    Hi,<BR>&gt;<BR>&gt;&nbsp;&nbsp; just wondered, how many follow =
through days=20
    there where between March <BR>2000 and October=20
    2001.<BR>&gt;<BR>&gt;&nbsp;&nbsp; I know of two in 2001 (the one =
which where=20
    followed by the spring rally <BR>and the last in=20
    October).<BR>&gt;<BR>&gt;&nbsp;&nbsp; Have there been other rallies =
that=20
    failed.<BR>&gt;<BR>&gt;&nbsp;&nbsp; =
Thanks<BR>&gt;<BR>&gt;&nbsp;&nbsp;=20
    Andreas<BR>&gt;<BR>&gt;&nbsp;&nbsp; -<BR>&gt;&nbsp;&nbsp; -To=20
    subscribe/unsubscribe, email "<A=20
    =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>&gt=
;&nbsp;&nbsp;=20
    -In the email body, write "subscribe canslim" or<BR>&gt;&nbsp;&nbsp; =

    -"unsubscribe canslim".&nbsp; Do not use quotes in your =
email.<BR>&gt;&nbsp;=20
    &lt;&lt; Datei: ATT00000.htm &gt;&gt; <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></BLOCKQUOTE></BODY></HTML>

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