[CANSLIM] Follow a trend with some cup and handle stocks

From: "Gary A. Snyder" <gas175k@hotmail.com>
Subject: [CANSLIM] Follow a trend with some cup and handle stocks
Date: Thu, 21 Feb 2002 12:16:44 -0500

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For what it is worth:
This is just FYI and I have not done a lot of research but I think worth 
looking at. This trend is very early and of course I could be wrong.
  I think there is a short term market trend that is moving companies in two 
igs.(media/radio/tv, media/newspapers) Lots of Companies have prices going 
up with many companies having c+h. Very few have good ratings. Just a few 
would qualify for CANSLIM consideration. They are all moving on the news of 
the Federal Appeals Court ordered the FCC to decide whether to retain limits 
barring TV broadcasters from owning local stations that reach more than 35% 
of the U.S. Changed rules in the 1980's caused a flurry of mergers and 
acquisitions. It would seem the trend is upward at least until the FCC 
rules. Look at the graphs of these 
Companies:SSP-up,GCI-up,BLC-up,PAX-cup+handle follow through,SBGI-breakout 
yesterday,ACME-breakout yesterday,HSP-cup +handle breakout low 
volume.,UVN-cup+ handle breakout,SBSA-up, correction last two days and I 
save the good omen for last WON-up. Acme is very interesting in that it is 
one crappy company but it owns and operates ten tv stations in md-size 
markets and its price has jumped in the last few days. gas175k




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