Re: [CANSLIM] NAZ volume extremely high today ...

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] NAZ volume extremely high today ...
Date: 4 Mar 2002 11:55:31 -0800

Next Article (by Date): RE: [CANSLIM] NAZ volume extremely high today ... "Tim Fisher"
Previous Article (by Date): RE: [CANSLIM] NAZ volume extremely high today ... "Scott Gettis"
Top of Thread: [CANSLIM] NAZ volume extremely high today ... Ian
Next in Thread: RE: [CANSLIM] NAZ volume extremely high today ... "Tim Fisher"
Articles sorted by: [Date] [Author] [Subject]

For me, "Official" means two or more indices up 1.5% to 2% on greater vol 
than the day before and greater than 30d avg vol within 5-15 trading days 
from the recent low. Your results may differ.

At 12:32 PM 3/4/2002 -0700, you wrote:
>Coincidently, I'm reading "the 24 lessons" which
>on pg. 76 states:
>"follow through" ..., indicated by one of the
>indices (DOW, S&P 500, or
>Nasdaq Compisite) closing up 1% or more for the
>day, with a jump in volume
>from the day before.
>
>Not sure if this is what you mean by 'official'.
>
>  Rolf
>
>----- Original Message -----
>From: "Tim Fisher" <Tim@orerockon.com>
>To: <canslim@lists.xmission.com>
>Sent: Monday, March 04, 2002 12:05 PM
>Subject: Re: [CANSLIM] NAZ volume extremely high
>today ...
>
>
> > My question, to which I received no replies,
>still remains: the DOW and
> > NYSE comp did not F/T within their respective
>windows, and did not undercut
> > their earlier lows since (unlike the NASDAQ
>comp). So from an official F/T
> > day watch point of view, do we get a valid F/T
>day on more than just the
> > NASDAQ even if the other indices follow through
>on volume today?
> >
> > At 08:17 AM 3/4/2002 -0800, you wrote:
> > >I guess this will be the official 6th day
>follow-through on te NAZ. Very
> > >heavy volume for this time of day.
> > >
> > >Now all that remains is to find some quality
>companies moving up - I am
> > >seeing a definite shift away from microcaps
>(except BEL, which moves up
> > >vertically every single day) and into big caps.
>My problem is that I am
> > >having trouble finding any growing big caps
>whose businesses aren't
> > >performing poorly. My only slighly larger
>company purchase last week was
> > >ELON - i like the 150% growth in this market.
>Any great ideas out there?
> > >
> > >Ian
> >
> > Tim Fisher
> > Ore-ROCK-On Rockhounding Web Site
> > Owner, Fisher Fisheries, Ltd.
> > mailto:tim@OreRockOn.com
> > WWW http://OreRockOn.com
> >
> >
> > -
> > -To subscribe/unsubscribe, email
>"majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in
>your email.
> >
>
>
>-
>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>-In the email body, write "subscribe canslim" or
>-"unsubscribe canslim".  Do not use quotes in your email.

Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.