Re: [CANSLIM] A short ride

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] A short ride
Date: 8 Mar 2002 03:59:49 -0800

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This one did bounce off the support at the 50dma big-time. If it goes back 
down below that support, look out below. A breakout that fails on high vol 
usually means it will take a long time to recover. Some never do.

At 02:50 AM 3/8/2002 -0800, you wrote:
>I seem to remember an article where they said don't worry if a stock falls
>hard back toward it's pivot, even on increasing volume. Hmm.
>
>Mike
>----- Original Message -----
>From: "Bill Triffet" <btriffet@earthlink.net>
>To: <canslim@lists.xmission.com>
>Sent: Thursday, March 07, 2002 11:47 AM
>Subject: Re: [CANSLIM] A short ride
>
>
>Oops sorry Mike. I meant to get back to you. Thankfully Katherine stepped up
>to the plate with the article.
>Btw, today's action confirms the failed breakout. Looked like a great stock
>at the time though...
>
>-Bill
>
>----- Original Message -----
>From: "Katherine Malm" <kmalm@earthlink.net>
>To: <canslim@lists.xmission.com>
>Sent: Thursday, March 07, 2002 11:26 AM
>Subject: Re: [CANSLIM] A short ride
>
>
>Hi Mike,
>
>I've uploaded a copy of the article to:
>
>http://WallStreet-LLC.com/pub/BreakoutReversals030602.jpg
>
>Katherine
>   ----- Original Message -----
>   From: Mike Lucero
>   To: canslim@lists.xmission.com
>   Sent: Wednesday, March 06, 2002 7:09 PM
>   Subject: Re: [CANSLIM] A short ride
>
>
>   What did it say?
>   ----- Original Message -----
>   From: "Bill Triffet" <btriffet@earthlink.net>
>   To: <canslim@lists.xmission.com>
>   Sent: Wednesday, March 06, 2002 12:27 PM
>   Subject: Re: [CANSLIM] A short ride
>
>
>   UOPX sure looks like another example of today's Investors Corner - Beware
>Of
>   Reversal On Breakout. A tail with large volume. I got out as well.
>
>   -Bill Triffet
>
>
>   ----- Original Message -----
>   From: "Tim Fisher" <Tim@orerockon.com>
>   To: <canslim@mail.xmission.com>
>   Sent: Wednesday, March 06, 2002 9:37 AM
>   Subject: [CANSLIM] A short ride
>
>
>   > Well that was certainly a short ride with UOPX and POSS. Makes me wonder
>   > whether this is a big cap rally now. All after I put in orders for the
>   open
>   > today for NTBK and RBMG (neither of which is following suit,
>thankfully).
>   > Anyway just really wanted to test the server since I don't see any email
>   > from the group today.
>
>
>
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>
>
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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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