Re: [CANSLIM] A short ride

From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] A short ride
Date: Fri, 08 Mar 2002 22:32:21 -0800

Next Article (by Subject): Re: [CANSLIM] A short ride "Mike Lucero"
Previous Article (by Subject): Re: [CANSLIM] A short ride AlpineTap34@aol.com
Top of Thread: Re: [CANSLIM] A short ride "Bill Triffet"
Next in Thread: Re: [CANSLIM] A short ride "Mike Lucero"
Articles sorted by: [Date] [Author] [Subject]

Welcome:

NWRE met my personal 'embryonic CANSLIM' criteria back in July, after their
great June Q. It broke out nicely on volume at around $2.80 in late August,
but was interrupted by 9/11. I have never been a big fan of software utility
companies (Mister Softee has a history of making them all features of the
next version of their OS, and putting these types of companies out of
business), so I shied away when the real volume kicked in again at the end
of November (still around $2).  That was a big mistake. IMHO, the clear
volume trigger point was around $3 (past the August highs) in early
December, so it is too extended now for me to consider, but it sure has seen
a phenomenal volume change from last year, which is often a very good sign.

Ian


- ----- Original Message -----
From: <AlpineTap34@aol.com>
To: <canslim@lists.xmission.com>
Sent: Friday, March 08, 2002 9:35 PM
Subject: Re: [CANSLIM] A short ride


> I'm new to the thread though I've followed you all for a few months now.
I'm
> still trying to find the time to dig deeper into the CANSLIM method. I
> thought it was a bit odd that NWRE hasn't been mentioned....a beautiful
chart
> and had a nice b/o today on heavy volume on a break over $8.45. Anyway, I
was
> just curious if this stock wasn't attractive according to the CANSLIM
> criteria. Since I'm still catching up on the posts over the past couple of
> days, forgive me if this has already been discussed. Thanks in advance.
>
> Trace Warren
>
> -
> -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.

Go to Jeff Salisbury LWGate Home Page.