Go to Jeff Salisbury LWGate Home Page.From: Spencer48@aol.com
Subject: Re: [CANSLIM] BRLI
Date: Fri, 29 Mar 2002 16:32:05 EST
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Canslimmers:
To reecho Tim comments on BRLI: It is just too low (about $8). =20
However, its chart does look nice. It' has formed a nice 1=BD month cup. =20
Also, it has formed a nice double bottom ("W"), which formation began in=20
November. Notice, also, that its measuring rise should take it to about the=
=20
$10 point.
There are only, as I see it, 3 objections to BRLI: 1) The current pric=
e=20
2) The unimpressive acceleration in Sales 3) The Market. What I do like is=20
its nice recent increase in volume when it rises (vs. when it falls)
jans
In a message dated 3/26/2002 5:12:01 PM Eastern Standard Time,=20
btriffet@earthlink.net writes:
<< To echo Tim's comment: one of the refreshing things about canslim (and th=
is
group) is the restraint from "fortune telling". Bottom line: it's still
under canslim radar. If you bought today then how do you apply the proper
sell rules now? Stocks under $10 bucks historically can swing huge
percentages.
>>
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