Re: [CANSLIM] DFXI


From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] DFXI
Date: Sat, 30 Mar 2002 21:53:53 -0800

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'this one gets the "too many eyes award" in my book'

AHA!  A closet attraction to microcap CANSLIM showing through :)

DFXI first made it onto my watchlist many, many years ago, when it was a penny stock (trading around $1 on the TSE). Despite the persistent urgings of a very shrewd friend, I passed on buying it. Taking into accounts multiple splits, I believe that was getting close to two orders of magnitude ago :(

Today, the upward, low-volume slope from 28 to 36, and the large short position, would combine to make me very wary. But then again, my long checkered history of being wary with DFXI has always been wrong in the past ...

Cheers,

Ian


  ----- Original Message ----- 
  From: Katherine Malm 
  To: canslim@lists.xmission.com 
  Sent: Saturday, March 30, 2002 8:22 PM
  Subject: Re: [CANSLIM] DFXI


  Hi jans,

  Hmmm...DFXI was up nearly 8% on the day, finishing near the high...so I'd say it did well. Can't say what will happen, but you're right that if it doesn't follow through, it might be a suspect breakout. I never like to go for a stock with too many eyes on it and this one gets the "too many eyes award" in my book, but this seems to be a company with savvy. (Sure hope they can afford all those BowFlex ads that run every 23 minutes.)

  DGO doesn't have any new annotation tools...the DFXI notations were courtesy of a nifty shareware program called PrintKey Pro from www.warecentral.com. Best $19.95 I've spent in years...well, except for the $19.95 I spent yesterday filling up my prepaid card from Starbucks....gets that latte in my hands faster than ever!

  Katherine
    ----- Original Message ----- 
    From: Spencer48@aol.com 
    To: canslim@lists.xmission.com 
    Sent: Saturday, March 30, 2002 9:57 PM
    Subject: Re: [CANSLIM] DFXI


    Katherine:

         A comment and a question.  The comment:  There is a high short-interest 
    in DFXI.  It did gap up (and in my opinion broke-out) on Wednesday.  

         However, the question now should be whether the breakout is going to 
    fail or not.  Without my going into how I feel the Market will behave, the 
    issue seems to be: Are the big institutions selling their DFXI into strength 
    (those who were short no doubt bought on the breakout, but the stock on 
    Thursday never really went anywhere even though volume was tremendous)?   
    According to WON (as I remember it) if the stock doesn't continue to go up 
    the next day after the breakout, the stock should most likely be sold.

         Here's my question:  How were you able to write on the DG chart (I'm not 
    talking about the red trendline)?  Does DG have something new (viz.  Writing 
    on charts)? 

    jans


    In a message dated 3/28/2002 2:36:32 PM Eastern Standard Time, 
    kmalm@earthlink.net writes:

    << I've uploaded a chart notating the C&H to:
     
     http://WallStreet-LLC.com/pub/DFXI032802.jpg >>

    -
    -To subscribe/unsubscribe, email "majordomo@xmission.com"
    -In the email body, write "subscribe canslim" or
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<DIV><FONT size=2>'this one gets the "too many eyes award" in my 
book'</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>AHA!&nbsp; A closet attraction to microcap CANSLIM showing 
through :)</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>DFXI first made it onto my watchlist many, many years ago, 
when it was a penny stock (trading around $1 on the TSE). Despite the persistent 
urgings of a very shrewd friend, I passed on buying it. Taking into accounts 
multiple splits, I believe that was getting close to two orders of magnitude ago 
:(</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Today, the upward, low-volume slope from 28 to 36, and the 
large short position, would combine to make me very wary. But then again, my 
long checkered history of being wary with DFXI has always been wrong in the past 
...</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Cheers,</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:kmalm@earthlink.net" title=kmalm@earthlink.net>Katherine 
  Malm</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:canslim@lists.xmission.com" 
  title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, March 30, 2002 8:22 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] DFXI</DIV>
  <DIV><BR></DIV>
  <DIV>Hi jans,</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Hmmm...DFXI was up nearly 8% on the day, finishing near the high...so I'd 
  say it did well. Can't say what will happen, but you're right that if it 
  doesn't follow through, it might be a suspect breakout. I never like to go for 
  a stock with too many eyes on it and this one gets the "too many eyes award" 
  in my book, but this seems to be a company with savvy. (Sure hope they can 
  afford all those BowFlex ads that run every 23 minutes.)</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>DGO doesn't have any new annotation tools...the DFXI notations were 
  courtesy of&nbsp;a nifty shareware program called PrintKey Pro from <A 
  href="http://www.warecentral.com">www.warecentral.com</A>. Best $19.95 I've 
  spent in years...well, except for the $19.95 I spent yesterday filling up my 
  prepaid card from Starbucks....gets that latte in my hands faster than 
  ever!</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</DIV>
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    <A href="mailto:Spencer48@aol.com" 
    title=Spencer48@aol.com>Spencer48@aol.com</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A 
    href="mailto:canslim@lists.xmission.com" 
    title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, March 30, 2002 9:57 
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] DFXI</DIV>
    <DIV><BR></DIV>Katherine:<BR><BR>&nbsp;&nbsp;&nbsp;&nbsp; A comment and a 
    question.&nbsp; The comment:&nbsp; There is a high short-interest <BR>in 
    DFXI.&nbsp; It did gap up (and in my opinion broke-out) on Wednesday.&nbsp; 
    <BR><BR>&nbsp;&nbsp;&nbsp;&nbsp; However, the question now should be whether 
    the breakout is going to <BR>fail or not.&nbsp; Without my going into how I 
    feel the Market will behave, the <BR>issue seems to be: Are the big 
    institutions selling their DFXI into strength <BR>(those who were short no 
    doubt bought on the breakout, but the stock on <BR>Thursday never really 
    went anywhere even though volume was tremendous)?&nbsp;&nbsp; <BR>According 
    to WON (as I remember it) if the stock doesn't continue to go up <BR>the 
    next day after the breakout, the stock should most likely be 
    sold.<BR><BR>&nbsp;&nbsp;&nbsp;&nbsp; Here's my question:&nbsp; How were you 
    able to write on the DG chart (I'm not <BR>talking about the red 
    trendline)?&nbsp; Does DG have something new (viz.&nbsp; Writing <BR>on 
    charts)? <BR><BR>jans<BR><BR><BR>In a message dated 3/28/2002 2:36:32 PM 
    Eastern Standard Time, <BR><A 
    href="mailto:kmalm@earthlink.net">kmalm@earthlink.net</A> 
    writes:<BR><BR>&lt;&lt; I've uploaded a chart notating the C&amp;H 
    to:<BR>&nbsp;<BR>&nbsp;<A 
    href="http://WallStreet-LLC.com/pub/DFXI032802.jpg">http://WallStreet-LLC.com/pub/DFXI032802.jpg</A> 
    &gt;&gt;<BR><BR>-<BR>-To subscribe/unsubscribe, email "<A 
    href="mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In the 
    email body, write "subscribe canslim" or<BR>-"unsubscribe canslim".&nbsp; Do 
    not use quotes in your email.</BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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Next Article (by Author): Re: [CANSLIM] DFXI "Katherine Malm"
Previous Article (by Author): Great shape for summer,get there now "Herminia"
Top of Thread: Re: [CANSLIM] DFXI Spencer48@aol.com
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