From: Spencer48@aol.com
Subject: Re: [CANSLIM] DFXI
Date: Sat, 30 Mar 2002 22:57:22 EST
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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 >>
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