Go to Jeff Salisbury LWGate Home Page.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 >>
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<DIV><FONT size=2>'this one gets the "too many eyes award" in my
book'</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>AHA! A closet attraction to microcap CANSLIM showing
through :)</FONT></DIV>
<DIV> </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> </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> </DIV>
<DIV><FONT size=2>Cheers,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV> </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> </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> </DIV>
<DIV>DGO doesn't have any new annotation tools...the DFXI notations were
courtesy of 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> </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> A comment and a
question. The comment: There is a high short-interest <BR>in
DFXI. It did gap up (and in my opinion broke-out) on Wednesday.
<BR><BR> However, the question now should be whether
the breakout is going to <BR>fail or not. 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)? <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> Here's my question: How were you
able to write on the DG chart (I'm not <BR>talking about the red
trendline)? Does DG have something new (viz. 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><< I've uploaded a chart notating the C&H
to:<BR> <BR> <A
href="http://WallStreet-LLC.com/pub/DFXI032802.jpg">http://WallStreet-LLC.com/pub/DFXI032802.jpg</A>
>><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". Do
not use quotes in your email.</BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Previous Article (by Date): Re: [CANSLIM] DFXI RWElmer@aol.com
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