Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] DFXI
Date: Mon, 1 Apr 2002 01:11:16 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_0156_01C1D91A.1FA88740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Charley, I don't see your comments as "defending the stock"... I think DFXI has a = lot going for it, just personally took a pass on the breakout Thursday, = even though DFXI has been on my live watch for quite a while. The issue = of a breakout on an analyst upgrade is not necessarily a hard and fast = rule, so to speak. The reason it bothered me Thursday had to do with the = "eyes" issue....That is, when there is not a plurality of solid CANSLIM = candidates breaking out, there are many retail eyes on a few good = stocks. As I was watching the action Thursday, most of the trades I saw = going by were small retail trades. My interpretation of that action was = that the majority of the move was not institutional and most likely = spurred on by the Jaffray upgrade and a plethora of buy stops from = CANSLIMers. I don't know where I can get time & sales data from a day = already closed out...but I can give you a summary view of it at = http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?t=3DDFXI&range=3D7&mgp=3D= 20020328&i=3D3&hdate=3D20020328&x=3D12&y=3D12 Look to the pie charts = low on the page and you can see for the data available, the retail buys = were outpacing institutional buys about 3 to 1. It was a = subtle/intuitive issue....and I may just be completely wrong on this = (which happens all the time!) I've learned, however, to trust my = intuition on these things.... my gut says there'll be more opportunities = to buy this one if the growth story is for real. Katherine ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Sunday, March 31, 2002 9:52 AM Subject: Re: [CANSLIM] DFXI Katherine: I feel that you have said something very important and it = is eluding me. Would you please take a minute and expand your point?=20 By your concern over the timing do you mean that you think the upward = movement was caused by the Jaffray upgrade? If so, why is that a = negative?=20 I was aware that about that 20% of the float had been shorted (6 = million shares) but the information is dated. Wasn't the last strike = date March 15th? The price has moved up since then so maybe the movement = was caused by covering?=20 Finally, why does a lot of people "watching" concern you?=20 I am not trying to defend this stock believe me. I would really like = to know more about what appears to me to be subtle points.=20 Charley=20 - ------=_NextPart_000_0156_01C1D91A.1FA88740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Hi Charley,</DIV> <DIV> </DIV> <DIV>I don't see your comments as "defending the stock"... I think DFXI = has a=20 lot going for it, just personally took a pass on the breakout Thursday, = even=20 though DFXI has been on my live watch for quite a while. The issue of a = breakout=20 on an analyst upgrade is not necessarily a hard and fast rule, so to = speak. The=20 reason it bothered me Thursday had to do with the "eyes" issue....That = is, when=20 there is not a plurality of solid CANSLIM candidates breaking out, there = are=20 many retail eyes on a few good stocks. As I was watching the action = Thursday,=20 most of the trades I saw going by were small retail trades. My = interpretation of=20 that action was that the majority of the move was not institutional and = most=20 likely spurred on by the Jaffray upgrade and a plethora of buy stops = from=20 CANSLIMers. I don't know where I can get time & sales data from a = day=20 already closed out...but I can give you a summary view of it at <A=20 href=3D"http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?t=3DDFXI&ran= ge=3D7&mgp=3D20020328&i=3D3&hdate=3D20020328&x=3D12&y= =3D12">http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?t=3DDFXI&rang= e=3D7&mgp=3D20020328&i=3D3&hdate=3D20020328&x=3D12&y=3D= 12</A> =20 Look to the pie charts low on the page and you can see for the data = available,=20 the retail buys were outpacing institutional buys about 3 to 1. It was a = subtle/intuitive issue....and I may just be completely wrong on this = (which=20 happens all the time!) I've learned, however, to trust my intuition on = these=20 things.... my gut says there'll be more opportunities to buy this one if = the=20 growth story is for real.</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3DChazmoore@aol.com=20 href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, March 31, 2002 = 9:52=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] = DFXI</DIV> <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Katherine: = I feel that=20 you have said something very important and it is eluding me. Would you = please=20 take a minute and expand your point? <BR>By your concern over the = timing do=20 you mean that you think the upward movement was caused by the Jaffray = upgrade?=20 If so, why is that a negative? <BR>I was aware that about that 20% of = the=20 float had been shorted (6 million shares) but the information is = dated. Wasn't=20 the last strike date March 15th? The price has moved up since then so = maybe=20 the movement was caused by covering? <BR>Finally, why does a lot of = people=20 "watching" concern you? <BR><BR>I am not trying to defend this stock = believe=20 me. I would really like to know more about what appears to me to be = subtle=20 points. <BR><BR>Charley</FONT> </FONT></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0156_01C1D91A.1FA88740-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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