Re: [CANSLIM] Breakouts

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Breakouts
Date: Sun, 7 Apr 2002 13:06:36 -0400

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In theory, a low volume b/o can work. Problem is, if you are following even
the more basic precepts of CANSLIM, you would still be on the sidelines
watching it happening.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----
From: "Duke Miller" <dukemill@tampabay.rr.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, April 07, 2002 12:52 PM
Subject: RE: [CANSLIM] Breakouts


Isn't "low volume breakout" an oxymoron?

I was taken aback by this IC article, but chalked it up to the fact they
probably just didn't have anything else to write about!

Duke

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Novdust
Sent: Friday, April 05, 2002 8:44 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Breakouts


Remember reading about the breakouts a couple messages ago.  Good
Investors Corner in IBD monday on low-volume breakouts.  Basically, it
says that they can work, but to only take a portion of your position and
see if it follows through with a high volume day.  I also remember
reading an Investor's Corner not to long ago saying a breakout can work
if their is higher volume for the week when it breaks out.  I remember
they used DGX about a month ago when it broke out.
- ----- Original Message -----
From: "Mo" <mosspp@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Friday, April 05, 2002 7:28 PM
Subject: [CANSLIM] Mergers and Acquisitions


> Reminds me of the fictional merger that Scott Adams
> used in the now defunct animated Dilbert television
> series:
>
> PATHWAY ELECTRONICS merged with E-TEC SYSTEMS
> to create
> PATHE-TEC SYSTEMS
>
> Regards,
> Mo
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Tax Center - online filing with TurboTax
> http://taxes.yahoo.com/
>
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