Re: [CANSLIM] NOBL

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] NOBL
Date: Thu, 18 Apr 2002 10:21:01 -0400

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Hi Mona,

what you are seeing as a cup is, to me, to short a basing pattern to call a
cup. I simply see it as volatility on profit taking on a stock that has run
up pretty far, pretty fast.

I bought just using short flat bases, on 12/31 at 8.13, and 1/8/02 at 8.99
when it didn't back off. I sold 2/19 at 11.47 primarily because I was
concentrating more funds in technology, and was not comfortable with the
automotive industry at the time. Where I sold it was in another flat line
base, so the stock was not giving me a reason to sell, and I should still
have waited for that reason, and made a lot more money.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----
From: "Mona Guarino" <webmaster@design21.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, April 17, 2002 11:15 AM
Subject: RE: [CANSLIM] NOBL


Tom, I know the feeling as to baling too soon and then wathing something
climb . . .

Question on c&p on this one. Looking at a weekly chart, I see a move up
before 3/10/00 and then a cup just finishing it's right side now -- within
5% of the top of the left. So, I'd be looking for it to get to 16.75 and
then form a handle. Or, was the activity 3/15 to 3/29 the handle already?

Thanks,
- -- Mona

> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
> Sent: Monday, April 15, 2002 10:10 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] NOBL
>
>
> still can't believe I bought this one right, then bailed out WAY too soon.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
> ----- Original Message -----
> From: "Tim Fisher" <Tim@orerockon.com>
> To: <canslim@lists.xmission.com>
> Sent: Monday, April 15, 2002 10:39 AM
> Subject: [CANSLIM] NOBL
>
>
> Breaking out from a short volatile flat base....I bot 1/2 pos. Not a good
> "M"! But I wanted to test the "small cap outperforming" theory - I had a
> banner week last week.
>
> Tim Fisher
> Ore-ROCK-On Rockhounding Web Site
> Owner, Fisher Fisheries, Ltd.
> mailto:tim@OreRockOn.com
> WWW http://OreRockOn.com
>
>
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