From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] DFXI again
Date: Fri, 19 Apr 2002 11:24:01 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_006C_01C1E794.B4D4B720 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Great point, Dave. That's why I like a mental stop on an initial = purchase and do a check on everything in the last hour of trade---no = unnecessary whipsawing based on intraday action. All the swing traders = love the kind of action you described. They look for a trend, a pullback = in the trend, and then a confirmation the trend is continuing, then jump = in. I just don't want to get caught up in their game if I can avoid it! Katherine ----- Original Message -----=20 From: Davellil5@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Friday, April 19, 2002 11:16 AM Subject: Re: [CANSLIM] DFXI again I did what you suggest, waited for the close that day -- and held on. = My reasons: --=20 Some correction is normal as a quarterly reporting date nears. Lately, savvy buyers stay out early in the day and buy when the price = drops=20 to their taste. I call this "intra-day bottom-fishing". The low that day didn't penetrate the 50DMA. And, the volume wasn't high. Not telling anyone else to go this route. You pays your money and = takes your=20 choice. Regards, Dave - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_006C_01C1E794.B4D4B720 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>Great point, Dave. That's why I like a mental stop on an initial = purchase=20 and do a check on everything in the last hour of trade---no unnecessary=20 whipsawing based on intraday action. All the swing traders love the kind = of=20 action you described. They look for a trend, a pullback in the trend, = and then a=20 confirmation the trend is continuing, then jump in. I just don't want to = get=20 caught up in their game if I can avoid it!</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=3DDavellil5@aol.com=20 href=3D"mailto:Davellil5@aol.com">Davellil5@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> Friday, April 19, 2002 = 11:16=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] DFXI = again</DIV> <DIV><BR></DIV>I did what you suggest, waited for the close that day = - -- and=20 held on. <BR><BR>My reasons: -- <BR><BR>Some correction is = normal as a=20 quarterly reporting date nears.<BR><BR>Lately, savvy buyers stay out = early in=20 the day and buy when the price drops <BR>to their taste. I call = this=20 "intra-day bottom-fishing".<BR><BR>The low that day didn't penetrate = the=20 50DMA.<BR><BR>And, the volume wasn't high.<BR><BR>Not telling anyone = else to=20 go this route. You pays your money and takes your=20 <BR>choice.<BR><BR>Regards, Dave<BR><BR><BR><BR><BR>-<BR>-To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_006C_01C1E794.B4D4B720-- - - - -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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