Re: [CANSLIM] USLB

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] USLB
Date: Wed, 1 May 2002 19:44:03 -0500

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Hi Parnelli,

When did you buy? If you bought on the breakout 3/25 then you shouldn't =
have been "slammed" as the big downward action 4/23-4/25 is most likely =
market driven. A good buy would have allowed you to weather the action =
and see if it held above the pivot and the 50dMA, which it's done, =
showing very good support 4/29 with high volume and an upward tail.

Katherine
  ----- Original Message -----=20
  From: Parnelli=20
  To: canslim@lists.xmission.com=20
  Sent: Wednesday, May 01, 2002 7:39 PM
  Subject: [CANSLIM] USLB


  Hi Board,

  I'm a new "canslimer" and thought I was an IBD guru until I bought =
USLB and it slammed me.  I know I missed on the "M", but for the life of =
me I can't see any other problems.  If any experienced folks follow this =
stock and can give me their two cents worth I'd be very appreciative.  =
Many thanks, Parnelli   =20

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<BODY bgColor=3D#ffffff>
<DIV>Hi Parnelli,</DIV>
<DIV>&nbsp;</DIV>
<DIV>When did you buy? If you bought on the breakout 3/25 then you =
shouldn't=20
have been "slammed" as the big downward action 4/23-4/25&nbsp;is most =
likely=20
market driven. A good buy would have allowed you to weather the action =
and see=20
if it held above the pivot and the 50dMA, which it's done, showing very =
good=20
support 4/29 with high volume and an upward tail.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=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=3Dpgone@fuse.net href=3D"mailto:pgone@fuse.net">Parnelli</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> Wednesday, May 01, 2002 =
7:39=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] USLB</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=3D2>Hi Board,</FONT></DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT size=3D2>I'm a new "canslimer" and thought I was an IBD =
guru until I=20
  bought USLB and it slammed me.&nbsp; I know I missed on the "M", but =
for the=20
  life of me I can't see any other problems.&nbsp; If any experienced =
folks=20
  follow this stock and can give me their two cents worth I'd be very=20
  appreciative.&nbsp; Many thanks,=20
Parnelli&nbsp;&nbsp;&nbsp;&nbsp;</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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