RE: [CANSLIM] USLB

From: "Jeff Bogatay" <jeff@bogatay.com>
Subject: RE: [CANSLIM] USLB
Date: Wed, 1 May 2002 22:20:53 -0400

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Greetings Group.

First time poster.  30 days ago I didn't know much of anything about the
stock markets.  I've crammed a bunch of stuff into that 30 days.  While
my short-term goals are more swing trade/TA oriented, I do find the
discourse in this group educational.

I think I can answer your questions Parnelli..

#1)  WON  == William O'Neil

#2)  The pivot point is the point at which resistance becomes support.
Katerine's example of the ideal entry point was the low for the breakout
day.  The odds of you timing your buy right at 12.04 are fairly slim.  I
think her main point was you were chasing this stock up and missed the
actual breakout.  The actual pivot point is probably more in the 11.35 -
11.45 range.







- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Parnelli
Sent: Wednesday, May 01, 2002 9:54 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] USLB


You're definitely right Katherine about experience being the best
teacher.  I have two stupid questions (intended to get me up to speed so
I can contribute to the board), what is WON and is there a tool that can
help me find the pivot point?  I really do appreciate your help!!!
- -Parnelli



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