RE: [CANSLIM] SRCL

From: "Dave Rubin" <daverubin@yahoo.com>
Subject: RE: [CANSLIM] SRCL
Date: Thu, 2 May 2002 15:07:07 -0400

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I don't see much of a base which is why I think it may fail. You could
say 4/24 was a breakout of a short steep cup-handle. Just looks to me
like it's come too far too soon without much support to spring from.

> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Winston Little
> Sent: Thursday, May 02, 2002 11:46 AM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] SRCL
>
>
> What do you define as the BASE?
>
> Average daily volume =262,000.
> Vol yesterday = 398,000 = 50 % over ave.
> Volume today = 252,000 through 11:43 am Implies 600,000 today.
>
> However, today's price spurt raises concerns.
>
> ----- Original Message -----
> From: "Dave Rubin" <daverubin@yahoo.com>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, May 02, 2002 11:30 AM
> Subject: [CANSLIM] SRCL
>
>
> > SRCL is "breaking out" of a faulty base on lackluster volume. Very
> > tempted to short...
> >
> >
> >
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