[CANSLIM] FTD Question

From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: [CANSLIM] FTD Question
Date: Thu, 27 Jun 2002 09:27:22 -0400

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The market is so oversold now, that we are due for a strong rally (even =
if it turns out to be a temporary rally based mainly on short covering). =
If we would get two days in a row with big increases on very large =
volume, would the 2nd day be considered an FTD, or would the purists =
rather the FTD be 4-7 days after the first day? This may all be moot as =
we may not get a powerful rally, but if we get two very strong days back =
to back, how should we react?

Jon

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<DIV><FONT face=3DArial color=3D#0000ff>The market is so oversold now, =
that we are=20
due for a strong rally (even if it turns out to be a temporary rally =
based=20
mainly on short covering). If we would get two days in a row with big =
increases=20
on very large volume, would the 2nd day be considered an FTD, or would =
the=20
purists rather the FTD be 4-7 days after the first day? This may all be =
moot as=20
we may not get a powerful rally, but if we get two very strong days back =
to=20
back, how should we react?</FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial color=3D#0000ff>Jon</FONT></DIV></BODY></HTML>

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