RE: [CANSLIM] sweet chart

From: "Hill, Ernie" <Ernie.Hill@ElPaso.com>
Subject: RE: [CANSLIM] sweet chart
Date: Thu, 11 Jul 2002 08:54:28 -0500

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Dave,

One method is to draw a trend line connecting the bottoms and buy when
prices move back to the projected trend-line.

E

 -----Original Message-----
From: 	Davellil5@aol.com [mailto:Davellil5@aol.com] 
Sent:	Thursday, July 11, 2002 8:45 AM
To:	canslim@lists.xmission.com
Subject:	Re: [CANSLIM] sweet chart

Tom, I would like to understand better the criteria for buying an LLUR.  

Do you wait for a secondary, tertiary, etc. base to form along the rising 
wave of the LLUR, before buying?  Or, do you have some other criterion for 
buying an LLUR?
And what criteria are there to avoid an LLUR that's about to peak out and 
collapse?

To me, an LLUR is a stock whose tendency to rise I failed to catch earlier
in 
time -- maybe because it escaped notice or indications of momentum weren't 
too definite then.  Either way, I've declined to chase such stocks.  But
many 
of them continue rising, so why bypass them automatically?

Others in our group may also have some of the same questions in mind.  Any 
comments would be appreciated.

Dave

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