RE: [CANSLIM] HTRN

From: "Mike Gibbons" <mikegibbons@proactech.com>
Subject: RE: [CANSLIM] HTRN
Date: Thu, 18 Jul 2002 08:13:00 -1000
Next Article (by Date): [CANSLIM] Daily graphs online "John M. Deacon"
Previous Article (by Date): [CANSLIM] HTRN Chazmoore@aol.com
Top of Thread: [CANSLIM] HTRN Chazmoore@aol.com
Articles sorted by: [Date] [Author] [Subject]
This is a multi-part message in MIME format.

- ------=_NextPart_000_010A_01C22E32.EE3E54A0
Content-Type: text/plain;
	charset="Windows-1252"
Content-Transfer-Encoding: 7bit

Hi Charley,

My understanding is that a cup as defined by WON can be up to 325 trading
days long. A handle can be up to a third of the length of the cup. That's
the definition we use. The complete WON spec for a cwh as I understand it is
here: http://www.cwhcharts.com/WON_cwh.htm.

Aloha,

Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Chazmoore@aol.com
  Sent: Thursday, July 18, 2002 7:45 AM
  To: canslim@lists.xmission.com
  Subject: [CANSLIM] HTRN


  Folks:
  On the 17th I asked if a cup, which took two years to form, is a valid
formation. This happens from time to time and I wondered if WON has
addressed the question or if any of you have had personal experiences with
such a sleeper.
  Using just the data available HTRN completed the right side of a two year
cup on July 1, at a price of $17.75. For the last three weeks a "handle" has
been drifting to the right.
  My gut feeling tells me this is not a legitimate c/h formation. What is
your opinion? Charley

- ------=_NextPart_000_010A_01C22E32.EE3E54A0
Content-Type: text/html;
	charset="Windows-1252"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dus-ascii">
<META content=3D"MSHTML 6.00.2715.400" name=3DGENERATOR></HEAD>
<BODY>
<DIV><SPAN class=3D560270918-18072002><FONT face=3DArial color=3D#0000ff =
size=3D2>Hi=20
Charley, </FONT></SPAN></DIV>
<DIV><SPAN class=3D560270918-18072002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D560270918-18072002><FONT face=3DArial color=3D#0000ff =
size=3D2>My=20
understanding is that a cup as defined by WON can be up to 325 trading =
days=20
long. A handle can be up to a third of the length of the cup. That's the =

definition we use. The complete WON spec for a cwh as I understand it is =
here:=20
<A=20
href=3D"http://www.cwhcharts.com/WON_cwh.htm">http://www.cwhcharts.com/WO=
N_cwh.htm</A>.</FONT></SPAN></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Aloha,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Mike Gibbons<BR>Proactive Technologies, =

LLC</FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></D=
IV>
<BLOCKQUOTE>
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20
  </B>Chazmoore@aol.com<BR><B>Sent:</B> Thursday, July 18, 2002 7:45=20
  AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> =
[CANSLIM]=20
  HTRN<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT =
size=3D2>Folks: <BR>On=20
  the 17th I asked if a cup, which took two years to form, is a valid =
formation.=20
  This happens from time to time and I wondered if WON has addressed the =

  question or if any of you have had personal experiences with such a =
sleeper.=20
  <BR>Using just the data available HTRN completed the right side of a =
two year=20
  cup on July 1, at a price of $17.75. For the last three weeks a =
"handle" has=20
  been drifting to the right. <BR>My gut feeling tells me this is not a=20
  legitimate c/h formation. What is your opinion? Charley</FONT>=20
</FONT></BLOCKQUOTE></BODY></HTML>

- ------=_NextPart_000_010A_01C22E32.EE3E54A0--


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.
Go to Jeff Salisbury LWGate Home Page.