Re: [CANSLIM] HTRN

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] HTRN
Date: Thu, 18 Jul 2002 11:38:35 -0700

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I recall WON showing a 2 yr formation sample in the old HTMMIS. I could be
wrong though (don't have my book with me). One big problem I see chart wise
though is the depth of the cup for HTRN.

My "gut feeling" is that a chart is much more relevant in a 9 month to one
year period as this is the time frame most investors base decisions on
(meaning block traders).

- -Bill

- ----- Original Message -----
From: <Chazmoore@aol.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, July 18, 2002 10:45 AM
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
>


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