Re: [CANSLIM] ACMR - Investors.com weblink???

From: "zillagirl" <zillagirl@email.msn.com>
Subject: Re: [CANSLIM] ACMR - Investors.com weblink???
Date: Thu, 18 Jul 2002 19:32:48 -0700

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bill-I'm pretty bad at bases still, but do you think he referred to this as
a base because it did not break the 200 day average? Thanks for bringing
this up-it made me really stop and pay attention to this move and try to
learn more instead of just read about it again and miss it.
- ----- Original Message -----
From: "Bill Triffet" <btriffet@earthlink.net>
To: "canslim" <canslim@lists.xmission.com>
Sent: Thursday, July 18, 2002 3:49 PM
Subject: [CANSLIM] ACMR - Investors.com weblink???


> Anyone catch the Investors.com weblink? http://www.investors.com/weblink/
> It's describing the action of ACMR. Now, look at what they define as a
> "second stage base"
> Yes, volume dried up for that period but look at the price swing - an over
> 20% decline from the previous high to the intraday low. I wouldn't have
> considered that a base at all. I guess the lack of volume is the key to
> interpreting that base? Perhaps I need to also consider the previous 79%
> gains based on the breakout from the first stage?
>
> Bill Triffet
>
>
>
>
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