Re: CTSH (was Re: [CANSLIM] Cognizent Technology Solutions)

From: "Donald Wallker" <dougald@dmv.com>
Subject: Re: CTSH (was Re: [CANSLIM] Cognizent Technology Solutions)
Date: Sun, 21 Jul 2002 19:56:06 -0400

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Top of Thread: CTSH (was Re: [CANSLIM] Cognizent Technology Solutions) "Tom Worley"
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The conclusion that Cognizant Tech Solutions broke out was not mine, it =
was that of the author of the IBD Article.
  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, July 21, 2002 6:06 PM
  Subject: CTSH (was Re: [CANSLIM] Cognizent Technology Solutions)

  you could read it that way, but then would be only a 7 week cup =
formation. With 6/28 being only a single day spike, then immediately =
falling back to the base already formed and continuing at that level, I =
take the 6/28 as just part of the overall volatility and continue the =
cup until the b/o 7/16.

  Also note that the volume on 6/28 (as well as 6/27) was below daily =
average, thus would not count as a b/o. Even the selling volume on 7/1 =
which took it back to the base was barely over daily average.

  ----- Original Message -----=20
  From: Chazmoore@aol.com=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, July 21, 2002 5:59 PM
  Subject: Re: [CANSLIM] Cognizent Technology Solutions

  Tom: Take another look. Wasn't the right side of the cup completed on =
June 28th, followed by a 2 1/2 week handle, then the breakout on July =
16?=20

  Charley=20

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<DIV><FONT face=3DArial size=3D2>The conclusion that Cognizant Tech =
Solutions broke=20
out was not mine, it was that of the author of the IBD =
Article.</FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
  Worley</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, July 21, 2002 =
6:06 PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> CTSH (was Re: =
[CANSLIM]=20
  Cognizent Technology Solutions)</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>you could read it that way, but then would be =
only a 7=20
  week cup formation. With 6/28 being only a single day spike, then =
immediately=20
  falling back to the base already formed and continuing at that level, =
I take=20
  the 6/28 as just part of the overall volatility and continue the cup =
until the=20
  b/o 7/16.</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>Also note that the volume on 6/28 (as well as =
6/27) was=20
  below daily average, thus would not count as a b/o. Even the selling =
volume on=20
  7/1 which took it back to the base was barely over daily =
average.</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
  <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
  title=3DChazmoore@aol.com =
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A>=20
  </DIV>
  <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV><B>Sent:</B> Sunday, July 21, 2002 5:59 PM</DIV>
  <DIV><B>Subject:</B> Re: [CANSLIM] Cognizent Technology =
Solutions</DIV></DIV>
  <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Tom: Take =
another look.=20
  Wasn't the right side of the cup completed on June 28th, followed by a =
2 1/2=20
  week handle, then the breakout on July 16? <BR><BR>Charley</FONT>=20
</FONT></BLOCKQUOTE></BODY></HTML>

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