Go to Jeff Salisbury LWGate Home Page.From: "Donald Wallker" <dougald@dmv.com>
Subject: Re: [CANSLIM] Docc
Date: Sat, 27 Jul 2002 09:42:31 -0400
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Charley- Thanks for the feedback. Imade a copy of your reference and =
reviewed it. I thought point C was supposed to be at "about" the =
same level as Point A. Consequently, I don't understan the greater and =
less than math. limits. I can't imagine, for example, that one would =
not believe that a cup had been formed if it so happened that Point C =
greatly exceeded Point A on a heavy volume day. If a handle was then =
formed, I woull\d personally believer that a a cup had also been =
formed. Thus, I believe the accuracy of the math set forth in your Chart =
attachment has to be taken with a grain of salt. It seems to me that if =
the Chart and its Volumetric information were incorporated into an =
analytical software program that was used to check out CANSLIM =
candiadates, it would miss quite a few good investments. Donald
----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 27, 2002 12:44 AM
Subject: Re: [CANSLIM] Docc
Donald: DOCC did not break out of a cup formation. The cup and handle =
formation is defined in the WON books, but may I suggest you take a =
look at this definition and diagram at this site. WON CWH Definition=20
Charley=20
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<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Charley- Thanks for the feedback. Imade =
a copy of=20
your reference and reviewed it. I thought point C was =
supposed to=20
be at "about" the same level as Point A. Consequently, =
I don't=20
understan the greater and less than math. limits. I can't imagine, =
for=20
example, that one would not believe that a cup had been formed if it so =
happened=20
that Point C greatly exceeded Point A on a heavy volume day. If a handle =
was=20
then formed, I woull\d personally believer that a a cup had =
also=20
been formed. Thus, I believe the accuracy of the math set =
forth in=20
your Chart attachment has to be taken with a grain of salt. =
It seems=20
to me that if the Chart and its Volumetric information =
were=20
incorporated into an analytical software program that was used to check =
out=20
CANSLIM candiadates, it would miss quite a few good investments.=20
Donald</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=3DChazmoore@aol.com=20
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</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> Saturday, July 27, 2002 =
12:44=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Docc</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Donald: =
DOCC did not=20
break out of a cup formation. The cup and handle formation is=20
defined in the WON books, but may I suggest you take a =
look at=20
this definition and diagram at this site. <A=20
href=3D"http://www.cwhcharts.com/WON_cwh.htm">WON CWH Definition</A>=20
<BR><BR>Charley</FONT> </FONT></BLOCKQUOTE></BODY></HTML>
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