[CANSLIM] Intraday Prices or Closing Prices?

From: "Gasta, Jeffrey" <Jeff.Gasta@marriott.com>
Subject: [CANSLIM] Intraday Prices or Closing Prices?
Date: Fri, 2 Aug 2002 18:31:42 -0400

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Hello All,

Have been re-reading the chart pattern lessons on Investors.com.  It looks
to me like all measurements are made based upon the absolute high or low
price for a given day or week.  It seems the closing price doesn't come to
play.  Is this a good generalization?  If so, are there instances when the
closing price is significant for some measurements?

Many thanks, jg

Jeffrey Gasta
Telecommunications Engineering
Marriott International
Voice:  301.380.6204
Fax:  301.380.8649
jeff.gasta@marriott.com



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