From: "zillagirl" <zillagirl@email.msn.com>
Subject: Re: [CANSLIM] Saucer-shaped Chart?
Date: Sat, 3 Aug 2002 14:36:52 -0700
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This is a multi-part message in MIME format. - ------=_NextPart_000_0060_01C23AFB.358F9600 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom-amy I ask you something-you say the good news is the decline is on = low volumn. Am I right in thinking that when a stock is in a decline = and the volumn starts to dry up , that means the decline is almost = over?? Thanks for your time. nancy ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, August 03, 2002 1:04 PM Subject: Re: [CANSLIM] Saucer-shaped Chart? a saucer is a much flatter pattern. NOBL went from over 15 to under 4, = then back to over 15. Pattern much more of a cup than saucer. The handle = that has formed is weak, as it has gone from over 15 to under 9 in three = months. The good news is that this decline is on low volume. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Saturday, August 03, 2002 3:40 PM Subject: [CANSLIM] Saucer-shaped Chart? To all: In the course of reviewing various automotive stocks, I was = surprised to see that the 3 year Chart of NOBL clearly shows a = completed saucer and handle shaped curve. I hope I'm not seeing = things. As I write this note the IBD Ratings for NOBL are 97, 76, A -,B = and D-, and NOBL has increased their guidance for the remainder of = 2002. I would greatly appreciate someone out there giving me some = feedback about this Chart since it was only a few days ago that I read = the IBD Article about saucer-shaped Charts taking years to form. If = this is one of them, I guess the pivot point is about 2 to 3 months away = months, considering the snails pace of this type of Chart. Please = respond with some constructive criticism. - ------=_NextPart_000_0060_01C23AFB.358F9600 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>Tom-amy I ask you something-you say the = good news=20 is the decline is on low volumn. Am I right in thinking that when = a stock=20 is in a decline and the volumn starts to dry up , that means the decline = is=20 almost over?? Thanks for your time. nancy</FONT></DIV> <BLOCKQUOTE dir=3Dltr=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> Saturday, August 03, 2002 = 1:04=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] = Saucer-shaped=20 Chart?</DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial>a saucer is a much flatter pattern. NOBL went = from over=20 15 to under 4, then back to over 15. Pattern much more of a cup than = saucer.=20 The handle that has formed is weak, as it has gone from over 15 to = under 9 in=20 three months. The good news is that this decline is on low=20 volume.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald = Wallker</A> </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> Saturday, August 03, 2002 3:40 PM</DIV> <DIV><B>Subject:</B> [CANSLIM] Saucer-shaped Chart?</DIV></DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial size=3D2> To all: In the = course of=20 reviewing various automotive stocks, I was surprised to see that the 3 = year=20 Chart of NOBL clearly shows a completed saucer and handle = shaped=20 curve. I hope I'm not seeing things. As I write this = note=20 the IBD Ratings for NOBL are 97, 76, A -,B and D-, and NOBL has = increased=20 their guidance for the remainder of 2002. I would = greatly=20 appreciate someone out there giving me some feedback about this = Chart=20 since it was only a few days ago that I read the=20 IBD Article about saucer-shaped Charts = taking=20 years to form. If this is one of them, I guess the pivot point = is=20 about 2 to 3 months away months, considering the snails pace = of this=20 type of Chart. Please respond with some constructive=20 criticism.</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0060_01C23AFB.358F9600-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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