Re: [CANSLIM] Sometimes even the Pros don't know

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Sometimes even the Pros don't know
Date: Sat, 3 Aug 2002 15:04:34 -0600

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I ran my usual weekend scan, although its hardly worth the time.  8 stocks popped 
up, 3 of the 8 were in this same group, CECO, COCO, and one I had forgotten 
about, APOL.  What was interesting was to view those 3 charts consecutively, you 
can see how strong the group influence is, since they all moved in nearly the exact 
same fashion over the last few weeks - a sharp drop, recovery, and then a fairly 
shop drop on Friday.  I don't know what it means, but it would at least tell you its not 
a company specific thing.

On 3 Aug 2002 at 16:04, Donald Wallker wrote:

> Patrick -- -Thank you for the feedback and the additional information,  As a
> matter of interest I checked out CECO.  I don't think I've seen many IBD
> ratings that are as upbeat  as these (99, 89, A-, A, B+).  When I reviewed
> the chart in noted that it was in the process of forming a cup and had a
> downturn similar to that of  UOPX.  Has anyone recently writtten a negative

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