Go to Jeff Salisbury LWGate Home Page.From: "Donald Wallker" <dougald@dmv.com>
Subject: Re: [CANSLIM] Potential canslim candiadate
Date: Mon, 5 Aug 2002 04:53:39 -0400
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Nicky and Jon ------------Thank you for the feedback. You're both right =
and I'm wrong. .Of course it's the the number of shares bought vs sold. =
Donald
----- Original Message -----=20
From: nicky lawrence=20
To: canslim@lists.xmission.com=20
Sent: Sunday, August 04, 2002 5:35 AM
Subject: Re: [CANSLIM] Potential canslim candiadate
Now I'm intrigued I had never thought of it but saying "almost as many =
sellers as buyers" is not the same as "more shares bought than sold. =
The latter is a valid statement the first is not. I assume the former =
is what is meant when that term is used?
Nicky
Donald,
You stumbled upon a small pet peeve of mine. That is, you state that =
there were "almost as many sellers as buyers" As far as I'm aware, there =
are two sides to every transaction or it would not take place. However, =
you're not alone in this as I commonly read the same thing whenever the =
talk turns to stocks. It may be correct to state that buyers and sellers =
'agreed' on lower or higher prices, but it's incorrect to state that =
there are more than one or the other.....
Jon
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Sunday, August 04, 2002 10:26 AM
Subject: [CANSLIM] Potential canslim candiadate
Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a very =
good, potential, canslim candiadate. Its IBD ratings are: currently 80, =
97, B, C and A+ and its Chart has formed a well defined Cup, between the =
weeks of 5/28/02 and 7/23/02. Interestingly, this past Friday, on seven =
times its normal trading volume it barely moved up. So there were =
almost as many sellers as buyers, which I understand is a strong of a =
future downturn in the stock. Thus I expect the Cup to grow a handle =
this coming week. However, since I am a novice canslimmer I would =
appreciate having some feed back from the group concerning OSTE. --- =
Donald .
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<DIV><FONT face=3DArial size=3D2>Nicky and Jon ------------Thank you for =
the=20
feedback. You're both right and I'm wrong. .Of course it's=20
the the number of shares bought vs sold. =20
Donald</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=3Dnlawrenc@ZIANET.COM =
href=3D"mailto:nlawrenc@ZIANET.COM">nicky=20
lawrence</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, August 04, 2002 =
5:35=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Potential canslim=20
candiadate</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3D"Arial Narrow">Now I'm intrigued I had never =
thought of=20
it but saying "</FONT><FONT face=3DArial size=3D2>almost as many =
sellers as=20
buyers" is not the same as "more shares bought than sold. The =
latter is=20
a valid statement the first is not. I assume</FONT><FONT =
face=3DArial=20
size=3D2> the former is what is meant when that term is=20
used?<BR></DIV></FONT>
<DIV>Nicky</DIV>
<DIV> </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><FONT size=3D2>Donald,</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>You stumbled upon a small pet peeve of mine. =
That is, you=20
state that there were "almost as many sellers as buyers" As far as =
I'm=20
aware, there are two sides to every transaction or it would not take =
place.=20
However, you're not alone in this as I commonly read the same thing =
whenever=20
the talk turns to stocks. It may be correct to state that buyers and =
sellers=20
'agreed' on lower or higher prices, but it's incorrect to state that =
there=20
are more than one or the other.....</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Jon</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=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, August 04, =
2002 10:26=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
Potential canslim=20
candiadate</DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>Lois--- I reviewed Osteotech Inc.(OSTE) and =
believeit to=20
be a very good, potential, canslim candiadate. Its IBD =
ratings are:=20
currently 80, 97, B, C and A+ and its =
Chart has formed a=20
well defined Cup, between the weeks of 5/28/02 and=20
7/23/02. Interestingly, this past Friday, on seven times its =
normal=20
trading volume it barely moved up. So there were almost as =
many=20
sellers as buyers, which I understand is a strong of a future =
downturn in the stock. Thus I expect the Cup to grow a =
handle this=20
coming week. However, since I am a novice canslimmer I would =
appreciate having some feed back from the group=20
concerning OSTE. ---=20
=
Donald .</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQU=
OTE></BODY></HTML>
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