Re: [CANSLIM] Cup formations


From: "NANCY POLCARO" <ZILLAGIRL@msn.com>
Subject: Re: [CANSLIM] Cup formations
Date: Wed, 14 Aug 2002 14:39:13 -0700

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thanks charley-I'll follow these  daily.  Nancy =20
 =20
- ----- Original Message -----
From: Chazmoore@aol.com
Sent: Wednesday, August 14, 2002 6:30 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Cup formations
 =20
That selloff in July has had the effect of setting "cup" bottoms for seve=
ral stocks that were at new highs prior to that date. If you would like t=
o test your chart reading skills you may want to follow along with the de=
velopment of the right side of the cup, and then with a little luck, a ha=
ndle or two. Watch for the movement of the price line as well as the dail=
y volume. Here are three companies with fairly good fundamentals that app=
ear to be forming cups. PDCO, HSIC, and PETM. There must be several more.=
 =20

I am not suggesting these are "buy" candidates. This is no time to be buy=
ing. =20

Charley =20

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<HTML><BODY STYLE=3D"font:10pt verdana; border:none;"><DIV>thanks charley=
- -I'll follow these&nbsp; daily.&nbsp; Nancy&nbsp;</DIV> <DIV>&nbsp;</DIV>=
 <BLOCKQUOTE style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT:=
 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"F=
ONT: 10pt Arial">----- Original Message -----</DIV> <DIV style=3D"BACKGRO=
UND: #e4e4e4; FONT: 10pt Arial; COLOR: black"><B>From:</B> Chazmoore@aol.=
com</DIV> <DIV style=3D"FONT: 10pt Arial"><B>Sent:</B> Wednesday, August =
14, 2002 6:30 AM</DIV> <DIV style=3D"FONT: 10pt Arial"><B>To:</B> canslim=
@lists.xmission.com</DIV> <DIV style=3D"FONT: 10pt Arial"><B>Subject:</B>=
 [CANSLIM] Cup formations</DIV> <DIV>&nbsp;</DIV><FONT face=3Darial,helve=
tica><FONT size=3D2>That selloff in July has had the effect of setting "c=
up" bottoms for several stocks that were at new highs prior to that date.=
 If you would like to test your chart reading skills you may want to foll=
ow along with the development of the right side of the cup, and then with=
 a little luck, a handle or two. Watch for the movement of the price line=
 as well as the daily volume. Here are three companies with fairly good f=
undamentals that appear to be forming cups. PDCO, HSIC, and PETM. There m=
ust be several more. <BR><BR>I am not suggesting these are "buy" candidat=
es. This is no time to be buying. <BR><BR>Charley</FONT> </BLOCKQUOTE></F=
ONT></BODY></HTML>

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