Re: [CANSLIM] CSTR upward wedging handle

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CSTR upward wedging handle
Date: Thu, 15 Aug 2002 21:34:28 -0400
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just always have. if you have a level handle, then the high point of the
handle is clear, and buying just over that when volume kicks in is usually
not that much higher than the average price of the handle itself.  When the
handle declines in price, and you have to wait for the high point to be
exceeded, I (being a cheapskate and greedy both) tend to look back and say
"well, if I had bought just as the handle's decline reversed and bought
there, I would own it so much cheaper".  I don't have this temptation in a
flat handle.

- ----- Original Message -----
From: "david frank" <camelot.homes@charter.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 15, 2002 9:38 PM
Subject: Re: [CANSLIM] CSTR upward wedging handle


Tom, i am curious why you prefer a straight or wedging handle over a
downward drifting handle. thank you for your answer. david
- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, August 14, 2002 11:54 PM
Subject: Re: [CANSLIM] CSTR upward wedging handle


> John, personally I prefer a wedging handle like this to a declining one
> (which WON prefers). I note it did something similar with the c&h formed
> from early Sept '01 to early Jan '02.
>
> Nice pick, with very nice earnings forecasts
>
> ----- Original Message -----
> From: "John Calkins" <jcalkins@olypen.com>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, August 15, 2002 12:34 AM
> Subject: [CANSLIM] CSTR upward wedging handle
>
>
> Hay you guys!  Get a handle on this one for me.
>
> Coinstar (CSTR) turned up as a cup with handle.  Does there need to be a
> downward slant to the bottom lows in the handle to make a better handle?
I
> see that the upper daily prices are slanting downward, but the lower daily
> prices creates a bit of a wedging pattern, any thought on this?  Also I
> don't really see much of a dry up in volume in the bottom of the ups base.
>
> (JC)
>
>
> ----- Original Message -----
> From: "Katherine Malm" <kmalm@earthlink.net>
> To: <canslim@lists.xmission.com>
> Sent: Wednesday, August 14, 2002 9:19 PM
> Subject: Re: [CANSLIM] Mandatory CEO/CFO certifications deadline
>
>
> > Hi Tom,
> >
> > Not sure where the discrepancies coming from, but Briefing.com was
> tracking
> > the progress on this all day. Here is the day's final report:
> >
> >       20:19 ET   The final 6
> >      We count only 6 companies that did not appear to make the deadline
> for
> > certifying results: RKY, GMST, HUBG, BPOP, PRU, and ZION (USAI, SRP,
SON,
> > and ALK were removed from this list). We would caution against
> overreacting
> > to this list, as it is possible that certifications did arrive at the
SEC
> > but did not get filed at this time, or that the companies might have
asked
> > for a 5 day extension.
> >
> >
> > Note that they were counting only non-bankrupt companies.
> >
> > Katherine
> >
> > ----- Original Message -----
> > From: "Tom Worley" <stkguru@bellsouth.net>
> > To: "CANSLIM" <canslim@lists.xmission.com>
> > Sent: Wednesday, August 14, 2002 11:12 PM
> > Subject: [CANSLIM] Mandatory CEO/CFO certifications deadline
> >
> >
> > | The SEC website at http://www.sec.gov/rules/extra/ceocfo.htm makes for
> > | interesting reading tonight, for what is not there.  While there are
> about
> > | 200 companies whose fiscal year means they did not have to report by
> this
> > | evening, the website still shows (updated at 10 PM) a lot of big names
> > that
> > | were expected to report by now, and haven't.  I am not even thru the
> "A"s
> > | yet, and already see Abbot Labs and AOL, among others.
> > |
> > | A lot of energy companies still haven't reported, probably the next
> > industry
> > | sector to get racked by scandals, restatements, etc. (like it hasn't
> > | already, but could get worse).
> > |
> > | Bank of NY leads off the "B"s, followed by Bristol Myers. Caterpillar
> (in
> > | the DOW 30) and Chas Schwab headline the "C"s, along with Coca Cola
> (also
> > in
> > | the DOW). General Dynamics pops up in the "G"s, and has good company
> with
> > GM
> > | (3rd one I saw in the DOW 30, 10% ain't good) and I don't know if I
have
> > the
> > | stomach to keep reading. Knew I should have stopped, IBM pops up in
the
> > "I"s
> > | (4 for the DOW), followed by Kellogg, and Metlife. TRW and UPS finally
> > round
> > | out the list.
> > |
> > | I just hope a lot of these "blue chip", reputable companies just filed
> too
> > | late to have it show on the site, but a 10 PM update seems late enough
> to
> > | pick up anyone filing by the 5:30 deadline. Any hope the SEC got their
> > | deadlines wrong? Maybe they "just forgot"?? If the non-filers are
> punished
> > | tomorrow for not filing, it looks to be pretty bloody. Anyone trying
to
> > | understand an otherwise inexplicable drop tomorrow in a particular
stock
> > may
> > | want to check on the filing status. I found that right clicking on the
> > list
> > | allowed me to export it to Excel, where I could sort on the deadline
and
> > | next columns, and find the non filers quite easily for review.
> > |
> > | In all, 238 companies (including, of course the "no surprise" no shows
> > like
> > | Enron and Conseco and Worldcom and Qwest and US Airways) that were
> > expected
> > | to file by today still do not show on the SEC list.
> > |
> > | Tom Worley
> > | stkguru@bellsouth.net
> > | AIM: TexWorley
> > |
> > |
> > |
> > | -
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