Re: [CANSLIM] ANSI

From: "Ann" <annholly@attbi.com>
Subject: Re: [CANSLIM] ANSI
Date: Fri, 16 Aug 2002 21:54:42 -0400
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Thanks, Scott and Charley.
Scott, in what we are calling the handle, don't we see what WON calls =
"tightness" on 8/8, 8/9, and 9/10? That part doesn't seem loose (if that =
is the handle, as Charley suggests it may not be).

I wasn't necessarily going to put this on my watch list, but was =
curious.

Ann
  ----- Original Message -----=20
  From: Chazmoore@aol.com=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, August 16, 2002 9:52 PM
  Subject: Re: [CANSLIM] ANSI


  Ann: You are correct about the larger cup. The left hand lip was at =
$36.75 on January 15, 2002, and the low was $24.00, making the midpoint =
$30.38.=20
  In my opinion, the right hand lip has not formed yet and that is not a =
handle, unless the lip formed Thursday and you are looking at the first =
day of the handle. Why not give it a few days to develop?=20
  The left hand of the cup is always the last high price and you may go =
back nearly a year looking for the last high. If you look at the upper =
right hand corner of the Weekly chart you will find the last 52 week =
high. Normally that will be the left hand lip.=20
  Charley=20

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<DIV><FONT size=3D2>Thanks, Scott and Charley.</FONT></DIV>
<DIV><FONT size=3D2>Scott, in what we are calling the handle, don't we =
see what=20
WON calls "tightness" on 8/8, 8/9, and 9/10? That part doesn't seem =
loose (if=20
that is the handle, as Charley suggests it may not be).</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>I wasn't necessarily going to put this on my watch =
list, but=20
was curious.</FONT></DIV>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT size=3D2>Ann</FONT></DIV>
<BLOCKQUOTE=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=3DChazmoore@aol.com=20
  href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</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> Friday, August 16, 2002 =
9:52=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
ANSI</DIV>
  <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Ann: You =
are correct=20
  about the larger cup. The left hand lip was at $36.75 on January 15, =
2002, and=20
  the low was $24.00, making the midpoint $30.38. <BR>In my opinion, the =
right=20
  hand lip has not formed yet and that is not a handle, unless the lip =
formed=20
  Thursday and you are looking at the first day of the handle. Why not =
give it a=20
  few days to develop? <BR>The left hand of the cup is always the last =
high=20
  price and you may go back nearly a year looking for the last high. If =
you look=20
  at the upper right hand corner of the Weekly chart you will find the =
last 52=20
  week high. Normally that will be the left hand lip. <BR>Charley</FONT> =

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