Re: [CANSLIM] CVH handle

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CVH handle
Date: Fri, 16 Aug 2002 22:38:16 -0400

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anything less than two weeks is not a handle in my book. When I do my review
each weekend, I will normally only mention a flat line base that is
beginning to appear if it is at least two weeks long, and then only if it is
well formed. This also depends on the time duration of the overall basing
pattern, as well as "M". If I see a small c&h formed over a 9 or 10 week
period from left rim to present, then a 2 week handle is noteworthy for me.
If I see a deeper c&h formed over six or eight months, then I am more likely
to want a 3-5 week handle, especially if it is initially volatile after
rising the right side of the cup. Bottom line, before I call something a
"handle", I want to see a long enough pattern to become consistent, as well
as have sufficient time for volume to start drying up.

- ----- Original Message -----
From: "Hermann Ertl" <hertl@attglobal.net>
To: <canslim@lists.xmission.com>
Sent: Friday, August 16, 2002 3:01 PM
Subject: Re: [CANSLIM] CVH handle


> From: "Tom Worley" <stkguru@bellsouth.net>
> Date: Thu, 15 Aug 2002 00:57:00 -0400
>
> pattern is too short (one week) to start calling this a handle.




What is the minimum length of a handle?





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