Go to Jeff Salisbury LWGate Home Page.From: Chazmoore@aol.com
Subject: [CANSLIM] CACI (CAI)
Date: Tue, 20 Aug 2002 19:20:57 EDT
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- --part1_18c.cc56a60.2a9428d9_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit I have been watching this technology systems company form a near perfect double bottom. On April 17th it hit a high of $40.63 and then dropped to a low of $27.43 on May 2nd, climbed back to $38.54 on June 28th and then returned to a new low of $27.45 on August 5th. Yesterday it jumped up to $38.20 on volume equal to 148% of average, and seemed ready to blast out today. Instead, it dropped $1.20 on below average volume. What is the most logical next move? a). It is gathering steam for a sharp upward move. b). It will now form a handle. c). The chain is broken and it will move to a new low, or will begin to move sideways. d). None of the above. e). Put on a straw hat, pick up a cane, and sing, "Yes sir, she's my baby." Charley - --part1_18c.cc56a60.2a9428d9_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit <HTML><FONT FACE=arial,helvetica><FONT SIZE=2>I have been watching this technology systems company form a near perfect double bottom. On April 17th it hit a high of $40.63 and then dropped to a low of $27.43 on May 2nd, climbed back to $38.54 on June 28th and then returned to a new low of $27.45 on August 5th. Yesterday it jumped up to $38.20 on volume equal to 148% of average, and seemed ready to blast out today. Instead, it dropped $1.20 on below average volume. <BR>What is the most logical next move? <BR>a). It is gathering steam for a sharp upward move. <BR>b). It will now form a handle. <BR>c). The chain is broken and it will move to a new low, or will begin to move sideways. <BR>d). None of the above. <BR>e). Put on a straw hat, pick up a cane, and sing, "Yes sir, she's my baby." <BR> <BR>Charley</FONT></HTML> - --part1_18c.cc56a60.2a9428d9_boundary-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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