Re: [CANSLIM] sell rules

From: david rossing <pimpdaddycueball@yahoo.com>
Subject: Re: [CANSLIM] sell rules
Date: Wed, 21 Aug 2002 10:41:45 -0700 (PDT)

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Seeing as people are starting to discuss this, I have a stock example
that I'm curious about.  JCOM broke out of a kind of short base with a
short handle in late June.  Since then it's had a good increase.  The
part I'm trying to figure out is that most of it's big gains are
followed by high volume down days.  Does this not matter if the down
volume is less than the previous up volume?  In particular, I was
wondering what people would've thought around Aug 5, when a big up day
was followed by several high volume downs.  In retrospect (IBDspect?),
it wasn't a bad thing and the gains have continued.

I'd also be interested in any other sell signal examples, right and
wrong, current and old, that people might be able to offer.  Thanks.

Dave


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