Re: [CANSLIM] CACI (CAI)

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CACI (CAI)
Date: Sat, 24 Aug 2002 18:23:53 -0400

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so far, looks like "b" is the right choice, with volume declining. But I =
am still rooting for "e"

- ----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, August 20, 2002 7:20 PM
Subject: [CANSLIM] CACI (CAI)


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.=20
What is the most logical next move?=20
a). It is gathering steam for a sharp upward move.=20
b). It will now form a handle.=20
c). The chain is broken and it will move to a new low, or will begin to =
move sideways.=20
d). None of the above.=20
e). Put on a straw hat, pick up a cane, and sing, "Yes sir, she's my =
baby."=20

Charley=20

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<DIV><FONT face=3DArial>so far, looks like "b" is the right choice, with =
volume=20
declining. But I am still rooting for "e"</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3DChazmoore@aol.com =
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Tuesday, August 20, 2002 7:20 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] CACI (CAI)</DIV></DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>I have been =
watching this=20
technology systems company form a near perfect double bottom. On April =
17th it=20
hit a high of $40.63 and then dropped to a low of $27.43 on May 2nd, =
climbed=20
back to $38.54 on June 28th and then returned to a new low of $27.45 on =
August=20
5th. Yesterday it jumped up to $38.20 on volume equal to 148% of =
average, and=20
seemed ready to blast out today. Instead, it dropped $1.20 on below =
average=20
volume. <BR>What is the most logical next move? <BR>a). It is gathering =
steam=20
for a sharp upward move. <BR>b). It will now form a handle. <BR>c). The =
chain is=20
broken and it will move to a new low, or will begin to move sideways. =
<BR>d).=20
None of the above. <BR>e). Put on a straw hat, pick up a cane, and sing, =
"Yes=20
sir, she's my baby." <BR><BR>Charley</FONT> </FONT></BODY></HTML>

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