Re: [CANSLIM] DOCC

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] DOCC
Date: Wed, 28 Aug 2002 23:10:52 -0400

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I know of no reason, other than it has been bucking the trend for nearly a
year. I put in a hard stop, was surprised Schwab even accepted it, after
seeing it appear to be weakening at its new highs. My personal rule is that
once I am up 100% or more, I must sell at least half on ANY sign of
weakness. Picked my stop point primarily by the chart as a 15% trailing
would be 13.93, just into the last short base. I figured if it went down
that far, was likely to at least go to the bottom of that base (about 13),
and of course after stopping me out at 14.10 it ran back over 14.85 just to
taunt me. Most of the drop came late in the day, and not on most of the
volume from what I saw.

So by the end of day's close, I looked pretty brilliant even if I was not
feeling that way earlier. My best guess is that the Market Makers were
seeing very few buyers in the last few hours, and were quick to drop the bid
on any kind of pressure. The volume weighed avg price was 13.665 on an avg
trade size of 374 shares, so doesn't appear like institutional holders were
dumping today.

I had grown a little cautious as I was not so impressed with the revenue
growth past two qtrs.

- ----- Original Message -----
From: "Chas" <1440lda@tm.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, August 28, 2002 10:54 PM
Subject: Re: [CANSLIM] DOCC


Tom    When i ran my weekend screen a couple of weeks ago DOCC was on the
list of possibles. Is there any reason for the selloff? Took a quick look at
chart, quite a drop for the trading volume.  Chas
- -----Original Message-----
From: Tom Worley <stkguru@bellsouth.net>
To: CANSLIM <canslim@lists.xmission.com>
Date: Wednesday, August 28, 2002 9:43 AM
Subject: [CANSLIM] DOCC


>I normally don't mention my personal trades, but since this was discussed
>here, wanted to mention I was just stopped out on a hard stop at 14.10.
>Guess I shouldn't complain with the return, but I really wanted to avoid
>short term capital gains taxes.
>
>I also put a hard stop in on EPIQ, I am reluctantly having to use hard
stops
>as I am too busy to keep an eye on the markets.
>
>Tom Worley
>stkguru@bellsouth.net
>AIM: TexWorley
>
>
>
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