Re: [CANSLIM] COCO

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] COCO
Date: Thu, 29 Aug 2002 09:20:28 -0500

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Hi Mike,

I too have been watching this one, for fun only.  Didn't care for the "V"
cup but the action is interesting, and they reported well.  Looks like it
has penetrated a significant resistance area around 34.5-35, on good vol.
If I was holding with 10% I wouldn't let go just yet because of that
penetration.  It looks a little like an LLUR that was hit by the late July
sell-off that got 'bout everyone.  If it resumes that trend then, just
eye-balling the chart, looks like about 37 is the near-term top of the
channel.

My $0.02.  Good luck with it.

Norm
- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 29, 2002 8:57 AM
Subject: [CANSLIM] COCO


> Hello group,
>
> Okay, so now I am watching COCO start to rise again, after I bought it a
> while back on what I thought was a breakout (on 6/24), and broke the 8%
> sale rule when it dropped like the rest of the market in July (I KNOW I
> KNOW, I NEED to follow the rules, no questions asked....but that is why I
> still consider myself a beginner!)
>
> Financial look strong, chart looks like it is breaking out of a newly
> formed cwh  ( I KNOW I should have been out long before it went thru that
> correction), so what does everyone have to say?
>
> Right now I am up 10%.  With M now looking like it may dip again, do I
lock
> in some if this type of profit, or check for the next few days to see if
> the new run is strong?
>
> Thanks in advance
>
> Mike
>
>
>
> Mike Niemotka , PE
> Sr. Principal Engineer
> Baxter Healthcare Corporation
> Route 120 & Wilson Road
> Round Lake, IL 60073
> Tel (847) 270-4075
> Fax (847) 270-4525
> michael_niemotka@baxter.com
>
>
>
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