Go to Jeff Salisbury LWGate Home Page.From: Cwyndham@aol.com
Subject: [CANSLIM] New Member
Date: Thu, 29 Aug 2002 17:35:51 EDT
Next Article (by Author): RE: [CANSLIM] Ernie's Forecasts "David Taggart"
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I'm excited to have found this site. I have been trading options for about 2
years and want to learn about trading stocks. I have a friend that takes the
HGSI newsletter because they appear to have a very unique way of explaining
investing terminology. For example, they originated the term LLUR and the
author has a way of helping me understand. Does this site have a library of
terminology that goes into detail like this example?
_____________________________________
LLUR is short form for Lower Left to Upper Right. If you look at a chart
pattern and it goes straight as an arrow from the lower left hand side of the
page to the upper right hand side, hugging its moving averages you have an
LLUR! Take a look at PETM - Petsmart when it did just that from September of
last year to June of this year, before it finally broke down and paused to
refresh. These are good beasts as you sleep easy as you ride them.
The 405 Freeway (DTL) - Those of us who live out here on the West Coast in
Los Angeles, enjoy riding a nightmare of a Freeway out here in the rush hour
which goes essentially diagonally from Upper Left to Lower Right (ULLR if you
like) as it meanders from Santa Monica in the North Wast to San Diego in the
South East. If you draw a downtrendline (DTL) which connects the highs of a
chart pattern of a stock that has corrected, and the stock then rises to
break upwards through that line, you are buying North of the 405 Freeway - a
healthy situation! I am sure you are none the wiser, but as it so happens I
have just finished a five page discussion on the Case Study you have seen
mentioned on the bb, and if you look at that attachment to that note just put
up, you will see the 405 Freeway depicted on the charts in that study.
Welcome aboard, and good hunting. Regards, Ian.
____________________
Wyndy
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<HTML><FONT FACE=arial,helvetica><FONT SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0">I'm excited to have found this site. I have been trading options for about 2 years and want to learn about trading stocks. I have a friend that takes the HGSI newsletter because they appear to have a very unique way of explaining investing terminology. For example, they originated the term LLUR and the author has a way of helping me understand. Does this site have a library of terminology that goes into detail like this example?<BR>
_____________________________________<BR>
<BR>
LLUR is short form for Lower Left to Upper Right. If you look at a chart pattern and it goes straight as an arrow from the lower left hand side of the page to the upper right hand side, hugging its moving averages you have an LLUR! Take a look at PETM - Petsmart when it did just that from September of last year to June of this year, before it finally broke down and paused to refresh. These are good beasts as you sleep easy as you ride them. <BR>
<BR>
The 405 Freeway (DTL) - Those of us who live out here on the West Coast in Los Angeles, enjoy riding a nightmare of a Freeway out here in the rush hour which goes essentially diagonally from Upper Left to Lower Right (ULLR if you like) as it meanders from Santa Monica in the North Wast to San Diego in the South East. If you draw a downtrendline (DTL) which connects the highs of a chart pattern of a stock that has corrected, and the stock then rises to break upwards through that line, you are buying North of the 405 Freeway - a healthy situation! I am sure you are none the wiser, but as it so happens I have just finished a five page discussion on the Case Study you have seen mentioned on the bb, and if you look at that attachment to that note just put up, you will see the 405 Freeway depicted on the charts in that study. Welcome aboard, and good hunting. Regards, Ian.</FONT><FONT COLOR="#000000" style="BACKGROUND-COLOR: #ffffff" SIZE=3 FAMILY="SANSSERIF" FACE="Arial" LANG="0"> <BR>
<BR>
____________________<BR>
<BR>
Wyndy<BR>
<BR>
<BR>
<BR>
</FONT></HTML>
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