Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] New Member
Date: Thu, 29 Aug 2002 23:13:54 -0400
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Welcome to the group, Wendy, but I must challenge your belief that HGSI =
"originated" the term LLUR. It has been in use in this group, introduced =
by a former member, for a number of years now. PETM is just one of many =
examples of it that has been discussed here over the years, all clearly =
noted as LLUR patterns.
Guess IBD is not the only outsider stealing material here without =
attribution, altho this is more blatant than IBD.
One member tonight already posted our current list of terms, if you =
missed it, write me privately and I will forward it to you.
Again, welcome, it's a good place to learn CANSLIM. If you have not yet =
read Wm O'Neil's "How To Make Money In Stocks (3rd edition)" then I =
strongly recommend you start with that.
- ----- Original Message -----=20
From: Cwyndham@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Thursday, August 29, 2002 5:35 PM
Subject: [CANSLIM] New Member
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. =20
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.=20
____________________
Wyndy
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<DIV><FONT face=3DArial>Welcome to the group, Wendy, but I must =
challenge your=20
belief that HGSI "originated" the term LLUR. It has been in use in this =
group,=20
introduced by a former member, for a number of years now. PETM is just =
one of=20
many examples of it that has been discussed here over the years, all =
clearly=20
noted as LLUR patterns.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>Guess IBD is not the only outsider stealing =
material here=20
without attribution, altho this is more blatant than IBD.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>One member tonight already posted our current =
list of=20
terms, if you missed it, write me privately and I will forward it to=20
you.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>Again, welcome, it's a good place to learn =
CANSLIM. If you=20
have not yet read Wm O'Neil's "How To Make Money In Stocks (3rd =
edition)" then I=20
strongly recommend you start with that.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3DCwyndham@aol.com =
href=3D"mailto:Cwyndham@aol.com">Cwyndham@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> Thursday, August 29, 2002 5:35 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] New Member</DIV></DIV>
<DIV><FONT face=3DArial></FONT><BR></DIV><FONT =
face=3Darial,helvetica><FONT lang=3D0=20
face=3DArial size=3D2 FAMILY=3D"SANSSERIF">I'm excited to have found =
this site. I have=20
been trading options for about 2 years and want to learn about trading =
stocks. I=20
have a friend that takes the HGSI newsletter because they appear to have =
a very=20
unique way of explaining investing terminology. For example, they =
originated the=20
term LLUR and the author has a way of helping me understand. Does this =
site have=20
a library of terminology that goes into detail like this=20
example?<BR>_____________________________________<BR><BR>LLUR is short =
form for=20
Lower Left to Upper Right. If you look at a chart pattern and it =
goes=20
straight as an arrow from the lower left hand side of the page to the =
upper=20
right hand side, hugging its moving averages you have an LLUR! =
Take a look=20
at PETM - Petsmart when it did just that from September of last year to =
June of=20
this year, before it finally broke down and paused to refresh. =
These are=20
good beasts as you sleep easy as you ride them. <BR><BR>The 405 =
Freeway=20
(DTL) - Those of us who live out here on the West Coast in Los Angeles, =
enjoy=20
riding a nightmare of a Freeway out here in the rush hour which goes =
essentially=20
diagonally from Upper Left to Lower Right (ULLR if you like) as it =
meanders from=20
Santa Monica in the North Wast to San Diego in the South East. If =
you draw=20
a downtrendline (DTL) which connects the highs of a chart pattern of a =
stock=20
that has corrected, and the stock then rises to break upwards through =
that line,=20
you are buying North of the 405 Freeway - a healthy situation! I =
am sure=20
you are none the wiser, but as it so happens I have just finished a five =
page=20
discussion on the Case Study you have seen mentioned on the bb, and if =
you look=20
at that attachment to that note just put up, you will see the 405 =
Freeway=20
depicted on the charts in that study. Welcome aboard, and good=20
hunting. Regards, Ian.</FONT><FONT lang=3D0=20
style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 =
size=3D3=20
FAMILY=3D"SANSSERIF">=20
<BR><BR>  =
; =
&=
nbsp; =20
____________________<BR><BR>Wyndy<BR><BR><BR><BR></FONT></FONT></BODY></H=
TML>
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