Re: [CANSLIM] New Member

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] New Member
Date: Fri, 30 Aug 2002 07:01:27 -0500

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Tom,

There are several members that I know of who are also members of the yahoo
HGS group.  Probably due at least in part to Tim (where is he?) who used to
mention the methodology now and then.  That was where I heard about it.  The
HGS group often discusses the same topic at the same time, or about the same
time, as this group, but they tend to lean more heavily on technical
indicators.

Norm
- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 29, 2002 10:13 PM
Subject: Re: [CANSLIM] New Member


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 -----
From: Cwyndham@aol.com
To: canslim@lists.xmission.com
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.

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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