[CANSLIM] PNRA base criterion

From: "david frank" <camelot.homes@charter.net>
Subject: [CANSLIM] PNRA base criterion
Date: Thu, 5 Sep 2002 14:06:22 -0500

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I found something very interesting in the ASK BILL section of today's =
IBD. It talks about PNRA and its fourth stage base. The interesting part =
of the answer is that the previous CwH base, although 9 weeks long, did =
not really count as a base, because it was shorter in duration and =
shallower; didn't dip closer to to its 200-day moving average, than the =
other 3 bases. Also, spent lesser time under its 50-day moving average =
before climbing again. Thus, they don't count this as a base. Read this, =
and look at both the daily and weekly charts of PNRA. Am I missing =
something here? David

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<DIV><FONT face=3DArial size=3D2>I found something very interesting in =
the ASK BILL=20
section of today's IBD. It talks about PNRA and its fourth stage base. =
The=20
interesting part of the answer is that the previous CwH base, although 9 =
weeks=20
long, did not really count as a base, because it was shorter in=20
duration&nbsp;and shallower; didn't dip closer to to its 200-day moving =
average,=20
than the other 3 bases. Also, spent lesser time under its 50-day moving =
average=20
before climbing again. Thus, they don't count this as a base. Read this, =
and=20
look at both the daily and weekly charts of PNRA. Am I missing something =
here?=20
David</FONT></DIV></BODY></HTML>

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