Re: [CANSLIM] DLX

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] DLX
Date: Fri, 6 Sep 2002 22:34:08 -0400

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Hi Norman,

From Sept 2000 thru Mar 2002, DLX was a near textbook LLUR chart, despite
its lack of forecasted growth either on sales or earnings. Now, just as
then, I could find no justification for its steady progress. Maybe seen as a
safe haven in turbulent times and poor "M", I guess, with steady (but not
exciting) growth.

- ----- Original Message -----
From: "Norman" <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Friday, September 06, 2002 9:21 PM
Subject: [CANSLIM] DLX


As I sit here waiting to see if TS Fay will be a hurricane before it hits us
tomorrow, I'm hoping to not need my *check* book.  And then right here on my
computer appeared this unassuming little chart of DLX (the personal check
makers).

Good looking chart with the typical July *V* bottom cup.  The right side has
some decent vol (for a company with such boring and less-than-impressive
fundamentals) and the handle is on lower vol and not dipping too much (I
hate when they do that!).  And the tight trading range will make it much
easier to hold onto for those holding.  Investors.com has it #1 in it's
group (sounds like a dialog from M*A*S*H: "the best ballet dancer in
Galveston"<G>).  I wouldn't think, with consumer confidence low, that checks
would be in great demand.

Anyway, anyone else see this one?  Any thoughts?

Norm


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