Re: [CANSLIM] PDCO

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] PDCO
Date: Thu, 19 Sep 2002 08:21:32 -0400

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one day doesn't set a trend, Lin. This chart is neither a good c&h nor a =
decent double bottom, and could just as easily fall back to 50 today or =
tomorrow. I see no valid signal for entry, unless you day traded it =
yesterday just on momentum. The beauty of CANSLIM is reading the charts =
to find good setups for entry that enhance the probability of success. I =
don't see that setup here.

- ----- Original Message -----=20
From: Lin Wells=20
To: canslim@lists.xmission.com=20
Sent: Thursday, September 19, 2002 8:02 AM
Subject: [CANSLIM] PDCO




This one never formed a handle and the volume never dried up.  The =
volume on I-watch is nothing but buy.


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<DIV><FONT face=3DArial>one day doesn't set a trend, Lin. This chart is =
neither a=20
good c&amp;h nor a decent double bottom, and could just as easily fall =
back to=20
50 today or tomorrow. I see no valid signal for entry, unless you day =
traded it=20
yesterday just on momentum. The beauty of CANSLIM is reading the charts =
to find=20
good setups for entry that enhance the probability of success. I don't =
see that=20
setup here.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dlinwells1@charter.net href=3D"mailto:linwells1@charter.net">Lin =
Wells</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, September 19, 2002 8:02 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] PDCO</DIV></DIV>
<DIV><BR></DIV>
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<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">This one never formed a =
handle and=20
the volume never dried up.&nbsp; The volume on I-watch is nothing but=20
buy.</SPAN></FONT></P></DIV></BODY></HTML>

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