Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] COCO
Date: Fri, 20 Sep 2002 22:20:06 -0400
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Mike, to me it just looks like a LLUR that is basing out for a few weeks, considering the poor market and overall bearish trends, just to hold price is encouraging. Four weeks ago it averaged for the week nearly twice ADV. Three weeks ago it averaged ADV. Past two weeks, it did well under ADV and held price. All I take from that is sellers are drying up. Of course, till the buyers have a reason to return in volume, it's also not likely to move higher. - ----- Original Message ----- From: <michael_niemotka@baxter.com> To: <canslim@lists.xmission.com> Sent: Friday, September 20, 2002 3:07 PM Subject: [CANSLIM] COCO Looking at a weekly chart, over the last few weeks it looks like the price /volume action is wedging. Does this mean that it could be a shorting candidate? Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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