Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] APOL
Date: Thu, 10 Oct 2002 22:50:48 -0400
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This is a multi-part message in MIME format. - ------=_NextPart_000_00B1_01C270AF.79E936F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sol, the key to a good LLUR chart is that the trend is consistent. If = you look at APOL's chart on a daily basis, it looks a little choppy, = with many ups and downs. So you are tempted to try to time it so you get = in on a brief pullback. But look at its chart on a weekly basis, and the = trend is quite apparent. It really didn't matter, so long as you are = investing for the long term, if you picked it up on a pullback, or as it = hit a new high, so long as you are not going to be upset if you spend a = few days or even weeks with a small loss in case it pulls back = immediately. What you want to focus on is finding the trend line. The 50 dma often = gives you this, but it can be almost any moving average line. For the = short term traders / investors this becomes their entry point, but only = as it it rising from this technical support line. For longer term = investors who dislike ever having even a small loss, this works as well. = The danger of trying to find the perfect entry point is that by the time = it happens, several weeks may have passed, and its already 10 or 20% = higher than when you first started watching it. So even if you had bot = the high, and been patient for those several weeks, you would have been = happy with it. - ----- Original Message -----=20 From: Sol Mayer=20 To: canslim@lists.xmission.com=20 Sent: Thursday, October 10, 2002 10:16 AM Subject: Re: [CANSLIM] APOL Q. where do you get in on a LLUR if you missed the initial BO ? (unless = it sets up another base)=20 Tom Worley wrote:=20 APOL has been carving a rather pretty LLUR chart for nearly 18 months = now. If you look at a weekly chart rather than a daily, it could turn many = day traders into long term investors. ----- Original Message ----- From:=20 To:=20 Sent: Tuesday, October 08, 2002 3:05 PM Subject: [CANSLIM] APOL All, In general, the group to which APOL belongs has been moving up nicely = for a while, until a couple of days ago when DeVry announced it earnings = outlook, but what type of pattern, if any would you say APOL is carving? Thanks Mike 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. - -------------------------------------------------------------------------= - ------- Do you Yahoo!? Faith Hill - Exclusive Performances, Videos, & more faith.yahoo.com - ------=_NextPart_000_00B1_01C270AF.79E936F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Sol, the key to a good LLUR chart is that the = trend is=20 consistent. If you look at APOL's chart on a daily basis, it looks a = little=20 choppy, with many ups and downs. So you are tempted to try to time it so = you get=20 in on a brief pullback. But look at its chart on a weekly basis, and the = trend=20 is quite apparent. It really didn't matter, so long as you are investing = for the=20 long term, if you picked it up on a pullback, or as it hit a new high, = so long=20 as you are not going to be upset if you spend a few days or even weeks = with a=20 small loss in case it pulls back immediately.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>What you want to focus on is finding the trend = line. The=20 50 dma often gives you this, but it can be almost any moving average = line. For=20 the short term traders / investors this becomes their entry point, but = only as=20 it it rising from this technical support line. For longer term investors = who=20 dislike ever having even a small loss, this works as well. The danger of = trying=20 to find the perfect entry point is that by the time it happens, several = weeks=20 may have passed, and its already 10 or 20% higher than when you first = started=20 watching it. So even if you had bot the high, and been patient for those = several=20 weeks, you would have been happy with it.</FONT></DIV> <DIV> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dsmaye1211@yahoo.com href=3D"mailto:smaye1211@yahoo.com">Sol = Mayer</A> </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, October 10, 2002 10:16 AM</DIV> <DIV><B>Subject:</B> Re: [CANSLIM] APOL</DIV></DIV> <DIV><BR></DIV> <P>Q. where do you get in on a LLUR if you missed the initial BO ? = (unless it=20 sets up another base)=20 <P> <B><I>Tom Worley <STKGURU@BELLSOUTH.NET></I></B>wrote:=20 <BLOCKQUOTE=20 style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px = solid">APOL=20 has been carving a rather pretty LLUR chart for nearly 18 months = now.<BR>If=20 you look at a weekly chart rather than a daily, it could turn many=20 day<BR>traders into long term investors.<BR><BR>----- Original Message = -----<BR>From: <MICHAEL_NIEMOTKA@BAXTER.COM><BR>To:=20 <CANSLIM@LISTS.XMISSION.COM><BR>Sent: Tuesday, October 08, 2002 3:05=20 PM<BR>Subject: [CANSLIM] APOL<BR><BR><BR>All,<BR><BR>In general, the = group to=20 which APOL belongs has been moving up nicely for a<BR>while, until a = couple of=20 days ago when DeVry announced it earnings outlook,<BR>but what type of = pattern, if any would you say APOL is=20 carving?<BR><BR>Thanks<BR><BR>Mike<BR><BR><BR>Mike Niemotka , = PE<BR>Sr.=20 Principal Engineer<BR>Baxter Healthcare Corporation<BR>Route 120 & = Wilson=20 Road<BR>Round Lake, IL 60073<BR>Tel (847) 270-4075<BR>Fax (847)=20 270-4525<BR>michael_niemotka@baxter.com<BR><BR><BR><BR>-<BR>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"<BR>-In the email = body,=20 write "subscribe canslim" or<BR>-"unsubscribe canslim". Do not use = quotes in=20 your email.<BR><BR><BR><BR>-<BR>-To subscribe/unsubscribe, email=20 "majordomo@xmission.com"<BR>-In the email body, write "subscribe = canslim"=20 or<BR>-"unsubscribe canslim". Do not use quotes in your = email.</BLOCKQUOTE> <P><BR> <HR SIZE=3D1> Do you Yahoo!?<BR><A href=3D"http://faith.yahoo.com">Faith Hill</A> - = Exclusive=20 Performances, Videos, & more<BR><A=20 href=3D"http://faith.yahoo.com">faith.yahoo.com</A></BODY></HTML> - ------=_NextPart_000_00B1_01C270AF.79E936F0-- - - - -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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