RE: [CANSLIM] IBD Weblink

From: "inderjit" <inderjit@adelphia.net>
Subject: RE: [CANSLIM] IBD Weblink
Date: Sat, 12 Oct 2002 10:17:46 -0700

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Mike:

You got a wonderful site with lots of information. I am surprised you
are not charging for all this (at least with the links on this list)



- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Mike Gibbons
Sent: Friday, October 11, 2002 2:15 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] IBD Weblink

Hi Jans,

The point I was trying to make was not about the level at which the
handle
forms (5,15 or 31%), but that they used the 52 week high (back in
January)
as the reference point, rather than the left side of the cup, which was
$19.11 on 3/13.

However, if they had used the left side of the cup as the reference,
then it
was only 8% below the left side, well within the normal range and
therefore
a normal range.

This was how my site saw the cwh as of 10/9, the day before the
breakout.

http://www.cwhcharts.com/charts/cwhchart.php?symbol=APPX&today=2002-10-0
9

Aloha,

Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com




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