Re: [CANSLIM] IBD question

From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] IBD question
Date: Thu, 17 Oct 2002 15:09:47 -0500

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Katherine,

Thanks for the help.    Sometimes interpreting these patterns seems to
allow for a LOT of leeway....I know the charts won't be perfect, but
sometimes it seems like there is a lot of liberty taken for how much up and
down action is allowed within the cup.

Also, I would be interested to hear your thoughts on my watchlist/portfolio
question

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


                                                                                                                            
                    "Katherine Malm"                                                                                        
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                    owner-canslim@lists.xm        Subject:     Re: [CANSLIM] IBD question                                   
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                    10/17/2002 01:12 PM                                                                                     
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Hi Mike,

I've marked a chart to show the pivot and formation on UNH at:

http://WallStreet-LLC.com/canslim/UNH101602.JPG

Katherine
 ----- Original Message -----
 From: michael_niemotka@baxter.com
 To: canslim@lists.xmission.com
 Sent: Thursday, October 17, 2002 11:35 AM
 Subject: [CANSLIM] IBD question

 In today's IBD , in the real most active, they talk about UNH and how is
 closed just below the $97.99 pivot point, but looking at the daily graph,
 I
 don't see a day where it had a high of $97.89 and I am hard pressed to
 call
 it anything but a flat base.  Any thoughts?


 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



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