RE: [CANSLIM] CECO and COCO

From: "Kelly Short" <kelly.short@fw.us.neoris.com>
Subject: RE: [CANSLIM] CECO and COCO
Date: Tue, 22 Oct 2002 10:26:48 -0500
Next Article (by Subject): RE: [CANSLIM] CECO and COCO "David Taggart"
Previous Article (by Subject): [CANSLIM] CECO and COCO part 2 michael_niemotka@baxter.com
Next in Thread: RE: [CANSLIM] CECO and COCO "David Taggart"
Articles sorted by: [Date] [Author] [Subject]
This is a multi-part message in MIME format.

- ------_=_NextPart_001_01C279DF.7044DDBC
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

"momo"? Momentum stocks?

- -----Original Message-----
From: David Taggart [mailto:dctag@mavericktrading.com]
Sent: Tuesday, October 22, 2002 9:41 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] CECO and COCO


Another thing is that whenever a bunch of the momo stocks gap I tighten =
my stop on anything else I do have because they usually move before the =
rest of the market.  This is one concept that worked great in the bull =
market and actually still works pretty good now. =20
=20
David Taggart

- -----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of David Taggart
Sent: Tuesday, October 22, 2002 8:38 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] CECO and COCO


I never sell when it gaps.  When LU gapped against me in July 2000 I =
just kept it I should be in the money by 2050.
=20
I am entirely joking I have never owned LU and I always sell at gaps.  =
If it breaks its 10 min low the morning after I am out.  I might re =
enter for a day trade if it looks like it will fill in the gap but as =
far as my position trades I am out if it gaps.  Far too often (like just =
about always) it is just the beginning of things to come.
=20
David Taggart

- -----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Tuesday, October 22, 2002 8:20 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] CECO and COCO


Hi Mike,
=20
I never like a chart with an inexplicable gap down, even if action just =
after the gap looks as though the stock is recovering. I call it the =
"IRF Sell Rule." At one time I had a decent gain in IRF and the stock =
was bucking an otherwise iffy market. One day it just gapped down. No =
news, no downgrades, nothing. It recovered a bit the next day and I =
sold. Sure enough about a week later it took a big plunge on earnings =
disappointment and a lousy market backdrop. Whew....managed to lock in =
the gains *and* avoided a big loss.
=20
See marked charts on CECO and COCO at:
http://WallStreet-LLC.com/canslim/CECO102102.JPG
http://WallStreet-LLC.com/canslim/COCO102102.JPG
=20
Katherine

- ----- Original Message -----=20
From: michael_niemotka@baxter.com=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, October 22, 2002 8:46 AM
Subject: [CANSLIM] CECO and COCO

Yikes!

Can someone please explain what is happening to these stocks that have
broken out, and stayed above the pivot, but now have crashed hard?  Only
thing I can find is that a number of places downgraded CECO even though
they announced that they beat there numbers for the 3rd quarter.  Was =
there
anything in the charts that would suggest this happening?

It is this type of swing that makes me sometimes want to just stuff the
mattress rather than investing in stocks......

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.


  _____ =20

For your protection, this e-mail message has been scanned for viruses.=20

Visit us at http://www.neoris.com/=20

  _____ =20





- ------_=_NextPart_001_01C279DF.7044DDBC
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=3D"Content-Type" CONTENT=3D"text/html; =
charset=3Diso-8859-1">


<META content=3D"MSHTML 5.50.4916.2300" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D564362615-22102002><FONT face=3DArial color=3D#0000ff =

size=3D2>"momo"? Momentum stocks?</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B> David Taggart=20
  [mailto:dctag@mavericktrading.com]<BR><B>Sent:</B> Tuesday, October =
22, 2002=20
  9:41 AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> =
RE:=20
  [CANSLIM] CECO and COCO<BR><BR></FONT></DIV>
  <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
  class=3D672433914-22102002>Another thing is that whenever a bunch of =
the momo=20
  stocks gap I tighten my stop on anything else I do have because they =
usually=20
  move before the rest of the market.&nbsp; This is one concept that =
worked=20
  great in the bull market and actually still works pretty good =
now.&nbsp;=20
  </SPAN></FONT></DIV>
  <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
  class=3D672433914-22102002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
  class=3D672433914-22102002>David Taggart</SPAN></FONT></DIV>
  <BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
    <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
    size=3D2>-----Original Message-----<BR><B>From:</B>=20
    owner-canslim@lists.xmission.com=20
    [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>David=20
    Taggart<BR><B>Sent:</B> Tuesday, October 22, 2002 8:38 =
AM<BR><B>To:</B>=20
    canslim@lists.xmission.com<BR><B>Subject:</B> RE: [CANSLIM] CECO and =

    COCO<BR><BR></FONT></DIV>
    <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D853493314-22102002>I=20
    never sell when it gaps.&nbsp; When LU gapped against me in July =
2000 I just=20
    kept it I should be in the money by 2050.</SPAN></FONT></DIV>
    <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
    class=3D853493314-22102002></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D853493314-22102002>I=20
    am entirely joking I have never owned LU and I always sell at =
gaps.&nbsp; If=20
    it breaks its 10 min low the morning after I am out.&nbsp; I might =
re enter=20
    for a day trade if it looks like it will fill in the gap but as far =
as my=20
    position trades I am out if it gaps.&nbsp; Far too often (like just =
about=20
    always) it is just the beginning of things to =
come.</SPAN></FONT></DIV>
    <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
    class=3D853493314-22102002></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
    class=3D853493314-22102002>David Taggart</SPAN></FONT></DIV>
    <BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
      <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
      size=3D2>-----Original Message-----<BR><B>From:</B>=20
      owner-canslim@lists.xmission.com=20
      [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of =
</B>Katherine=20
      Malm<BR><B>Sent:</B> Tuesday, October 22, 2002 8:20 =
AM<BR><B>To:</B>=20
      canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] CECO =
and=20
      COCO<BR><BR></FONT></DIV>
      <DIV>Hi Mike,</DIV>
      <DIV>&nbsp;</DIV>
      <DIV>I never like a chart with an inexplicable gap down, even if =
action=20
      just after the gap looks as though the stock is recovering. I call =
it the=20
      "IRF Sell Rule." At one time I had a decent gain in IRF and the =
stock was=20
      bucking an otherwise iffy market. One day it just gapped down. No =
news, no=20
      downgrades, nothing. It recovered a bit the next day and I sold. =
Sure=20
      enough about a week later it took a big plunge on earnings =
disappointment=20
      and a lousy market backdrop. Whew....managed to lock in the gains =
*and*=20
      avoided a big loss.</DIV>
      <DIV>&nbsp;</DIV>
      <DIV>See marked charts on CECO and COCO at:</DIV>
      <DIV><A=20
      =
href=3D"http://WallStreet-LLC.com/canslim/CECO102102.JPG">http://WallStre=
et-LLC.com/canslim/CECO102102.JPG</A></DIV>
      <DIV><A=20
      =
href=3D"http://WallStreet-LLC.com/canslim/COCO102102.JPG">http://WallStre=
et-LLC.com/canslim/COCO102102.JPG</A></DIV>
      <DIV>&nbsp;</DIV>
      <DIV>Katherine</DIV>
      <BLOCKQUOTE=20
      style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        <DIV style=3D"FONT: 10pt arial">----- Original Message ----- =
</DIV>
        <DIV=20
        style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
        <A title=3Dmichael_niemotka@baxter.com=20
        =
href=3D"mailto:michael_niemotka@baxter.com">michael_niemotka@baxter.com</=
A>=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
        title=3Dcanslim@lists.xmission.com=20
        =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, October =
22, 2002=20
        8:46 AM</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] CECO =
and=20
        COCO</DIV>
        <DIV><BR></DIV>Yikes!<BR><BR>Can someone please explain what is=20
        happening to these stocks that have<BR>broken out, and stayed =
above the=20
        pivot, but now have crashed hard?&nbsp; Only<BR>thing I can find =
is that=20
        a number of places downgraded CECO even though<BR>they announced =
that=20
        they beat there numbers for the 3rd quarter.&nbsp; Was =
there<BR>anything=20
        in the charts that would suggest this happening?<BR><BR>It is =
this type=20
        of swing that makes me sometimes want to just stuff =
the<BR>mattress=20
        rather than investing in stocks......<BR><BR>Mike Niemotka , =
PE<BR>Sr.=20
        Principal Engineer<BR>Baxter Healthcare Corporation<BR>Route 120 =
&amp;=20
        Wilson Road<BR>Round Lake, IL 60073<BR>Tel (847) 270-4075<BR>Fax =
(847)=20
        270-4525<BR><A=20
        =
href=3D"mailto:michael_niemotka@baxter.com">michael_niemotka@baxter.com</=
A><BR><BR><BR><BR>-<BR>-To=20
        subscribe/unsubscribe, email "<A=20
        =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
=20
        the email body, write "subscribe canslim" or<BR>-"unsubscribe=20
        canslim".&nbsp; Do not use quotes in your=20
    email.<BR></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE>
  <HR>
  For your protection, this e-mail message has been scanned for viruses. =

  <P>Visit us at <A =
href=3D"http://www.neoris.com/">http://www.neoris.com/</A>=20
  <HR>

  <P></P></BLOCKQUOTE></BODY></HTML>

- ------_=_NextPart_001_01C279DF.7044DDBC--

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.
Go to Jeff Salisbury LWGate Home Page.