Go to Jeff Salisbury LWGate Home Page.From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] FCBP
Date: Wed, 6 Nov 2002 11:05:44 -0600
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It looks like it is forming a handle, with a pivot point around $31.89, but
I think for a double bottom, or W pattern, the second dip is supposed to
undercut the first one.
This is a stock that is on my watch list, for the reasons you outlined.
Anyone else?
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
"Kelly Short"
<kelly.short@fw.us.neo To: canslim@lists.xmission.com
ris.com> cc:
Sent by: Subject: [CANSLIM] FCBP
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11/06/2002 10:45 AM
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canslim
Noticed FCBP appears to be making a double bottom (opinions?) and has
decent fundamentals (Last QTR Sales up 114%, Prior QTR EPS up 38%, Mgmt
owns 35%). Volume appears to be picking up substantially over the past two
days. What are the rules for buying double bottoms? Do they form a handle
or do you purchase at the pivot the first time it hits? Also, FCBP is about
to break a 2 Year price high of $32.
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