Re: [CANSLIM] PCLE


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] PCLE
Date: Thu, 7 Nov 2002 00:13:35 -0500

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Robin, while the May action may have been a b/o of sorts, it was followed by
a correction that undercut the b/o, and threatened the base formed before
that. I would agree with the long c&h pattern, which would now mean the
stock is too extended to buy, but well worth holding onto. Should it return
to the 12-13 level and show more basing, might be a decent second entry
point.

- ----- Original Message -----
From: "Robin Gridley" <gridley02@earthlink.net>
To: "CANSLIM" <canslim@lists.xmission.com>
Sent: Wednesday, November 06, 2002 6:51 PM
Subject: [CANSLIM] PCLE


Looks to me like this one had a strong BO on a nice
Cw/H on good volume. RS and Industry Rank look good,
with good year on year growth... except for the last
quarter.

But I have a question - Is this the second
base this chart has formed in the past 12 months?
I think I see the first one that started in December
'02, ending with a breakout in early May. I'm trying
to get a handle on this keeping track as a stock
forms multiple bases thing.....


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