Re: [CANSLIM] SYMC

From: "Norman Boyd" <theboyd@tisd.net>
Subject: Re: [CANSLIM] SYMC
Date: Fri, 15 Nov 2002 17:43:19 -0600

Next Article (by Author): Re: [CANSLIM] Lawsuits that settle for "undisclosed amounts" "Tom Worley"
Previous Article (by Author): RE: [CANSLIM] Lawsuits that settle for "undisclosed amounts" "Kelly Short"
Articles sorted by: [Date] [Author] [Subject]

Well, Ed, Katherine, Tom, et al. despite what we think about the price-vol
action, someone obviously is making money here (and having fun I might add).
SYMC cleared significant resistance in the $43 area to close at the highest
value in over 2 yrs. (maybe longer but I didn't look).  I guess I'll never
understand these type breakouts.  Below avg vol and straight up!  Maybe it's
because this is the second handle-BO in 3 weeks?  Maybe it just took a
couple of tries to get over the overhead?  I know there is a lesson in this
chart somewhere, I just have to look from a different angle.  Or maybe just
wait a few more trading days and all questions will be resolved:-)

Norm

- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, November 14, 2002 8:47 PM
Subject: Re: [CANSLIM] SYMC


Hi Ed & Norm,

I also don't much like the run up the right side of the cup on light volume
(from about 10/17 to 11/1)... that plus a lack of drying volume at the
bottom of the base and the choppy action Norm mentioned leads me to believe
this one has some more work to do before moving on up.

See an annotated chart at http://WallStreet-LLC.com/canslim/SYMC111402.JPG

Katherine
  ----- Original Message -----
  From: Norman Boyd
  To: canslim@lists.xmission.com
  Sent: Thursday, November 14, 2002 8:30 PM
  Subject: Re: [CANSLIM] SYMC


  After looking tonight it looks like SYMC is coming out of a very steep and
  short handle on below avg vol.  Vol is suspect for a BO.  Next day or 2
will
  be informative.  The action all through the base was very choppy so a
choppy
  handle would not surprise me.

  Norm

  ----- Original Message -----
  From: "Edward W. Gjertsen II" <ed@macktracks.com>
  To: <canslim@lists.xmission.com>
  Sent: Thursday, November 14, 2002 2:03 PM
  Subject: [CANSLIM] SYMC


  > Anyone following SYMC?
  >
  > Ed Gjertsen II
  > ed@macktracks.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.
  >
  >


  -
  -To subscribe/unsubscribe, email "majordomo@xmission.com"
  -In the email body, write "subscribe canslim" or
  -"unsubscribe canslim".  Do not use quotes in your email.




- -
- -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.