Re: [CANSLIM] GRMN

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] GRMN
Date: Wed, 4 Dec 2002 00:09:03 -0500

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Mike, the pullback is severe enough that I would consider yesterday's b/o to
have failed, even if it should start to move back up tomorrow. Also, with
year 2002 nearly done, my focus is on what it is expected to do next year,
and that's only an 8% earnings growth. That's just not good enough for me.

- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, December 03, 2002 12:55 PM
Subject: [CANSLIM] GRMN

This is a stock that I had on my watchlist. but was unable to buy into
yesterday because of lack of capital.  I think it broke out of a cup with
no handle with a PP = $24.20. I was hoping that it might pull back a bit
and give me another chance, and it seems to be doing that today.

But does the fact that it is pulling back on higher than average volume
raise any fed flags?  It is still above the pivot.  Does the absolute value
of the volume mean more that the relative volume compared to yesterday's
breakout?

Thanks

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

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