Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] ROOM Redux
Date: Mon, 6 Jan 2003 19:37:03 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0016_01C2B5BA.FD664E00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable they warned that Q4 revenues will be $270-271 million vs prior guidance = of $283-289 million - ----- Original Message -----=20 From: Katherine Malm=20 To: Canslim@Lists.Xmission.Com=20 Sent: Monday, January 06, 2003 6:22 PM Subject: [CANSLIM] ROOM Redux Hi All, Every now and then a stock will act in a way that reaffirms my belief in = technical analysis. ROOM is a good recent example and one that came up = here for discussion in the last month. At the time the base was = finishing off, it looked as though the it was wedging higher on low = volume. That's enough to make me mark off a chart like that as "flawed = and too risky." ROOM managed to rise for a brief while, but started = failing badly. Today it gapped down. Nice to know this stuff really = works! See the annotated charts at: http://www.cwhcharts.com/katherine/ROOM010603Wedging.JPG http://www.cwhcharts.com/katherine/ROOM010603GapDown.JPG Katherine - ------=_NextPart_000_0016_01C2B5BA.FD664E00 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=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1126" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>they warned that Q4 revenues will be $270-271 = million vs=20 prior guidance of $283-289 million</FONT></DIV> <DIV> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dkmalm@earthlink.net = href=3D"mailto:kmalm@earthlink.net">Katherine Malm</A>=20 </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:Canslim@Lists.Xmission.Com">Canslim@Lists.Xmission.Com</A>= </DIV> <DIV><B>Sent:</B> Monday, January 06, 2003 6:22 PM</DIV> <DIV><B>Subject:</B> [CANSLIM] ROOM Redux</DIV></DIV> <DIV><BR></DIV> <DIV><SPAN class=3D468283117-06012003>Hi All,</SPAN></DIV> <DIV><SPAN class=3D468283117-06012003></SPAN> </DIV> <DIV><SPAN class=3D468283117-06012003>Every now and then a stock = will act in=20 a way that reaffirms my belief in technical analysis. ROOM is a good = recent=20 example and one that came up here for discussion in the last month. At = the time=20 the base was finishing off, it looked as though the it was wedging = higher on low=20 volume. That's enough to make me mark off a chart like that as "flawed = and too=20 risky." ROOM managed to rise for a brief while, but started failing = badly.=20 Today it gapped down. Nice to know this stuff really works!</SPAN></DIV> <DIV><SPAN class=3D468283117-06012003></SPAN> </DIV> <DIV><SPAN class=3D468283117-06012003>See the annotated charts = at:</SPAN></DIV> <DIV><SPAN class=3D468283117-06012003><A=20 href=3D"http://www.cwhcharts.com/katherine/ROOM010603Wedging.JPG">http://= www.cwhcharts.com/katherine/ROOM010603Wedging.JPG</A></SPAN></DIV> <DIV><SPAN class=3D468283117-06012003><A=20 href=3D"http://www.cwhcharts.com/katherine/ROOM010603GapDown.JPG">http://= www.cwhcharts.com/katherine/ROOM010603GapDown.JPG</A></SPAN></DIV> <DIV><SPAN class=3D468283117-06012003></SPAN> </DIV> <DIV><SPAN class=3D468283117-06012003>Katherine</SPAN></DIV> <DIV><SPAN class=3D468283117-06012003></SPAN> </DIV> <DIV><SPAN class=3D468283117-06012003></SPAN> </DIV></BODY></HTML> - ------=_NextPart_000_0016_01C2B5BA.FD664E00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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