Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] NBTY
Date: Wed, 8 Jan 2003 00:23:23 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0076_01C2B6AC.27767520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Morris,=20 I haven't looked at Katherine's chart yet (don't want to give her the = chance to change my mind first). What I see is that the move in Nov '02 = formed the right side of the cup (thus, not a b/o) which is where you = want to see some volume. The move yesterday would be the b/o, as it = surpassed the high point of the handle on nearly 2X ADV. The past five = weeks built a decent handle, and on decreasing volume, again where you = want to see the volume drying up. Now I will go look at Katherine's chart, and be prepared to eat some = humble pie for dinner!! - ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 07, 2003 2:36 PM Subject: RE: [CANSLIM] NBTY Hi Morris, The work NBTY did in November of '02 was too low in the base for the = subsequent move up to be considered a valid breakout. The midpoint of = the "handle" at that time was below the midpoint of the base and also = below the 200 day MA. See my annotated chart to see the cup and handle = base and the breakout yesterday, 1/6: http://www.cwhcharts.com/katherine/NBTY010703.JPG Katherine -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of E2moskow@aol.com Sent: Tuesday, January 07, 2003 11:34 AM To: canslim@lists.xmission.com Subject: [CANSLIM] NBTY Am I reading this chart right. There was a break out at the end of = November. and it formed a handle and has been going up on increased = volume.=20 Morris Moskowitz - ------=_NextPart_000_0076_01C2B6AC.27767520 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>Hi Morris, </FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>I haven't looked at Katherine's chart yet (don't = want to=20 give her the chance to change my mind first). What I see is that the = move in Nov=20 '02 formed the right side of the cup (thus, not a b/o) which is where = you want=20 to see some volume. The move yesterday would be the b/o, as it surpassed = the=20 high point of the handle on nearly 2X ADV. The past five weeks built a = decent=20 handle, and on decreasing volume, again where you want to see the volume = drying=20 up.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>Now I will go look at Katherine's chart, and be = prepared=20 to eat some humble pie for dinner!!</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> Tuesday, January 07, 2003 2:36 PM</DIV> <DIV><B>Subject:</B> RE: [CANSLIM] NBTY</DIV></DIV> <DIV><BR></DIV> <DIV><SPAN class=3D914013419-07012003>Hi Morris,</SPAN></DIV> <DIV><SPAN class=3D914013419-07012003></SPAN> </DIV> <DIV><SPAN class=3D914013419-07012003>The work NBTY did in November of = '02 was too=20 low in the base for the subsequent move up to be considered a valid = breakout.=20 The midpoint of the "handle" at that time was below the midpoint of the = base and=20 also below the 200 day MA. See my annotated chart to see the cup and = handle base=20 and the breakout yesterday, 1/6:</SPAN></DIV> <DIV><SPAN class=3D914013419-07012003></SPAN> </DIV> <DIV><SPAN class=3D914013419-07012003><A=20 href=3D"http://www.cwhcharts.com/katherine/NBTY010703.JPG">http://www.cwh= charts.com/katherine/NBTY010703.JPG</A></SPAN></DIV> <DIV><SPAN class=3D914013419-07012003></SPAN> </DIV> <DIV><SPAN class=3D914013419-07012003>Katherine</SPAN></DIV> <BLOCKQUOTE> <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT = face=3DTahoma=20 size=3D2>-----Original Message-----<BR><B>From:</B>=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20 </B>E2moskow@aol.com<BR><B>Sent:</B> Tuesday, January 07, 2003 11:34=20 AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> = [CANSLIM]=20 NBTY<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT = size=3D2>Am I reading=20 this chart right. There was a break out at the end of November. = and it=20 formed a handle and has been going up on increased volume. <BR>Morris=20 Moskowitz</FONT> </FONT></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0076_01C2B6AC.27767520-- - - - -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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