Re: [CANSLIM] In this trader's market

From: Spencer48@aol.com
Subject: Re: [CANSLIM] In this trader's market
Date: Sun, 19 Jan 2003 13:48:20 EST

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Tom:

     I was reading Kathrine's E-mail on BLUD, and I wondered how do you 
reconcile the concept of WON's late stage bases with trends you denominate as 
LLURs' ?

     I believe you say that LLURs should be in that up-trend for 6 months to 
a year.  So (if that's how you define them), doesn't the concept of "late 
stage bases" negate nearly all LLURs?  

jans




In a message dated 1/16/2003 12:15:53 AM Eastern Standard Time, 
kmalm@earthlink.net writes:

<< I agree with Rolf and Patrick that CANSLIM stocks have a tendency to crash
 and burn when their run is over.
 
 BLUD had several red flags flying going into the breakout 1/14:   
 ...(2) A late stage base:
 http://www.cwhcharts.com/katherine/BLUD011003wkly.JPG....
  >>

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