Go to Jeff Salisbury LWGate Home Page.From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] OVTI
Date: Mon, 03 Mar 2003 19:35:54 -0800
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I don't have an IBD in front of me, but ... if OVTI has an RS between 10 and 30, something has gone terribly wrong. Personally, I would not buy it here with such a steep 1-month rise to reach its old high (in fact, a short near $20 with a very tight stop offers compelling risk/reward for a short-term trade). However, the stock has done remarkably well all year, albeit in a volatile fashion.
Ian
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Saturday, March 01, 2003 3:01 PM
Subject: Re: [CANSLIM] OVTI
Eric, with RS ranging from 10 to 30, and the charts that they each have, I would call this bottom fishing rather than CANSLIM.
----- Original Message -----
From: Eric Jaenike
To: canslim@lists.xmission.com
Sent: Friday, February 28, 2003 2:52 PM
Subject: Re: [CANSLIM] OVTI
Notable strength and resistance clearing in SMH, IDTI, SMTC.
"Edward W. Gjertsen II" <ed@macktracks.com> wrote:
Any comments on OVTI?
Ed Gjertsen II
ed@macktracks.com
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-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Spencer48@aol.com
Sent: Friday, February 28, 2003 1:35 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] AMI
Tom:
Thanks. That's a very good point (I wonder if the word"former" in
all
literature has ever had such significance)!
jans
In a message dated 2/27/2003 10:01:46 PM Eastern Standard Time,
stkguru@bellsouth.net writes:
<< You should also note that there is a very RED flag screaming right in
front
of the word "Former". >>
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<DIV><FONT size=2>I don't have an IBD in front of me, but ... if OVTI has an RS
between 10 and 30, something has gone terribly wrong. Personally, I would not
buy it here with such a steep 1-month rise to reach its old high (in fact, a
short near $20 with a very tight stop offers compelling risk/reward for a
short-term trade). However, the stock has done remarkably well all year, albeit
in a volatile fashion.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:stkguru@bellsouth.net" title=stkguru@bellsouth.net>Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, March 01, 2003 3:01
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] OVTI</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>Eric, with RS ranging from 10 to 30, and the charts that
they each have, I would call this bottom fishing rather than
CANSLIM.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:ericjaenike@yahoo.com" title=ericjaenike@yahoo.com>Eric
Jaenike</A> </DIV>
<DIV><B>To:</B> <A href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV><B>Sent:</B> Friday, February 28, 2003 2:52 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] OVTI</DIV></DIV>
<DIV><BR></DIV>
<P>Notable strength and resistance clearing in SMH, IDTI, SMTC.
<P> <B><I>"Edward W. Gjertsen II" <<A
href="mailto:ed@macktracks.com">ed@macktracks.com</A>></I></B> wrote:
<BLOCKQUOTE
style="BORDER-LEFT: #1010ff 2px solid; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">Any
comments on OVTI?<BR><BR><BR>Ed Gjertsen II<BR><A
href="mailto:ed@macktracks.com">ed@macktracks.com</A><BR><BR><BR>Confidentiality
Notice: This e-mail message, including any attachments,<BR>is for the sole
use of the intended recipient(s) and may contain<BR>confidential and
privileged information. Any unauthorized review, use,<BR>disclosure or
distribution is prohibited. If you are not the intended<BR>recipient, please
contact the sender by reply e-mail and destroy all<BR>copies of the original
message.<BR><BR><BR>-----Original Message-----<BR>From:
owner-canslim@lists.xmission.com<BR>[mailto:owner-canslim@lists.xmission.com]
On Behalf Of Spencer48@aol.com<BR>Sent: Friday, February 28, 2003 1:35
PM<BR>To: canslim@lists.xmission.com<BR>Subject: Re: [CANSLIM]
AMI<BR><BR>Tom:<BR><BR>Thanks. That's a very good point (I wonder if the
word"former" in<BR>all <BR>literature has ever had such
significance)!<BR><BR>jans<BR><BR><BR>In a message dated 2/27/2003 10:01:46
PM Eastern Standard Time, <BR>stkguru@bellsouth.net writes:<BR><BR><<
You should also note that there is a very RED flag screaming right
in<BR>front<BR>of the word "Former". >><BR><BR>-<BR>-To
subscribe/unsubscribe, email "majordomo@xmission.com"<BR>-In the email body,
write "subscribe canslim" or<BR>-"unsubscribe canslim". Do not use quotes in
your email.<BR><BR><BR>-<BR>-To subscribe/unsubscribe, email
"majordomo@xmission.com"<BR>-In the email body, write "subscribe canslim"
or<BR>-"unsubscribe canslim". Do not use quotes in your email.</BLOCKQUOTE>
<P><BR>
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