Re: [CANSLIM] whi


From: "Don Canfield" <canfieldd@mindspring.com>
Subject: Re: [CANSLIM] whi
Date: Mon, 21 Apr 2003 09:04:00 -0400

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I surely don't have the experience that Tom has, but I wonder....Sell =
signals?  I see a breakout from a base with an expected pull back.  =
Break out was on 4/15 on volume as it took out the July high.  FUndies =
are good, but M is not tended to be kind to breakouts recently, ergo a =
possible explaination for the pullback.    As Tom suggested, a stop at =
about 19, just below the very short "handle" would not be a bad idea.  I =
might even make it 17.5 - 18, below the previous "congestion".  Or at a =
break of the uptrend line marked by the late January and late march =
lows. All depends on your risk tolerance.

Don
  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, April 21, 2003 6:39 AM
  Subject: Re: [CANSLIM] whi


  Welcome to the group, Frank. Fundies look good, I see nothing obvious =
there that would concern me. The past two days of declines were on =
lesser volume than the spike up, but volume was still over ADV. I would =
probably keep a tight stop loss in place around 19, in case the decline =
continues.=20

  ----- Original Message -----=20
  From: Frank Mulack=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, April 21, 2003 1:30 AM
  Subject: [CANSLIM] whi


  Hello,

  I am new to the group and will like to say hi.  I have a position in =
whi ( a canslim stock) and am looking for sell signals.  Does anyone see =
any?

  Frank=20




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<DIV><FONT face=3DArial size=3D2>I surely don't have the experience that =
Tom has,=20
but I wonder....Sell signals?&nbsp; I see a breakout from a base with an =

expected pull back.&nbsp; Break out was on 4/15 on volume as it took out =
the=20
July high.&nbsp; FUndies are good, but M is not tended to be kind to =
breakouts=20
recently,&nbsp;ergo a possible explaination for&nbsp;the=20
pullback.&nbsp;&nbsp;&nbsp; As Tom suggested, a stop at about 19, just =
below the=20
very short "handle" would not be a bad idea.&nbsp; I might even make it =
17.5 -=20
18, below the previous "congestion".&nbsp;&nbsp;Or&nbsp;at a break of =
the=20
uptrend line marked by the late January and&nbsp;late march lows. All =
depends on=20
your risk tolerance.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Don</FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
  Worley</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, April 21, 2003 =
6:39=20
AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
whi</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>Welcome to the group, Frank. Fundies look =
good, I see=20
  nothing obvious there that would concern me. The past two days of =
declines=20
  were on lesser volume than the spike up, but volume was still over =
ADV. I=20
  would probably keep a tight stop loss in place around 19, in case the =
decline=20
  continues. </FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
  <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
  title=3Dfmulack2@yahoo.com href=3D"mailto:fmulack2@yahoo.com">Frank =
Mulack</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, April 21, 2003 1:30 AM</DIV>
  <DIV><B>Subject:</B> [CANSLIM] whi</DIV></DIV>
  <DIV><BR></DIV>
  <DIV>Hello,</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>I am new to the group and will like to say hi.&nbsp; I have a =
position in=20
  whi ( a canslim stock) and am looking for sell =
signals.&nbsp;&nbsp;Does anyone=20
  see any?</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Frank&nbsp;</DIV>
  <P><BR>
  <HR SIZE=3D1>
  Do you Yahoo!?<BR><A=20
  =
href=3D"http://us.rd.yahoo.com/search/mailsig/*http://search.yahoo.com">T=
he New=20
  Yahoo! Search</A> - Faster. Easier. Bingo. </BLOCKQUOTE></BODY></HTML>

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