Re: [CANSLIM] Upward sloping saucer???


From: Chazmoore@aol.com
Subject: Re: [CANSLIM] Upward sloping saucer???
Date: Wed, 21 May 2003 23:35:17 EDT

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Hi Howard: Sorry but I don't think WON recognizes a sloping saucer. A saucer 
is nothing more than a cup/handle with an extended flat bottom. The left hand 
side of the cup defines the beginning of a formation.
What you are looking at, I believe, is an ascending base. This is a very 
good, healthy formation with constant growth, but without the explosive jump 
we look for in the c/h. In today's market I personally like the ascending 
base.
Hope this helps.
Charley

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<HTML><FONT FACE=3Darial,helvetica><FONT  SIZE=3D2>Hi Howard: Sorry but I do=
n't think WON recognizes a sloping saucer. A saucer is nothing more than a c=
up/handle with an extended flat bottom. The left hand side of the cup define=
s the beginning of a formation.
<BR>What you are looking at, I believe, is an ascending base. This is a very=
 good, healthy formation with constant growth, but without the explosive jum=
p we look for in the c/h. In today's market I personally like the ascending=20=
base.
<BR>Hope this helps.
<BR>Charley</FONT></HTML>

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