RE: [CANSLIM] RMD chart

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] RMD chart
Date: Fri, 30 May 2003 08:27:01 -0500

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Hi Tomas,

Whether you look at it as a double bottom beginning 11/15/2 or a smaller cwh
beginning 1/14/03, the pivot remains the same at the beginning of the handle
on 4/9 @ $34.50. BO is on 4/23 when it passes that pivot on high volume.

However, the action since then is too short to be considered a base, but is
instead normal pullback action along its rising path. The shortest base
you'll get is a flat base at >=5wks, but the action must move sideways from
the peak and correct no more than 10-15%.

Katherine

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tomas
Sent: Wednesday, May 28, 2003 11:08 PM
To: canslim canslim
Subject: [CANSLIM] RMD chart


How would yall interpret the chart for RMD?  Looks
like it was a DB.  The second bottom did not dip below
the first bottom (not good).  BO on 4/23.  Now it is
forming another small base?  And BO today?

Just want to see how you would classify the chart.

Thanks,
tomas

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