RE: [CANSLIM] VRNT

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] VRNT
Date: Fri, 6 Jun 2003 08:06:55 -0500

Next Article (by Date): [CANSLIM] Slighty off topic Chazmoore@aol.com
Previous Article (by Date): Re: [CANSLIM] APPX Karen White
Next in Thread: Re: [CANSLIM] VRNT Davellil5@aol.com
Articles sorted by: [Date] [Author] [Subject]

Hi Tomas,

When a stock breaks out out of a well formed base on volume, the B/O is
considered valid. The reason for the B/O doesn't matter, as the technicals
are telling you the stock is ready to rock and roll.

As to earnings releases, I've had some excellent winners over the years
after buying a stock gapping up and breaking out of its base on the earnings
release day. In a couple of cases, the gap up forced me to buy the stock at
slightly more than the 5% above the pivot threshold, but this has never
deterred me. The one thing you want to be sure to do is have the stock
*already* in view before the earnings release and then be ready to pounce on
the stock the minute it breaks out. That can make the difference between
buying something at 4.9% above the pivot vs 10% above the pivot if it gaps
up.

Katherine

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tomas
Sent: Tuesday, June 03, 2003 11:52 PM
To: canslim canslim
Subject: [CANSLIM] VRNT


Looks like VRNT BO today.  It has a 16.47 CE score,
the highest score I have ever seen so far.  So,
fundies is excellent.  Just release earnings today.
If a BO is on the earnings report day, does that still
count as a BO?

Charts looks good with a downward handle.

Anyone has comments on this stock?

tomas

__________________________________
Do you Yahoo!?
Yahoo! Calendar - Free online calendar with sync to Outlook(TM).
http://calendar.yahoo.com

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.



- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.