[CANSLIM] More about ELON


From: "Harold Josephson" <hj@hjosephson.com>
Subject: [CANSLIM] More about ELON
Date: Wed, 11 Jun 2003 14:06:13 -0700

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Hi Katherine,

=20

I have a question re a remark you made recently about ELON.   You said . =
. .

=20

"So, all in all, I'd look at the quality of ELON's current base, then =
look
at the preponderance of evidence fundamentally, then look at the =
industry to
see how the group is behaving overall, and then check to be sure ELON is =
the
best the group and/or the market has to offer."

=20

What would you advise if ELON is, say, only the 4th best stock in its =
group
(I use IBD for this ranking) but is the only one breaking out?  Would =
you
wait for a higher ranked stock to breakout, go forward with your buy or =
pass
for now?

=20

Thanks

=20

Harold

=20

=20

=20

=20

=20

=20

=20

=20


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<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>Hi
Katherine,</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>I
have a question re a remark you made recently about ELON.&nbsp; =
&nbsp;You </span></font></b>said
. . .</p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>&quot;So, all in all, I'd look at =
the
quality of ELON's current base, then look at the preponderance of =
evidence
fundamentally, then look at the industry to see how the group is =
behaving
overall, and then check to be sure ELON is the best the group and/or the =
market
has to offer.&quot;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>What would you advise if ELON is, =
</span></font></b><b><font
 size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial;font-weight:
 bold'>sa</span></font></b><b><font size=3D2 face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;font-weight:bold'>y, only the 4th best stock in =
its
group (I use IBD for this ranking) but is the only one breaking =
out?&nbsp; Would
you wait for a higher ranked stock to breakout, go forward with your buy =
or
pass for now?</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>Thanks</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial;font-weight:bold'>Harold</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoPlainText><b><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt'>&nbsp;</span></font></b></p>

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Next Article (by Subject): RE: [CANSLIM] More about ELON "Katherine Malm"
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