From: swingkid104@attbi.com
Subject: Re: [CANSLIM] AHMH
Date: Fri, 13 Jun 2003 09:31:25 +0000
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I see it differently. I see this stock as already extended past it's pivot point. I believe the handle occured from 5/5 to 5/21, with a breakout on heavy volume on 5/22. The pivot point was $14.10 - the highest point in the handle (someone correct me if the pivot point is really $.10 above the highest *close* in the handle, rather than intraday high). If you look at it that way, then the stock is already about 27% past it's ideal pivot point. That is much more than O'Neil's recomendation of not buying a stock more than 5% past it's ideal pivot point. Just my thoughts. Chris > Any thoughts on this one, sort of broke out today...But would have liked to have > seen more volume. Long basing pattern. > > Huge increase in sales last qtr... > > Aaron > > > --------------------------------- > Do you Yahoo!? The New Yahoo! Search - Faster. Easier. Bingo. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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