Re: [CANSLIM] TSCO

From: Marc Deiter <dites@yahoo.com>
Subject: Re: [CANSLIM] TSCO
Date: Mon, 16 Jun 2003 11:11:29 -0700 (PDT)

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Treb,

In my opinion it is extended past it's pivot point - unless the
action over the last 8 days or so can be considered a high-handle.
Volume is lighter during the "handle" from 6/9-6/13.  However, it
doesn't appear at this time that today's volume will be greater than
50% of the average.  Looking at the daily chart, I see the handle
starting on 4/16 with a pivot at 43.55 and the breakout on 5/2.  

Disclosure: Purchased on 5/2, stopped out on 5/19.

Marc

- --- Treb Courie <list@courie.com> wrote:
> Is TSCO breaking out today?  It's got good fundamentals and is on
> my watch list.  However, I think I'm going to stay off of it--it
> looks to me like it broke out of a sloppy handle on 2 June and is
> too extended now.
> 
> Regards,
> Treb
> 
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