Go to Jeff Salisbury LWGate Home Page.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 > > - > -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.
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