From: "Boyd" <theboyd@tisd.net>
Subject: Re: [CANSLIM] 50dMA as a sell sign, MVL
Date: Tue, 24 Jun 2003 17:29:12 GMT
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Take a look at the investors.com Weblink today. They discuss this very phenomena using Countrywide Financial. IMHO, some pullbacks offer a reduced risk entry and some don't. It depends on the market mood, the price/vol action of the stock and any news that may be out on the stock. You pay your money and take your chances. Norm Tomas writes: > I agree with Mike. With all the selling of MVL for > the last few days, I think an entry point is higher > risk then a BO. > > tomas > > --- michael_niemotka@baxter.com wrote: > > > > One could argue that if all the other conditions are > > still right in the > > stock that this could be a secondary entry point, > > but of course at a much > > higher risk than buying on the breakout, especially > > for MVL, since it has > > moved up a lot since breakoing out. > > > > Mike > > > > Mike Niemotka , PE > > Sr. Principal Engineer > > Baxter Healthcare Corporation > > Route 120 & Wilson Road > > Round Lake, IL 60073 > > Tel (847) 270-4075 > > Fax (847) 270-4525 > > michael_niemotka@baxter.com > > > > > > > > > > > > Davellil5@aol.com > > > > > > Sent by: To: > > canslim@lists.xmission.com > > > > owner-canslim@lists.xm cc: > > > > > > ission.com > > Subject: Re: [CANSLIM] 50dMA as a sell sign, MVL > > > > > > > > > > > > > > > > 06/24/2003 08:55 AM > > > > > > Please respond to > > > > > > canslim > > > > > > > > > > > > > > > > > > > > > > > > > > What if it does move back above the 50DMA -- on good > > volume -- is that a > > buy > > signal? > > > > Dave > > > > - > > -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. > > > __________________________________ > Do you Yahoo!? > SBC Yahoo! DSL - Now only $29.95 per month! > http://sbc.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.
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