Re: [CANSLIM] MVL

From: Karen White <karenwhite7@charter.net>
Subject: Re: [CANSLIM] MVL
Date: Wed, 02 Jul 2003 07:13:31 -0700

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Mike- you really ask good questions and trust me here, the rest of us are 
learning from them....Karen

At 08:15 AM 7/2/2003 -0500, you wrote:
>As a question to the group,
>
>Am I reading the chart correctly, in that MVL is now showing a sell sign
>(yellow flag?) in that it is still below the 50dMA.  Katherine had
>mentioned that usually, a stock should show a rebound above that line in
>about 5 days, and you would like to see that move above the line on strong
>volume. So far, MVL has not been able to do that.
>
>Overall, company is still strong, but I am wondering if I need to exit now,
>and maybe keep it on the watchlist for another entry point.
>
>Thanks
>
>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
>
>
>
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