[CANSLIM] MVL

From: michael_niemotka@baxter.com
Subject: [CANSLIM] MVL
Date: Wed, 2 Jul 2003 08:15:40 -0500

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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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