[CANSLIM] Today's pullback - revisiting entry points that got away the first time?

From: "Richard Tafoya" <cwh@mendomedia.net>
Subject: [CANSLIM] Today's pullback - revisiting entry points that got away the first time?
Date: Thu, 10 Jul 2003 08:31:05 -0700

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Given early volume, today may turn out to be a broad pullback that
ultimately reveals strength in the NASDAQ (if it pulls green or almost
green by day's end) or a distribution day (if it pulls farther south and
volume continues to rage).

In either case, a number of stocks that were on my watch list over the
past several days have pulled back to within 7% of their pivots today on
what initially appears to be low volume. I'll be watching their volume
and RSI gauges over the course of the day. 

With this type of pullback, is this a time to revisit something that
showed such strength so recently and demonstrates strength against the
tide, or has the dynamic of YHOO's market reaction changed the chemistry
that vaulted those previous winners?



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