Re: [CANSLIM] pwav


From: "Pritish Shah" <pshah@lason.com>
Subject: Re: [CANSLIM] pwav
Date: Thu, 10 Jul 2003 15:29:54 -0400

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Michael,

This could be a setup for 1-2-3 breakout. Yesterday, the volume was =
7million+, today, it looks like it is going to be 4.5m, if tomorrow, the =
volume goes down to 3 and then on Monday it goes to 2 or 1, it could be a =
setup for a 123 breakout momentum play as long as it does not fall below =
$6.96.

IMO,
Pritish



>>> michael_niemotka@baxter.com 07/10/03 03:04PM >>>
I  notice  that today, this stock has pulled back sharply (as the general
market is taking it's lumps) on higher than ave volume, near the bo. =
price.

Does this give a second chance to enter?

Personally I would say no, since it has pulled back on high volume .





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=20



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