Re: [CANSLIM] UTSI What am I missing?


From: "Rolf Hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM] UTSI What am I missing?
Date: Thu, 17 Jul 2003 18:36:54 -0600

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I'll try some of my (hopefully improving) chart reading skills.  I don't
think this is a LLUR. To me it looks like a flat base since Oct 2002 that
broke above its pivot on May 13.  And then it had about a 60% run in just
over 2 months.  It seems like a rapid run up like this is more susceptible
to a correction than something that climbs 60% over a year or so, especially
given the less-than-happy market this week.

I'm slowly learning to be numb to the market, and try to keep chanting:
 "The market won't do what I want it to do, it'll do what it'll do".  I
sometimes substitute 'what I want it to do' with 'what I think it should
do'.  It's been one of my harder lessons to learn.

 Rolf

- ----- Original Message -----
From: "John Solarno" <workvirt@workvirtual.com>


The chart has been a dependable LLUR since March.


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