Go to Jeff Salisbury LWGate Home Page.From: "Mark Crisp" <stressfreetrader@btopenworld.com>
Subject: Re: [CANSLIM] WEBX
Date: Wed, 6 Aug 2003 16:04:08 +0100
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I wouldn't touch this stocks. Why? It's not at an all time new high. There is a much simpler way. Mark Crisp http://www.stressfreetrading.com - ----- Original Message ----- From: "Jiehui" <ddloyilbshrb@iartdesign.com> To: <canslim@lists.xmission.com> Sent: Wednesday, August 06, 2003 5:42 AM Subject: [CANSLIM] WEBX > Hi all, > > I'm a beginner in this and is still a little unsure of how to read charts. I hope some of the more experienced chart readers on this group can help me. > > WEBX has formed the teacup w/ handle pattern and I mistakenly bought at the volume surge thinking it's a break-out, only to find it went down 5.68% > > Is it forming another handle now and should I continue holding on to the stock and wait for the handle to form or until the 8% stop-loss is reached. Or should I exit my position now? Is this considered a failed break-out? > > The rating for this WEBX is currently: 97 81 73 A+ A A- > > Regards, > Jiehui - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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