Re: [CANSLIM] NTST

From: "Steve Goodwin" <sgoodwin@cfl.rr.com>
Subject: Re: [CANSLIM] NTST
Date: Thu, 14 Aug 2003 13:05:26 -0400

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Mike,

I don't usually get into a stock with such a limited liquidity history.
That said, NTST seems to be having a very good time LONG today.

As far as volume drying up goes, I've followed the CANSLIM approach for
awhile now, yes you would like to see it dry up, but in this market, having
this happen in a such a quality manner is difficult.

- - Steve

- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 14, 2003 12:26 PM
Subject: [CANSLIM] NTST


> It appears that NTST is breaking out from a pivot of $7.28 on huge volume,
> but when I look at the chart, I am concerned by the high volume that
exists
> in the handle area. From what I remember, you would like to see volume dry
> up, preferable below the 50dMA.  I see this as a danger sign to the
> success, but as of this writing, it is up to $7.54.
>
> Any thoughts?
>
> 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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