Re: [CANSLIM] SHFL

From: Yien T Lung <ylung@engin.umich.edu>
Subject: Re: [CANSLIM] SHFL
Date: Tue, 19 Aug 2003 14:32:33 -0400 (EDT)

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Just a clarification about the SHFL breakout. What kinda of chart pattern
is it showing, in your opinion?



On Tue, 19 Aug 2003, Dave Wood wrote:

> Hi,
>
>     I also bought SHFL this morning @ $31.14 (9:44am.) What struck me funny
> was the volume. Ameritrade streamer already had daily volume @ 300K which is
> its average daily volume. I know WON emphasizes large volume breakouts, but
> when a stock hits ADV within minutes of the open, what does this indicate?
> an institution making a large purchase? I am new to streamer, so I never
> happened to see this degree of activity so quickly.
>
> Thanks,
>
> Dave
>
>
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