Re: [CANSLIM] breakoutwatch


From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] breakoutwatch
Date: Wed, 20 Aug 2003 11:12:24 -0500

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I think the site is excellent. ( I am a paying subscriber, and have not
financial interest in the site)

What I do personally, is take the daily watchlist, and filter it to my own
criteria, then place the remaining stocks into a real time tracker, with
alerts set for price and volume.  Depending on my time availability , I
might look at the charts of those on my reduced list, and if the chart does
not look "good" to my human eye, I will eliminate if.
If I don't have that opportunity, then if it does breakout, I look at the
chart first, to confirm the pattern, then decide what I would want to do.

Hope that helps

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


                                                                                                                            
                    "Jeff Henderson"                                                                                        
                    <JHend746@cox.net>           To:     Canslim <canslim@lists.xmission.com>                               
                    Sent by:                     cc:                                                                        
                    owner-canslim@lists.xm       Subject:     [CANSLIM] breakoutwatch                                       
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                    08/20/2003 10:54 AM                                                                                     
                    Please respond to                                                                                       
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For those of you that use breakout watch, I have a few questions:


     1)       Do you buy as soon as you get an alert or do you filter for
     chart quality and the CE value to determine what do buy?


     2)       What is your opinion overall for the site?









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