Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday?
Date: Thu, 21 Aug 2003 07:16:12 -0500
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RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday?Hi Allan,
Thanks again for your industry insider point of view and your insight into LF in
particular.
A couple of comments to add to your notes. When looking at quarterly earnings
growth, the CANSLIM approach always views it quarter over quarter (QoQ), i.e.,
3rd Q of this year compared to 3rdQ of the previous year. That allows for more
direct comparison of seasonal quarters. For LF, that puts their QoQ growth rates
quite high.
I agree with you on industry ratings. I think they're useful for determining the
general trend of the industry and for drawing your eye to strength, but direct
competitors don't always reside in the same industry nor do all companies listed
in the same industry necessarily sell to the same markets and/or the same market
niches. When it comes to due diligence, I prefer to look at direct competitors
to see how they're doing and to the company itself to see how successfully it
has leveraged its own competitive advantage for future growth. I also look to
see if they have a unique product/service or a unique way of selling their
product/service that gives them an edge. Another thing that sets LF apart from
MAT is their focus. While MAT is into everything, LF has built a business around
a particular concept. They have also done a darn good job of building brand
awareness, something that has great value in and of itself. (Think of more
recent growth businesses such as SBUX, HD, KKD, etc.)
Katherine
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Margate, Allan
Sent: Thursday, August 21, 2003 2:52 AM
To: 'canslim@lists.xmission.com'
Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in yesterday?
FYI - based on the article from reuters below it seems like most of the
activity yesterday was due to new products shipping out to the stores for back
to school. I still believe that there is still some time to buy LF, it seems
that around $35 is the resistance. If there is strong volume today another BO
above $35-$36 then I would think about buying.
There was an earlier email that stated the following IBD #'s"
LF rating according to IBD
EPS Rate: 60
RS: 73
Industry Strength: C+
SMR: B
Acc/Distr: C+
I would like to add my 2 cents. I believe IBD takes into consideration
quarterly growth. In the toy industry a majority of sales (70% or so) are in
the 3rd and 4th qtr so look at the current vs prior year qrtr when your doing
your analysis or year vs year. If you look at their annual data:
2000 2001 2002
Revenue 160M 314M 532M
Income -2M 10M 43M
So as you can see, the financials have been great. The financials were
achieved during a recession, a Long Beach port strike, the political climate,
and a time when K-Mart declared bankruptcy. In the toy industry there is the Big
4: Walmart, Toys R Us, Target, and Kmart which account for 50% - 70% of all toy
sales in the US. Also keep in mind that LF just expanded internationally into
Germany a few months ago.
Also with industry strength being a C+ you can think of it in two ways: The
toy industry is mature or that LF is placed in the wrong category of the toy
industry. I think it should be placed in its own category called electronic
learning. It is a cross between a toy and an educational tool or book.
I work for a competitor so I have some industry knowledge. Fisher Price's new
e-book is very impressive and uses the mouse pad technology on a laptop so that
when you press on the book it automatically talks without a stylus. Granted
Fisher Price does look like they have a great new product (I was in a
presentation that showed the functionality of the book) and there has been a lot
of good press and Mattel is planning one really pushing the product.
Wall Street always looks into the future and with the upcoming school and
Christmas season most of LF earnings are still yet to come.
I bought LF at 26 and again at 30 and though I like the company I am still a
little skeptical because there seems to be resistance at $35 and it seems to me
that we are in a trading range.
Hope this helps. If you have any other questions about the industry please
feel free to ask me.
LeapFrog shares rise as new toys hit stores
Wednesday August 20, 1:45 pm ET
By Angela Moore
NEW YORK, Aug 20 (Reuters) - Shares of LeapFrog Enterprises Inc. (NYSE:LF -
News) rose sharply on Wednesday, as the company rolled out its new line of
electronic learning toys and braced for a market-share battle with giant
toymaker Mattel Inc. (NYSE:MAT - News).
ADVERTISEMENT
Emeryville, California-based LeapFrog is launching LeapPad Plus Writing, an
updated version of its core LeapPad product, and Little Touch, for children 6
months to 36 months old.
At the same time, Fisher-Price, a unit of Mattel, is bringing out PowerTouch
Learning System, which will compete with the LeapPad.
"It is very significant that LeapFrog's new products have hit shelves in a
timely way; we're heading into back-to-school season right now," said Natalie
Walrond, an analyst with Pacific Growth Equities. "We were very impressed with
LeapPad Plus Writing ... I expect it to do well."
LeapFrog's shares were up $2.93, or 9.3 percent, at $34.54, on the New York
Stock Exchange (News - Websites), after hitting a session high of $34.99.
Mattel's shares were up 51 cents, or 2.6 percent, at $20.03.
Both LeapPad and PowerTouch teach reading, numbers and basic skills in an
electronic "book" format. Fisher-Price's PowerTouch is geared toward 3- to
8-year- olds, while the LeapPad is meant for ages 4 and up.
In addition, LeapPad uses an attached stylus to activate lessons, but kids can
operate PowerTouch with their fingers.
The LeapPad Plus Writing combines the core LeapPad product with an emphasis on
learning writing and math.
LeapFrog's Little Touch has the same basic platform as LeapPad, but is
designed for very young children to use with adult assistance.
The launch of the PowerTouch Learning System is part of Fisher-Price's plan to
nab a larger share of the market for preschool electronic learning toys.
Fisher-Price plans to spend an unprecedented amount of marketing dollars to
promote it -- nearly three times what it has historically spent on other new
products.
"It's certainly a possibility these two companies could grow the category and
end up doing well with it, but it's too early to declare a winner," said
Walrond. "We do prefer LeapFrog products, but Mattel's marketing engine should
not be discounted."
-----Original Message-----
From: michael_niemotka@baxter.com [mailto:michael_niemotka@baxter.com]
Sent: Thursday, August 21, 2003 12:12 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in
yesterday?
Mike,
Thanks for the clarification. Ironically enough, I too was shaken out of
this one. Turns out I was adding to my position was the left cup edge was
formed...imagine that!
Take care
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
"Mike Gibbons"
<mike@proactech.com> To:
canslim@lists.xmission.com
Sent by: cc:
owner-canslim@lists.xm Subject: RE: [CANSLIM]
LF - Frustration! Could I have gotten in
ission.com yesterday?
08/20/2003 05:05 PM
Please respond to
canslim
Hi Mike,
As I see it, there are two components to a breakout - price and volume.
There is certainly room for debate over what period the volume must be
sustained to qualify for the 150% of adv - is it the exact day of the
breakout attempt or could the volume come in over several days? So provided
a stock closes above it's pivot on less than 150% volume, it could be
called
a weak breakout which may or may not be sustained over the next few days.
We
currently put a strict interpretation on the breakout rule and call it a
failed breakout if the price AND volume criteria are not met.
I feel there is less room for debate over the price action. Today's
intraday
high was above the previous pivot but it closed below indicating that the
sellers had the upper hand at the end of the day. Because the intraday high
was above the old pivot, a new pivot was set and I think it's appropriate
to
consider any future action in relation to that new pivot rather than the
old
one.
Regardless of these somewhat arcane issues, it seems to me that the current
price/volume action of LF is volatile and while obviously good profits can
be had, they are at a high risk. I have a low risk tolerance and would
avoid
it - I've been whipsawed out of this one before!
Aloha,
Mike Gibbons
http://www.proactech.com
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Wednesday, August 20, 2003 11:25 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in
yesterday?
Mike,
I understand that the way you described it is how the algorithm at
breakoutwatch will watch the chart, but from a human eye perspective, it
could be possible that the breakout will be sustained tomorrow.
If it is again on high volume, would it not offer a valid entry point? I am
speaking in a strictly WON interpretation, but of course I am going from
memory here, and it is the end of a long day.....
Did you make your software handle a failed breakout in this fashion because
of backtesting, or your interpretation of WON rules.
Keep up the great work.
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
"Mike Gibbons"
<mike@proactech.com> To:
canslim@lists.xmission.com
Sent by: cc:
owner-canslim@lists.xm Subject: RE: [CANSLIM]
LF - Frustration! Could I have gotten in
ission.com yesterday?
08/20/2003 03:41 PM
Please respond to
canslim
LF failed to sustain its move above it's pivot point of $34.77 set on 6/18
today.
The effect of this is that has now set a new pivot point of today's high of
$34.99, with the left side of the cup unchanged at $35.70 on 12/03/02. The
next few days will show if it forms a new handle and presents another valid
entry point. If it were to do so, the action in the right side of the cup
leading up to the new pivot point would not seem to favor a strong breakout
from the new pivot point.
Aloha,
Mike Gibbons
http://www.proactech.com
-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Wednesday, August 20, 2003 10:16 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] LF - Frustration! Could I have gotten in
yesterday?
I personally hate watching something like the LF scenario, and having to
make the choice to sell off a stock that may be doing okay, that is giving
no sell signs, in order to free up capital to make the purchase. Then of
course, the new stock reverses, and the one you sold takes off to the
sky.....
Thanks for letting me hop on the "things that frustrate investors"
bandwagon. You Texans sure know how to draw a wagon train! :)
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
Tomas
<tomas986@yahoo.com> To:
canslim@lists.xmission.com
Sent by: cc:
owner-canslim@lists.xm Subject: RE: [CANSLIM]
LF - Frustration! Could I have gotten in
ission.com yesterday?
08/20/2003 03:01 PM
Please respond to
canslim
Kelly,
Sounds like you are asking if there is any way we
could figure out a way to predict the future. :).
j/k.
In any case, I know how you feel. I think everyone
here has been in that situation at one time or
another, and probably more times. Actually, it
happens to me a few times the last few months. Been
eyeing a stock for a long time, and seeing it about to
BO. Then it BO with a %10+ price. Then I just jump
up and down and curse at the air. :).
Look at the bright side, it is still withing the entry
point.
Your Fellow Texan,
tomas
--- michael_niemotka@baxter.com wrote:
>
> Brad,
>
> I'm sorry, I meant to say 8/14 NOT 7/14. Sorry
> about that.
>
> 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
>
>
>
>
>
> bflauaus
>
>
> <bflauaus@swbell.net> To:
> canslim@lists.xmission.com
>
> Sent by: cc:
>
>
> owner-canslim@lists.xm
> Subject: RE: [CANSLIM] LF - Frustration! Could I
> have gotten in
> ission.com
> yesterday?
>
>
>
>
>
>
>
> 08/20/2003 02:48 PM
>
>
> Please respond to
>
>
> canslim
>
>
>
>
>
>
>
>
>
>
>
>
> Mike,
>
> I looked at the LF on 7/14 and cannot identify the
> MACD crossover. I see
> x-overs on the 8th and 28th, but not the 14th.
>
> Am I missing something here? I am using MACD(12,26)
> and MACD EMA(9).
>
> Brad
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf
> Of
> michael_niemotka@baxter.com
> Sent: Wednesday, August 20, 2003 1:27 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] LF - Frustration! Could I
> have gotten in
> yesterday?
>
>
>
> Kelly,
>
> I have also been watching LF.
> I would however, argue that the pivot point is at
> $34.77 (high on 6/18),
> and that even though it would be nice to have the
> 9+% gain from today, on
> top of any future profits, if you are following
> CANSLIM then you wait for
> high vol breakout above the pivot. (That could
> still happen today, since
> it was above 34.77 intraday).
>
> As far as technical indicators, on 7/14 the MACD
> crossed over the signal
> line, which some people take as a buy sign. I have
> been checking this
> signal as a secondary confirmation when I see a
> breakout occurring, but
> have not done extensive backtesting on this.
>
> I know how you feel when you see a huge single day
> gain on a stock that you
> are willing to purchase, but if you choose to enter
> a position prior to a
> breakout, you do so at addition risk.
>
> You just have to decide how the risk reward ratio
> fits into your personal
> style.
>
> 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
>
>
>
> "Kelly Short"
> <kelly.short@fw.us.neo To:
> canslim@lists.xmission.com
> ris.com> cc:
> Sent by:
> Subject: [CANSLIM] LF
> -
> Frustration! Could I have gotten in yesterday?
> owner-canslim@lists.xm
> ission.com
>
>
> 08/20/2003 01:03 PM
> Please respond to
> canslim
>
>
>
>
>
>
> Folks, (that's Texan for "Everyone")
>
> LF has been on my watch list and I was awaiting an
> alert from my
> breakoutwatch.com subscription which if I had
> received I was planning to
> purchase it. Today, LF broke out and by the time I
> was able to check the
> breakout alert and stock action it was already up 9%
> for the day, but not
> yet above the breakout price. I could have gotten
> in, and might still do
> that tomorrow if it pulls back, but I am frustrated
> that a stock, on my
> watch list, which I was willing to purchase, would
> run up so much before I
> could do anything about it. Therefore, I pose the
> following question:
>
> Given the action of LF (see attached chart) are
> there any technical
> indicators that could have notified me **yesterday**
> that this stock was
> going to rocket off today? Is it reasonable to
> believe I could have bought
> the stock yesterday to participate in today's action
> and still be following
> CANSLIM rules? I would greatly appreciate anyone's
> advice on this.
>
> Frustrated Texan,
>
> Kelly
> (See attached file: LF.gif)
>
>
>
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your
> email.
>
>
>
>
>
>
>
>
=== message truncated ===
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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE>RE: [CANSLIM] LF - Frustration! Could I have gotten =
in yesterday?</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR></HEAD>
<BODY>
<DIV><SPAN class=3D296115811-21082003>Hi Allan,</SPAN></DIV>
<DIV><SPAN class=3D296115811-21082003></SPAN> </DIV>
<DIV><SPAN class=3D296115811-21082003>Thanks again for your industry =
insider point=20
of view and your insight into LF in particular.</SPAN></DIV>
<DIV><SPAN class=3D296115811-21082003></SPAN> </DIV>
<DIV><SPAN class=3D296115811-21082003>A couple of comments to add to =
your notes.=20
When looking at quarterly earnings growth, the CANSLIM approach always =
views it=20
quarter over quarter (QoQ), i.e., 3rd Q of this year compared to 3rdQ of =
the=20
previous year. That allows for more direct comparison of seasonal =
quarters. For=20
LF, that puts their QoQ growth rates quite high.</SPAN></DIV>
<DIV><SPAN class=3D296115811-21082003></SPAN> </DIV>
<DIV><SPAN class=3D296115811-21082003>I agree with you on industry =
ratings. I=20
think they're useful for determining the general trend of the industry =
and for=20
drawing your eye to strength, but direct competitors don't always reside =
in the=20
same industry nor do all companies listed in the same industry =
necessarily sell=20
to the same markets and/or the same market niches. When it comes to due=20
diligence, I prefer to look at direct competitors to see how they're =
doing and=20
to the company itself to see how successfully it has leveraged its =
own=20
competitive advantage for future growth. I also look to see if they have =
a=20
unique product/service or a unique way of selling their product/service =
that=20
gives them an edge. Another thing that sets LF apart from MAT is their =
focus.=20
While MAT is into everything, LF has built a business around a =
particular=20
concept. They have also done a darn good job of building brand =
awareness,=20
something that has great value in and of itself. (Think of more recent =
growth=20
businesses such as SBUX, HD, KKD, etc.)</SPAN></DIV>
<DIV><SPAN class=3D296115811-21082003></SPAN> </DIV>
<DIV><SPAN class=3D296115811-21082003>Katherine</SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Margate,=20
Allan<BR><B>Sent:</B> Thursday, August 21, 2003 2:52 AM<BR><B>To:</B>=20
'canslim@lists.xmission.com'<BR><B>Subject:</B> RE: [CANSLIM] LF -=20
Frustration! Could I have gotten in yesterday?<BR><BR></FONT></DIV>
<P><FONT size=3D2>FYI - based on the article from reuters below it =
seems like=20
most of the activity yesterday was due to new products shipping out to =
the=20
stores for back to school. I still believe that there is still some =
time to=20
buy LF, it seems that around $35 is the resistance. If there is strong =
volume=20
today another BO above $35-$36 then I would think about =
buying.</FONT></P>
<P><FONT size=3D2>There was an earlier email that stated the following =
IBD=20
#'s"</FONT> <BR><FONT size=3D2>LF rating according to IBD</FONT> =
<BR><FONT=20
size=3D2>EPS Rate: 60</FONT> <BR><FONT size=3D2>RS: 73</FONT> =
<BR><FONT=20
size=3D2>Industry Strength: C+</FONT> <BR><FONT size=3D2>SMR: B</FONT> =
<BR><FONT=20
size=3D2>Acc/Distr: C+</FONT> </P>
<P><FONT size=3D2>I would like to add my 2 cents. I believe IBD =
takes into=20
consideration quarterly growth. In the toy industry a majority =
of sales=20
(70% or so) are in the 3rd and 4th qtr so look at the current vs prior =
year=20
qrtr when your doing your analysis or year vs year. If you look at =
their=20
annual data:</FONT></P>
<P> =20
=20
<FONT =
size=3D2>2000 =20
2001 =20
2002</FONT> <BR><FONT=20
size=3D2>Revenue =20
160M =20
314M =
532M</FONT>=20
<BR><FONT size=3D2>Income =
=20
-2M =
10M =
43M</FONT> </P>
<P><FONT size=3D2>So as you can see, the financials have been great. =
The=20
financials were achieved during a recession, a Long Beach port strike, =
the=20
political climate, and a time when K-Mart declared bankruptcy. In the =
toy=20
industry there is the Big 4: Walmart, Toys R Us, Target, and Kmart =
which=20
account for 50% - 70% of all toy sales in the US. Also keep in mind =
that LF=20
just expanded internationally into Germany a few months ago. =
</FONT></P>
<P><FONT size=3D2>Also with industry strength being a C+ you can think =
of it in=20
two ways: The toy industry is mature or that LF is placed in the wrong =
category of the toy industry. I think it should be placed in its own =
category=20
called electronic learning. It is a cross between a toy and an=20
educational tool or book.</FONT></P>
<P><FONT size=3D2>I work for a competitor so I have some industry=20
knowledge. Fisher Price's new e-book is very impressive and uses =
the=20
mouse pad technology on a laptop so that when you press on the book it =
automatically talks without a stylus. Granted Fisher Price does look =
like they=20
have a great new product (I was in a presentation that showed the=20
functionality of the book) and there has been a lot of good press and =
Mattel=20
is planning one really pushing the product.</FONT></P>
<P><FONT size=3D2>Wall Street always looks into the future and with =
the upcoming=20
school and Christmas season most of LF earnings are still yet to=20
come.</FONT></P>
<P><FONT size=3D2>I bought LF at 26 and again at 30 and though I like =
the=20
company I am still a little skeptical because there seems to be =
resistance at=20
$35 and it seems to me that we are in a trading range. </FONT></P>
<P><FONT size=3D2>Hope this helps. If you have any other questions =
about the=20
industry please feel free to ask me.</FONT> </P><BR>
<P><FONT size=3D2>LeapFrog shares rise as new toys hit stores</FONT> =
<BR><FONT=20
size=3D2>Wednesday August 20, 1:45 pm ET </FONT><BR><FONT size=3D2>By =
Angela Moore=20
</FONT></P><BR>
<P><FONT size=3D2>NEW YORK, Aug 20 (Reuters) - Shares of LeapFrog =
Enterprises=20
Inc. (NYSE:LF - News) rose sharply on Wednesday, as the company rolled =
out its=20
new line of electronic learning toys and braced for a market-share =
battle with=20
giant toymaker Mattel Inc. (NYSE:MAT - News).</FONT></P>
<P><FONT size=3D2>ADVERTISEMENT</FONT> <BR><FONT =
size=3D2> </FONT> <BR><FONT=20
size=3D2> </FONT> <BR><FONT size=3D2>Emeryville, California-based =
LeapFrog is=20
launching LeapPad Plus Writing, an updated version of its core LeapPad =
product, and Little Touch, for children 6 months to 36 months =
old.</FONT></P>
<P><FONT size=3D2>At the same time, Fisher-Price, a unit of Mattel, is =
bringing=20
out PowerTouch Learning System, which will compete with the=20
LeapPad.</FONT></P>
<P><FONT size=3D2>"It is very significant that LeapFrog's new products =
have hit=20
shelves in a timely way; we're heading into back-to-school season =
right now,"=20
said Natalie Walrond, an analyst with Pacific Growth Equities. "We =
were very=20
impressed with LeapPad Plus Writing ... I expect it to do =
well."</FONT></P>
<P><FONT size=3D2>LeapFrog's shares were up $2.93, or 9.3 percent, at =
$34.54, on=20
the New York Stock Exchange (News - Websites), after hitting a session =
high of=20
$34.99. Mattel's shares were up 51 cents, or 2.6 percent, at=20
$20.03.</FONT></P>
<P><FONT size=3D2>Both LeapPad and PowerTouch teach reading, numbers =
and basic=20
skills in an electronic "book" format. Fisher-Price's PowerTouch is =
geared=20
toward 3- to 8-year- olds, while the LeapPad is meant for ages 4 and=20
up.</FONT></P>
<P><FONT size=3D2>In addition, LeapPad uses an attached stylus to =
activate=20
lessons, but kids can operate PowerTouch with their fingers.</FONT> =
</P>
<P><FONT size=3D2>The LeapPad Plus Writing combines the core LeapPad =
product=20
with an emphasis on learning writing and math.</FONT> </P>
<P><FONT size=3D2>LeapFrog's Little Touch has the same basic platform =
as=20
LeapPad, but is designed for very young children to use with adult=20
assistance.</FONT></P>
<P><FONT size=3D2>The launch of the PowerTouch Learning System is part =
of=20
Fisher-Price's plan to nab a larger share of the market for preschool=20
electronic learning toys.</FONT></P>
<P><FONT size=3D2>Fisher-Price plans to spend an unprecedented amount =
of=20
marketing dollars to promote it -- nearly three times what it has =
historically=20
spent on other new products.</FONT></P>
<P><FONT size=3D2>"It's certainly a possibility these two companies =
could grow=20
the category and end up doing well with it, but it's too early to =
declare a=20
winner," said Walrond. "We do prefer LeapFrog products, but Mattel's =
marketing=20
engine should not be discounted." </FONT></P><BR><BR><BR><BR><BR>
<P><FONT size=3D2>-----Original Message-----</FONT> <BR><FONT =
size=3D2>From:=20
michael_niemotka@baxter.com [<A=20
=
href=3D"mailto:michael_niemotka@baxter.com">mailto:michael_niemotka@baxte=
r.com</A>]</FONT>=20
<BR><FONT size=3D2>Sent: Thursday, August 21, 2003 12:12 AM</FONT> =
<BR><FONT=20
size=3D2>To: canslim@lists.xmission.com</FONT> <BR><FONT =
size=3D2>Subject: RE:=20
[CANSLIM] LF - Frustration! Could I have gotten in</FONT> <BR><FONT=20
size=3D2>yesterday?</FONT> </P><BR><BR>
<P><FONT size=3D2>Mike,</FONT> </P>
<P><FONT size=3D2>Thanks for the clarification. Ironically =
enough, I too=20
was shaken out of</FONT> <BR><FONT size=3D2>this one. Turns out =
I was=20
adding to my position was the left cup edge was</FONT> <BR><FONT=20
size=3D2>formed...imagine that!</FONT> </P>
<P><FONT size=3D2>Take care</FONT> </P>
<P><FONT size=3D2>Mike</FONT> </P>
<P><FONT size=3D2>Mike Niemotka , PE</FONT> <BR><FONT size=3D2>Sr. =
Principal=20
Engineer</FONT> <BR><FONT size=3D2>Baxter Healthcare =
Corporation</FONT>=20
<BR><FONT size=3D2>Route 120 & Wilson Road</FONT> <BR><FONT =
size=3D2>Round=20
Lake, IL 60073</FONT> <BR><FONT size=3D2>Tel (847) 270-4075</FONT> =
<BR><FONT=20
size=3D2>Fax (847) 270-4525</FONT> <BR><FONT=20
size=3D2>michael_niemotka@baxter.com</FONT> </P><BR>
<P><FONT=20
=
size=3D2> &nbs=
p;  =
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</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
"Mike=20
=
Gibbons"  =
; =
&=
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sp; &nbs=
p;  =
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</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
=
<mike@proactech.com>  =
;=20
To: =20
=
canslim@lists.xmission.com  =
; =
&=
nbsp; =20
</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
Sent=20
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by: &nbs=
p; =20
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cc: &nbs=
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</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
owner-canslim@lists.xm =20
Subject: RE: [CANSLIM] LF - Frustration! Could =
I have=20
gotten in </FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
=
ission.com &nb=
sp; =20
=
yesterday? &nb=
sp; &nbs=
p;  =
; =
&=
nbsp; =20
</FONT></P>
<P><FONT=20
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size=3D2> &nbs=
p;  =
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sp; &nbs=
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</FONT></P>
<P><FONT=20
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</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
08/20/2003 05:05=20
=
PM  =
; =
&=
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p; =20
</FONT></P>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
Please respond=20
=
to  =
; =
&=
nbsp; &n=
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sp; &nbs=
p;  =
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</FONT></P>
<P><FONT=20
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size=3D2> &nbs=
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=
canslim =
&=
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p;  =
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</FONT></P>
<P><FONT=20
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size=3D2> &nbs=
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</FONT></P>
<P><FONT=20
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size=3D2> &nbs=
p;  =
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sp; &nbs=
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</FONT></P><BR><BR><BR><BR>
<P><FONT size=3D2>Hi Mike,</FONT> </P>
<P><FONT size=3D2>As I see it, there are two components to a breakout =
- - price=20
and volume.</FONT> <BR><FONT size=3D2>There is certainly room for =
debate over=20
what period the volume must be</FONT> <BR><FONT size=3D2>sustained to =
qualify=20
for the 150% of adv - is it the exact day of the</FONT> <BR><FONT=20
size=3D2>breakout attempt or could the volume come in over several =
days? So=20
provided</FONT> <BR><FONT size=3D2>a stock closes above it's pivot on =
less than=20
150% volume, it could be</FONT> <BR><FONT size=3D2>called</FONT> =
<BR><FONT=20
size=3D2>a weak breakout which may or may not be sustained over the =
next few=20
days.</FONT> <BR><FONT size=3D2>We</FONT> <BR><FONT size=3D2>currently =
put a=20
strict interpretation on the breakout rule and call it a</FONT> =
<BR><FONT=20
size=3D2>failed breakout if the price AND volume criteria are not =
met.</FONT>=20
</P>
<P><FONT size=3D2>I feel there is less room for debate over the price =
action.=20
Today's</FONT> <BR><FONT size=3D2>intraday</FONT> <BR><FONT =
size=3D2>high was=20
above the previous pivot but it closed below indicating that =
the</FONT>=20
<BR><FONT size=3D2>sellers had the upper hand at the end of the day. =
Because the=20
intraday high</FONT> <BR><FONT size=3D2>was above the old pivot, a new =
pivot was=20
set and I think it's appropriate</FONT> <BR><FONT size=3D2>to</FONT> =
<BR><FONT=20
size=3D2>consider any future action in relation to that new pivot =
rather than=20
the</FONT> <BR><FONT size=3D2>old</FONT> <BR><FONT =
size=3D2>one.</FONT> </P>
<P><FONT size=3D2>Regardless of these somewhat arcane issues, it seems =
to me=20
that the current</FONT> <BR><FONT size=3D2>price/volume action of LF =
is volatile=20
and while obviously good profits can</FONT> <BR><FONT size=3D2>be had, =
they are=20
at a high risk. I have a low risk tolerance and would</FONT> <BR><FONT =
size=3D2>avoid</FONT> <BR><FONT size=3D2>it - I've been whipsawed out =
of this one=20
before!</FONT> </P>
<P><FONT size=3D2>Aloha,</FONT> </P>
<P><FONT size=3D2>Mike Gibbons</FONT> <BR><FONT size=3D2><A=20
href=3D"http://www.proactech.com"=20
target=3D_blank>http://www.proactech.com</A></FONT> </P><BR>
<P><FONT size=3D2>-----Original Message-----</FONT> <BR><FONT =
size=3D2>From:=20
owner-canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>[<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lis=
ts.xmission.com</A>]On=20
Behalf Of</FONT> <BR><FONT size=3D2>michael_niemotka@baxter.com</FONT> =
<BR><FONT=20
size=3D2>Sent: Wednesday, August 20, 2003 11:25 AM</FONT> <BR><FONT =
size=3D2>To:=20
canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>Subject: RE: =
[CANSLIM] LF -=20
Frustration! Could I have gotten in</FONT> <BR><FONT =
size=3D2>yesterday?</FONT>=20
</P><BR><BR>
<P><FONT size=3D2>Mike,</FONT> </P>
<P><FONT size=3D2>I understand that the way you described it is how =
the=20
algorithm at</FONT> <BR><FONT size=3D2>breakoutwatch will watch the =
chart, but=20
from a human eye perspective, it</FONT> <BR><FONT size=3D2>could be =
possible=20
that the breakout will be sustained tomorrow.</FONT> <BR><FONT =
size=3D2>If it is=20
again on high volume, would it not offer a valid entry point? I =
am</FONT>=20
<BR><FONT size=3D2>speaking in a strictly WON interpretation, but of =
course I am=20
going from</FONT> <BR><FONT size=3D2>memory here, and it is the end of =
a long=20
day.....</FONT> <BR><FONT size=3D2>Did you make your software handle a =
failed=20
breakout in this fashion because</FONT> <BR><FONT size=3D2>of =
backtesting, or=20
your interpretation of WON rules.</FONT> </P>
<P><FONT size=3D2>Keep up the great work.</FONT> </P>
<P><FONT size=3D2>Mike</FONT> </P>
<P><FONT size=3D2>Mike Niemotka , PE</FONT> <BR><FONT size=3D2>Sr. =
Principal=20
Engineer</FONT> <BR><FONT size=3D2>Baxter Healthcare =
Corporation</FONT>=20
<BR><FONT size=3D2>Route 120 & Wilson Road</FONT> <BR><FONT =
size=3D2>Round=20
Lake, IL 60073</FONT> <BR><FONT size=3D2>Tel (847) 270-4075</FONT> =
<BR><FONT=20
size=3D2>Fax (847) 270-4525</FONT> <BR><FONT=20
size=3D2>michael_niemotka@baxter.com</FONT> </P><BR><BR>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
"Mike Gibbons"</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
=
<mike@proactech.com>  =
;=20
To:</FONT> <BR><FONT size=3D2>canslim@lists.xmission.com</FONT> =
<BR><FONT=20
=
size=3D2> &nbs=
p; =20
Sent=20
=
by: &nbs=
p; =20
cc:</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
owner-canslim@lists.xm =20
Subject: RE: [CANSLIM]</FONT> <BR><FONT =
size=3D2>LF -=20
Frustration! Could I have gotten in</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
=
ission.com &nb=
sp; =20
yesterday?</FONT> </P><BR>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
08/20/2003 03:41 PM</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
Please respond to</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
canslim</FONT> </P><BR><BR><BR><BR><BR>
<P><FONT size=3D2>LF failed to sustain its move above it's pivot point =
of $34.77=20
set on 6/18</FONT> <BR><FONT size=3D2>today.</FONT> </P>
<P><FONT size=3D2>The effect of this is that has now set a new pivot =
point of=20
today's high of</FONT> <BR><FONT size=3D2>$34.99, with the left side =
of the cup=20
unchanged at $35.70 on 12/03/02. The</FONT> <BR><FONT size=3D2>next =
few days=20
will show if it forms a new handle and presents another valid</FONT> =
<BR><FONT=20
size=3D2>entry point. If it were to do so, the action in the right =
side of the=20
cup</FONT> <BR><FONT size=3D2>leading up to the new pivot point would =
not seem=20
to favor a strong breakout</FONT> <BR><FONT size=3D2>from the new =
pivot=20
point.</FONT> </P>
<P><FONT size=3D2>Aloha,</FONT> </P>
<P><FONT size=3D2>Mike Gibbons</FONT> <BR><FONT size=3D2><A=20
href=3D"http://www.proactech.com"=20
target=3D_blank>http://www.proactech.com</A></FONT> </P><BR>
<P><FONT size=3D2>-----Original Message-----</FONT> <BR><FONT =
size=3D2>From:=20
owner-canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>[<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lis=
ts.xmission.com</A>]On=20
Behalf Of</FONT> <BR><FONT size=3D2>michael_niemotka@baxter.com</FONT> =
<BR><FONT=20
size=3D2>Sent: Wednesday, August 20, 2003 10:16 AM</FONT> <BR><FONT =
size=3D2>To:=20
canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>Subject: RE: =
[CANSLIM] LF -=20
Frustration! Could I have gotten in</FONT> <BR><FONT =
size=3D2>yesterday?</FONT>=20
</P><BR><BR>
<P><FONT size=3D2>I personally hate watching something like the LF =
scenario, and=20
having to</FONT> <BR><FONT size=3D2>make the choice to sell off a =
stock that may=20
be doing okay, that is giving</FONT> <BR><FONT size=3D2>no sell signs, =
in order=20
to free up capital to make the purchase. Then of</FONT> =
<BR><FONT=20
size=3D2>course, the new stock reverses, and the one you sold takes =
off to=20
the</FONT> <BR><FONT size=3D2>sky.....</FONT> </P>
<P><FONT size=3D2>Thanks for letting me hop on the "things that =
frustrate=20
investors"</FONT> <BR><FONT size=3D2>bandwagon. You Texans sure =
know how=20
to draw a wagon train! :)</FONT> </P>
<P><FONT size=3D2>Mike</FONT> </P>
<P><FONT size=3D2>Mike Niemotka , PE</FONT> <BR><FONT size=3D2>Sr. =
Principal=20
Engineer</FONT> <BR><FONT size=3D2>Baxter Healthcare =
Corporation</FONT>=20
<BR><FONT size=3D2>Route 120 & Wilson Road</FONT> <BR><FONT =
size=3D2>Round=20
Lake, IL 60073</FONT> <BR><FONT size=3D2>Tel (847) 270-4075</FONT> =
<BR><FONT=20
size=3D2>Fax (847) 270-4525</FONT> <BR><FONT=20
size=3D2>michael_niemotka@baxter.com</FONT> </P><BR><BR>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
Tomas</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
=
<tomas986@yahoo.com>  =
;=20
To:</FONT> <BR><FONT size=3D2>canslim@lists.xmission.com</FONT> =
<BR><FONT=20
=
size=3D2> &nbs=
p; =20
Sent=20
=
by: &nbs=
p; =20
cc:</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
owner-canslim@lists.xm =20
Subject: RE: [CANSLIM]</FONT> <BR><FONT =
size=3D2>LF -=20
Frustration! Could I have gotten in</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
=
ission.com &nb=
sp; =20
yesterday?</FONT> </P><BR>
<P><FONT=20
=
size=3D2> &nbs=
p; =20
08/20/2003 03:01 PM</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
Please respond to</FONT> <BR><FONT=20
=
size=3D2> &nbs=
p; =20
canslim</FONT> </P><BR><BR><BR><BR><BR>
<P><FONT size=3D2>Kelly,</FONT> </P>
<P><FONT size=3D2>Sounds like you are asking if there is any way =
we</FONT>=20
<BR><FONT size=3D2>could figure out a way to predict the future. =
:).</FONT> </P>
<P><FONT size=3D2>j/k.</FONT> </P>
<P><FONT size=3D2>In any case, I know how you feel. I think=20
everyone</FONT> <BR><FONT size=3D2>here has been in that situation at =
one time=20
or</FONT> <BR><FONT size=3D2>another, and probably more times. =
Actually,=20
it</FONT> <BR><FONT size=3D2>happens to me a few times the last few=20
months. Been</FONT> <BR><FONT size=3D2>eyeing a stock for a long =
time, and=20
seeing it about to</FONT> <BR><FONT size=3D2>BO. Then it BO with =
a %10+=20
price. Then I just jump</FONT> <BR><FONT size=3D2>up and down =
and curse at=20
the air. :).</FONT> </P>
<P><FONT size=3D2>Look at the bright side, it is still withing the =
entry</FONT>=20
<BR><FONT size=3D2>point.</FONT> </P><BR>
<P><FONT size=3D2>Your Fellow Texan,</FONT> <BR><FONT =
size=3D2>tomas</FONT>=20
</P><BR>
<P><FONT size=3D2>--- michael_niemotka@baxter.com wrote:</FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> Brad,</FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> I'm sorry, I meant to say =
8/14 NOT=20
7/14. Sorry</FONT> <BR><FONT size=3D2>> about =
that.</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Mike</FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>> Mike=20
Niemotka , PE</FONT> <BR><FONT size=3D2>> Sr. Principal =
Engineer</FONT>=20
<BR><FONT size=3D2>> Baxter Healthcare Corporation</FONT> <BR><FONT =
size=3D2>> Route 120 & Wilson Road</FONT> <BR><FONT =
size=3D2>> Round=20
Lake, IL 60073</FONT> <BR><FONT size=3D2>> Tel (847) =
270-4075</FONT>=20
<BR><FONT size=3D2>> Fax (847) 270-4525</FONT> <BR><FONT =
size=3D2>>=20
michael_niemotka@baxter.com</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
bflauaus</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT=20
=
size=3D2>> =
=20
<bflauaus@swbell.net> =20
To:</FONT> <BR><FONT size=3D2>> =20
canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
=
size=3D2>> =
=20
Sent=20
=
by: &nbs=
p; =20
cc:</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
owner-canslim@lists.xm</FONT> <BR><FONT size=3D2>>=20
Subject: RE: [CANSLIM] LF - Frustration! Could =
I</FONT> <BR><FONT size=3D2>> have gotten in</FONT> <BR><FONT=20
=
size=3D2>> =
=20
ission.com</FONT> <BR><FONT size=3D2>> yesterday?</FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
08/20/2003 02:48 PM</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
Please respond to</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
canslim</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>> Mike,</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> I looked at the LF on 7/14 and cannot identify =
the</FONT>=20
<BR><FONT size=3D2>> MACD crossover. I see</FONT> <BR><FONT =
size=3D2>>=20
x-overs on the 8th and 28th, but not the 14th.</FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> Am I missing something =
here? I=20
am using MACD(12,26)</FONT> <BR><FONT size=3D2>> and MACD =
EMA(9).</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Brad</FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> -----Original =
Message-----</FONT>=20
<BR><FONT size=3D2>> From: owner-canslim@lists.xmission.com</FONT> =
<BR><FONT=20
size=3D2>> [<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lis=
ts.xmission.com</A>]On=20
Behalf</FONT> <BR><FONT size=3D2>> Of</FONT> <BR><FONT =
size=3D2>>=20
michael_niemotka@baxter.com</FONT> <BR><FONT size=3D2>> Sent: =
Wednesday,=20
August 20, 2003 1:27 PM</FONT> <BR><FONT size=3D2>> To:=20
canslim@lists.xmission.com</FONT> <BR><FONT size=3D2>> Subject: Re: =
[CANSLIM]=20
LF - Frustration! Could I</FONT> <BR><FONT size=3D2>> have gotten =
in</FONT>=20
<BR><FONT size=3D2>> yesterday?</FONT> <BR><FONT =
size=3D2>></FONT> <BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>>=20
Kelly,</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> I =
have also=20
been watching LF.</FONT> <BR><FONT size=3D2>> I would however, =
argue that the=20
pivot point is at</FONT> <BR><FONT size=3D2>> $34.77 (high on =
6/18),</FONT>=20
<BR><FONT size=3D2>> and that even though it would be nice to have =
the</FONT>=20
<BR><FONT size=3D2>> 9+% gain from today, on</FONT> <BR><FONT =
size=3D2>> top=20
of any future profits, if you are following</FONT> <BR><FONT =
size=3D2>>=20
CANSLIM then you wait for</FONT> <BR><FONT size=3D2>> high vol =
breakout above=20
the pivot. (That could</FONT> <BR><FONT size=3D2>> still =
happen today,=20
since</FONT> <BR><FONT size=3D2>> it was above 34.77 =
intraday).</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> As far as =
technical=20
indicators, on 7/14 the MACD</FONT> <BR><FONT size=3D2>> crossed =
over the=20
signal</FONT> <BR><FONT size=3D2>> line, which some people take as =
a buy=20
sign. I have</FONT> <BR><FONT size=3D2>> been checking this</FONT> =
<BR><FONT=20
size=3D2>> signal as a secondary confirmation when I see a</FONT> =
<BR><FONT=20
size=3D2>> breakout occurring, but</FONT> <BR><FONT size=3D2>> =
have not done=20
extensive backtesting on this.</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> I know how you feel when you see a huge single =
day</FONT>=20
<BR><FONT size=3D2>> gain on a stock that you</FONT> <BR><FONT =
size=3D2>>=20
are willing to purchase, but if you choose to enter</FONT> <BR><FONT=20
size=3D2>> a position prior to a</FONT> <BR><FONT size=3D2>> =
breakout, you=20
do so at addition risk.</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> You just have to decide how the risk reward ratio</FONT> =
<BR><FONT=20
size=3D2>> fits into your personal</FONT> <BR><FONT size=3D2>> =
style.</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Mike</FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> Mike Niemotka , PE</FONT> =
<BR><FONT=20
size=3D2>> Sr. Principal Engineer</FONT> <BR><FONT size=3D2>> =
Baxter=20
Healthcare Corporation</FONT> <BR><FONT size=3D2>> Route 120 & =
Wilson=20
Road</FONT> <BR><FONT size=3D2>> Round Lake, IL 60073</FONT> =
<BR><FONT=20
size=3D2>> Tel (847) 270-4075</FONT> <BR><FONT size=3D2>> Fax =
(847)=20
270-4525</FONT> <BR><FONT size=3D2>> =
michael_niemotka@baxter.com</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT=20
=
size=3D2>> =
=20
"Kelly Short"</FONT> <BR><FONT=20
=
size=3D2>> =
=20
<kelly.short@fw.us.neo =
To:</FONT>=20
<BR><FONT size=3D2>> canslim@lists.xmission.com</FONT> <BR><FONT=20
=
size=3D2>> =
=20
=
ris.com> &n=
bsp; =20
cc:</FONT> <BR><FONT=20
=
size=3D2>> =
=20
Sent by:</FONT> <BR><FONT size=3D2>> =
Subject: =20
[CANSLIM] LF</FONT> <BR><FONT size=3D2>> -</FONT> <BR><FONT =
size=3D2>>=20
Frustration! Could I have gotten in yesterday?</FONT> <BR><FONT=20
=
size=3D2>> =
=20
owner-canslim@lists.xm</FONT> <BR><FONT=20
=
size=3D2>> =
=20
ission.com</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT=20
=
size=3D2>> =
=20
08/20/2003 01:03 PM</FONT> <BR><FONT=20
=
size=3D2>> =
=20
Please respond to</FONT> <BR><FONT=20
=
size=3D2>> =
=20
canslim</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>> Folks,=20
(that's Texan for "Everyone")</FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> LF has been on my watch list and I was awaiting =
an</FONT>=20
<BR><FONT size=3D2>> alert from my</FONT> <BR><FONT size=3D2>>=20
breakoutwatch.com subscription which if I had</FONT> <BR><FONT =
size=3D2>>=20
received I was planning to</FONT> <BR><FONT size=3D2>> purchase it. =
Today, LF=20
broke out and by the time I</FONT> <BR><FONT size=3D2>> was able to =
check=20
the</FONT> <BR><FONT size=3D2>> breakout alert and stock action it =
was=20
already up 9%</FONT> <BR><FONT size=3D2>> for the day, but =
not</FONT>=20
<BR><FONT size=3D2>> yet above the breakout price. I could have =
gotten</FONT>=20
<BR><FONT size=3D2>> in, and might still do</FONT> <BR><FONT =
size=3D2>> that=20
tomorrow if it pulls back, but I am frustrated</FONT> <BR><FONT =
size=3D2>>=20
that a stock, on my</FONT> <BR><FONT size=3D2>> watch list, which I =
was=20
willing to purchase, would</FONT> <BR><FONT size=3D2>> run up so =
much before=20
I</FONT> <BR><FONT size=3D2>> could do anything about it. =
Therefore, I pose=20
the</FONT> <BR><FONT size=3D2>> following question:</FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>> Given the action of LF =
(see attached=20
chart) are</FONT> <BR><FONT size=3D2>> there any technical</FONT> =
<BR><FONT=20
size=3D2>> indicators that could have notified me =
**yesterday**</FONT>=20
<BR><FONT size=3D2>> that this stock was</FONT> <BR><FONT =
size=3D2>> going=20
to rocket off today? Is it reasonable to</FONT> <BR><FONT =
size=3D2>> believe=20
I could have bought</FONT> <BR><FONT size=3D2>> the stock yesterday =
to=20
participate in today's action</FONT> <BR><FONT size=3D2>> and still =
be=20
following</FONT> <BR><FONT size=3D2>> CANSLIM rules? I would =
greatly=20
appreciate anyone's</FONT> <BR><FONT size=3D2>> advice on =
this.</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Frustrated =
Texan,</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Kelly</FONT> =
<BR><FONT=20
size=3D2>> (See attached file: LF.gif)</FONT> <BR><FONT =
size=3D2>></FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> -</FONT> <BR><FONT size=3D2>> -To =
subscribe/unsubscribe,=20
email</FONT> <BR><FONT size=3D2>> "majordomo@xmission.com"</FONT> =
<BR><FONT=20
size=3D2>> -In the email body, write "subscribe canslim" or</FONT> =
<BR><FONT=20
size=3D2>> -"unsubscribe canslim". Do not use quotes in =
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<BR><FONT size=3D2>> email.</FONT> <BR><FONT size=3D2>></FONT> =
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size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
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<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>></FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
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