RE: [CANSLIM] ELBO - thoughts on where to get in?

From: "Fred Richards" <ffradrich@comcast.net>
Subject: RE: [CANSLIM] ELBO - thoughts on where to get in?
Date: Thu, 21 Aug 2003 07:23:28 -0500

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Look on a weekly chart from DGO or a three year chart from Stock Charts.
Connect the high to the lower high to the lower high . . .  That's a
downward sloping trend line.

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Tomas
Sent: Wednesday, August 20, 2003 10:51 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] ELBO - thoughts on where to get in?


Fred,

Not interested in the stock, but just curious.
What do you mean a "downward sloping trend line"? 
Please elaborate.

Thanks,
tomas

- --- Fred Richards <ffr@adrich.com> wrote:
> From a strict WON approach, it is only rated at B +
> 154 (EPS +RS).  WON
> advocates not looking at stocks below 160.  While
> the recent uptrend is
> encouraging and on a weekly chart, the current price
> has penetrated the
> downward sloping trend line, you must ask yourself .
> . . What is my reason
> for investing in this company?
>  
> Your answer to that question will tell you if you
> should buy it today?
> 
> -----Original Message-----
> From: owner-canslim@lists.xmission.com 
> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Krueger, Kevin
> Sent: Wednesday, August 20, 2003 9:00 AM
> To: canslim@lists.xmission.com
> Subject: [CANSLIM] ELBO - thoughts on where to get
> in?
> 
> 
> ELBO has interesting and steady pattern - the kind I
> like - what do you
> think?
>  
> -Kevin
> 
> 


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