Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE


From: "Pete" <peten123@nc.rr.com>
Subject: Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE
Date: Thu, 21 Aug 2003 11:09:59 -0400

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Gene, I was afraid someone would ask that!  With HITK I'd be using my =
small cap rules and with a double or better I'd take half off. I'd also =
pin the earning date on my monitor and take some profits prior to =
earnings release, especially if it's going up before the release.  =
Anyhow, after the high of 49.9 you had an hi vol drop with a low volume =
rally that's a good time.  The dagger would've been on the drop from 41 =
to 32 or so.  A more aggressive sell would have been to sell as it was =
approaching 40 on low volume.

OSTE had what appeared to be a climax run at 14 and another at 16, the =
14 was the best time, note you can lock in partial profits this way and =
worry less.
  ----- Original Message -----=20
  From: Gene Ricci=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, August 21, 2003 10:40 AM
  Subject: Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE


  Hi Pete, when and why should these 2 stocks have been sold 'from a =
CANSLIM point of view'?

  Thanks in advance,
  Gene
    ----- Original Message -----=20
    From: Pete=20
    To: canslim@lists.xmission.com=20
    Sent: Thursday, August 21, 2003 9:34 AM
    Subject: Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE


    IMHO, from a CANSLIM point of view point of view both of these =
stocks (HITK
    and OSTE) should have been sold already.  And, I'd be watching for =
them to
    form a new base and bought when they break out again  A double =
bottom base
    would provide a nice entry pattern (since it gives the lowest entry =
point)
    but this does not appear to be in the works.


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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1226" name=3DGENERATOR>
<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Gene, I was afraid someone would ask =
that!&nbsp;=20
With HITK I'd be using my small cap rules and with a double or better =
I'd take=20
half off.&nbsp;I'd also pin the earning date on my monitor and take some =
profits=20
prior to earnings release, especially if it's going up before the =
release.&nbsp;=20
Anyhow, after the high of 49.9 you had an hi vol drop with a low volume =
rally=20
that's a good time.&nbsp; The dagger would've been on the drop from 41 =
to 32 or=20
so.&nbsp; A more aggressive sell would have been to sell as it was =
approaching=20
40 on low volume.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>OSTE had what appeared to be a climax =
run at 14 and=20
another at 16, the 14 was the best time, note you can lock in partial =
profits=20
this way and worry less.</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene =
Ricci</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, August 21, 2003 =
10:40=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
HITK--Volume=20
  Studies-Part 9, OSTE</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3D"Comic Sans MS">Hi Pete, when and why should these 2 =
stocks=20
  have been sold 'from a CANSLIM point of view'?</FONT></DIV>
  <DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Comic Sans MS">Thanks in advance,</FONT></DIV>
  <DIV><FONT face=3D"Comic Sans MS">Gene</FONT></DIV>
  <BLOCKQUOTE=20
  style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV=20
    style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
    <A title=3Dpeten123@nc.rr.com =
href=3D"mailto:peten123@nc.rr.com">Pete</A> </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, August 21, =
2003 9:34=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
HITK--Volume=20
    Studies-Part 9, OSTE</DIV>
    <DIV><BR></DIV>IMHO, from a CANSLIM point of view point of view both =
of=20
    these stocks (HITK<BR>and OSTE) should have been sold already.&nbsp; =
And,=20
    I'd be watching for them to<BR>form a new base and bought when they =
break=20
    out again&nbsp; A double bottom base<BR>would provide a nice entry =
pattern=20
    (since it gives the lowest entry point)<BR>but this does not appear =
to be in=20
    the works.<BR><BR><BR>-<BR>-To subscribe/unsubscribe, email "<A=20
    =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
    email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
    not use quotes in your =
email.<BR></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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