From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2030 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Saturday, January 12 2002 Volume 02 : Number 2030 In this issue: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Re: [CANSLIM] ASIA? ---------------------------------------------------------------------- Date: Sat, 12 Jan 2002 18:39:53 +0200 From: "dannygottlieb" Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! This is a multi-part message in MIME format. - ------=_NextPart_000_0090_01C19B98.864E57A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Congratulations, Tom, and very well deserved.Now that we have the = article, when do you publish your book on CANSLIM investing? I am sure it would = give HTMMIS some competition and fill in a lot of blanks. Danny ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 12, 2002 7:17 AM Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Ah, gee, Katherine, now you got me blushing! Never been accused of = kindness before, certainly not at work where I am a harsh taskmaster. = And quite a few other adjectives have been used about me here in this = group over the years, I think you just caught the "friendly" chapter in = the archives. I must be getting mellow in my old age. I'll try to do = better in the future. =20 Ego not withstanding, I must admit I enjoyed the process. Claire was a = very good reporter, accurate no less. Unlike other reporters (and I = presume she is reading this along with some other unknown IBD reporters) = I have dealt with over the years, she didn't seem to have a personal = agenda, just interested in an accurate article.=20 =20 Thanks to all for all the kind words. It does feed my ego. Now, I'll = have to respond with an inflated Weekend Weeview, and some good reviews = or picks. =20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:04 AM Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Thanks for the kind words, John. Before joining the list, I read a = couple of months of archives and it was clear Tom was the list's guiding = force who set a tone of kindness, intelligence and wit. I'm just tickled = that he's been recognized after so many years of faithful service. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: 'canslim@lists.xmission.com'=20 Sent: Friday, January 11, 2002 6:57 AM Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big = TIme!! Although I mostly lurk here, I have to add my congratulations too. =20 Tom, Katherine and many others here provide intelligent = discussions that make this a truly valuable message board, which I find = to be rare in the world of online investing information. =20 Congratulations Tom and THANKS. - ------=_NextPart_000_0090_01C19B98.864E57A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Congratulations, Tom, and very well deserved.Now = that we=20 have the article,
 when do you=20 publish  your book = on CANSLIM=20 investing? I am sure it would
give HTMMIS = some competition=20 and fill in a lot of blanks.
    Danny
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Saturday, January 12, = 2002 7:17=20 AM
Subject: Re: [CANSLIM] Our Very = Own Tom=20 Worley Makes the Big TIme!!

Ah, gee, Katherine, now you got me blushing! = Never been=20 accused of kindness before, certainly not at work where I am a harsh=20 taskmaster. And quite a few other adjectives have been used about me = here in=20 this group over the years, I think you just caught the "friendly" = chapter in=20 the archives. I must be getting mellow in my old age. I'll try to do = better in=20 the future.
 
Ego not withstanding, I must admit I enjoyed = the=20 process. Claire was a very good reporter, accurate no less. Unlike = other=20 reporters (and I presume she is reading this along with some other = unknown IBD=20 reporters) I have dealt with over the years, she didn't seem to have a = personal agenda, just interested in an accurate article.
 
Thanks to all for all the kind words. It does = feed my=20 ego. Now, I'll have to respond with an inflated Weekend Weeview, and = some good=20 reviews or picks.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com =
Sent: Friday, January 11, = 2002 8:04=20 AM
Subject: Re: [CANSLIM] Our = Very Own Tom=20 Worley Makes the Big TIme!!

Thanks for the kind words, John. Before joining the list, I = read a=20 couple of months of archives and it was clear Tom was the=20 list's guiding force who set a tone of kindness, intelligence = and wit.=20 I'm just tickled that he's been recognized after so many years of = faithful=20 service.
 
Katherine
----- Original Message ----- =
From:=20 Cefaloni, John L Jr. = [AMSTA-AR-WEA]=20
To: 'canslim@lists.xmission.com' =
Sent: Friday, January 11, = 2002 6:57=20 AM
Subject: RE: [CANSLIM] Our = Very Own=20 Tom Worley Makes the Big TIme!!

Although I mostly lurk here, I have to add my = congratulations=20 too.
 
Tom, Katherine and many others here provide intelligent = discussions=20 that make this a truly valuable message board, which I find to be = rare in=20 the world of online investing information.
 
Congratulations Tom and=20 = THANKS.
= - ------=_NextPart_000_0090_01C19B98.864E57A0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 12 Jan 2002 11:07:44 -0800 From: Joe Maguire Subject: Re: [CANSLIM] ASIA? - --------------8831E6268807038F7BD0D8C6 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Kathern..you send all the charts you like Joe M., San Diego Katherine Malm wrote: > One last view of > ASIA...weekly... http://makeashorterlink.com/?F29F5294 No more charts, > I promise! Katherine > > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 4:15 PM > Subject: Re: [CANSLIM] ASIA? > Wow, that's some link. Here is a suggestion on long links, > I've only used it once, > but it seemed to work. > > http://www.makeashorterlink.com/index.php > > Thanks for the chart. I'll stick with my interpretation, > but I'll add that the handle > seems a little loose, not ideal. I would say the breakout > fails around 19, a 7 to 8% > drop in price from the breakout. I think the pivot point > was close to 20.25 or so, I > tend to discount those intraday spikes, if they occur, and > use the close, so that > would not take the Dec. 4 (or whichever date it was) high > into account, just the > close. Not sure this is a legitimate approach, just a > personal quirk maybe. Anyway, > I think that anyone in this stock should stick with it a bit > longer. > > On 11 Jan 2002 at 15:14, Katherine Malm wrote: > > > Just an experiment, but here's a marked chart: > > > > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > > > > Katherine > > ----- Original Message ----- > > From: Patrick Wahl > > To: canslim@lists.xmission.com > > Sent: Friday, January 11, 2002 2:52 PM > > Subject: RE: [CANSLIM] ASIA? > > > > > > I think we went around about this subject a few months > ago, but I would put a > > different interpretation on the chart. I think the 12/4 > spike marked the end of the > > right side of the cup, and the choppy sideways movement > from that point constitutes > > a handle. So buying on 12/4 was not the proper buy > point. > > > > The more appropriate buy point would be the day in > January where price gapped up > > to close at about 20.90 or so. To me the formation of a > handle part way up a cup > > doesn't make sense. Handles form at logical sell > points, and the logical sell point is > > the resistance formed at the old high - the left side of > the cup around end of June, > > first of July. Without a sort of definite point like an > old high, any consolidation point > > along the way up the right side of the cup can be called > a handle. > > > > Just my interpretation, I think during the discussion of > this point a few months ago I > > was in a decided minority (one, maybe). > > > > On 10 Jan 2002 at 23:30, Dave wrote: > > > > > In hindsight if I had been watching ASIA on 12/4 I > probably would have > > > bought. If you consider 11/27 to be the start of a > short handle, the pivot > > > would be 17.33 and the stock could have been bought up > to 18.20. In this > > > case, you would still be in the stock. > > > > > > As for now, it's definitely a gamble. Personally I > like the month-long > > > consolidation and the near record volume over the past > few days, and think > > > that if the Nasdaq resumes its rally, there's a good > chance ASIA will go > > > along for the ride. > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of esetser > > > > Sent: Thursday, January 10, 2002 11:51 PM > > > > To: canslim@lists.xmission.com > > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > > > > So you only consider cup with handles as true > breakouts? I buy > > > > cups, cup > > > > with handles, double bottoms, and flat bases, maybe > others. > > > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > > >I'm biased, but I prefer to see it as a high handle > beginning > > > > on 12/6. The > > > > >volume that day was not so great, and there was no > true > > > > handle, so I don't > > > > >consider it a true breakout. > > > > > > > > > >The handle beginning after that failure is nice and > long and > > > > volume dried > > > > >up nicely towards the end. The volume on 1/6-1/7 > was very high. > > > > > > > > > >Only time will tell the true story... > > > > > > > > > >> -----Original Message----- > > > > >> From: owner-canslim@lists.xmission.com > > > > >> [mailto:owner-canslim@lists.xmission.com]On > Behalf Of esetser > > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > > >> To: canslim@lists.xmission.com > > > > >> Subject: Re: [CANSLIM] ASIA? > > > > >> > > > > >> > > > > >> I read this one differently. I see ASIA as a > stock with a > > > > breakout to a > > > > >> new on 12/6. (And as a matter of fact, I bot it > that day.) > > > > >> That breakout > > > > >> became suspect as the stock corrected and closed > near its > > > > low during the > > > > >> day, and went on to be a failed breakout for > anyone buying > > > > in during the > > > > >> day. The action since then is short of the 5 > weeks minimum to > > > > >> define a new > > > > >> base, and is confusing in light of the new high > it set.. I'm > > > > >> not sure where > > > > >> I would put a pivot on this one. The volume was > fabulous for 2 > > > > >> days, but > > > > >> has remained almost as high for the last 2 day > pullback, so I > > > > >> would be very > > > > >> cautious. > > > > >> > > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > > >> >Hi, > > > > >> > > > > > >> >Just curious on comment about ASIA. Last few > days it looked > > > > >> to be breaking > > > > >> >out of a nice chart formation. Alas, it seems > to be > > > > breaking down or > > > > >> >allowing for another re-entry point. Any > thoughts? > > > > >> > > > > > >> >Is this stock considered Canslim "worthy" even > though it has > > > > >> seen higher > > > > >> >days (ie. not breaking to new highs)? > > > > >> > > > > > >> >Thanks, > > > > >> >Erik > > > > >> >PS. Forgive me if this has been the topic of > recent > > > > >> discussion. I just moved > > > > >> >and missed the last week of my Canslim Group > emails. > > > > >> > > > > > >> >----- Original Message ----- > > > > >> >From: "Mike Hofmann" > > > > >> >To: > > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > > >> > > > > > >> > > > > > >> >> ... and still more than you really wanted to > know about "kudos": > > > > >> >> > > > > >> >> >From a really cool site called "Take Our Word > For It" > > > > >> >> (http://www.takeourword.com/): > > > > >> >> > > > > >> >> "Kudos is simply Greek for "praise". It is > thought to > > > > have entered > > > > >> >English > > > > >> >> as university slang. By 1799 we have a > back-formed verb > > > > kudize "to > > > > >> >praise", > > > > >> >> so kudos itself was probably in use prior to > that, though > > > > >> the first known > > > > >> >> recorded use of kudos comes from 1831. > Thereafter we find > > > > >> it used by the > > > > >> >> likes of Disraeli and Darwin. Darwin wrote, > in one of his > > > > >> letters: "Lyell > > > > >> >> has read about half of the volume in clean > sheets, and gives > > > > >> me very great > > > > >> >> kudos." > > > > >> >> > > > > >> >> Pronunciation in Britain is "cue-doss" while > in America it > > > > >> is "koo-doze". > > > > >> >> As with many Greek words, -os indicates a > singular noun. > > > > Many people > > > > >> >assume > > > > >> >> kudos is the plural form, with the singular > being a > > > > kudo. They are > > > > >> >wrong. > > > > >> >> Just wrong. > > > > >> >> > > > > >> >> There was once a computer operating system > called QDOS. Was > > > > >> it named by a > > > > >> >> Brit, so that it sounded like kudos, or is > that simply a > > > > >> coincidence?" > > > > >> >> > > > > >> >> ... and there you have it. > > > > >> >> > > > > >> >> > > > > >> >> ----- Original Message ----- > > > > >> >> From: "Warren Keuffel" > > > > > >> >> To: > > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > > >> >> > > > > >> >> > > > > >> >> > Jumping in here for Mike -- "Kudos" > basically means > > > > >> "Congratulations". > > > > >> >> > However I was curious about the > etymology of the word so > > > > >> >> > consulted my American Heritage dictionary > which defines it > > > > >> as "Acclaim > > > > >> >> > or prestige as a result of achievement or > position." But > > > > >> no guidance on > > > > >> >> > etymology, darn it. More than you wanted to > know, right? > > > > >> >> > > > > > >> >> > Warren > > > > >> >> > > > > > >> >> > Andreas Himmelreich wrote: > > > > >> >> > > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > > >> >> > > > > > > >> >> > > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > > >> >> > >>Von: Mike Gibbons > [SMTP:webmaster@cwhcharts.com] > > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 > 7:08 PM > > > > >> >> > >>An: canslim@lists.xmission.com > > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >>Kudos to you, you should be feeling > pleased this morning > > > > >> and justly > > > > >> >so. > > > > >> >> > >> > > > > >> >> > >>Aloha, > > > > >> >> > >> > > > > >> >> > >>Mike Gibbons > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>-----Original Message----- > > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > > >> >> > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > > >> >> > >>To: canslim@lists.xmission.com > > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>True, the handle was a bit sloppy but for > the most part > > > > >> volume in the > > > > >> >> > >>handle was below normal. It also made a > pretty nice ascending > > > > >> >triangle. > > > > >> >> > >> > > > > >> >> > >>As for the action at the end of the day, I > think you're > > > > >> reading too > > > > >> >much > > > > >> >> > >>into it. The stock made a tremendous surge > on volume in > > > > >> the last half > > > > >> >> hour > > > > >> >> > >>of trading. It then pulled back on lower > volume but > > > > >> didn't undercut > > > > >> >that > > > > >> >> > >>"intraday breakout point". It then found > some new buyers > > > > >> at the very > > > > >> >end > > > > >> >> > >>of the session. > > > > >> >> > >> > > > > >> >> > >>You can find flaws in any chart formation. > I've > > > > missed many huge > > > > >> >winners > > > > >> >> > >>by refusing to buy what I perceived as a > flawed handle, > > > > >> or by putting > > > > >> >> too > > > > >> >> > >>much weight on intraday analysis. Even IBD > will go on to > > > > >> call "perfect > > > > >> >> > >>cup-handle breakouts" on stocks that have > somewhat > > > > questionable > > > > >> >> > >>formations. I won't be surprised to see > DFXI mentioned > > > > >> tomorrow as a > > > > >> >> good > > > > >> >> > >>example. > > > > >> >> > >> > > > > >> >> > >>Of course hindsight is 20/20. Nevertheless > I'm glad I > > > > >> bought yesterday > > > > >> >> :) > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>>>Yes it did but fell back below it's high > of the day. Also, > > > > >> >> > >>>> > > > > >> >> > >>>action in the > > > > >> >> > >>> > > > > >> >> > >>>>handle has been sloppy - one normally > hopes to see price > > > > >> >> > >>>> > > > > >> >> > >>>pullback on falling > > > > >> >> > >>> > > > > >> >> > >>>>volume but in fact it's made a couple of > attempts to BO on > > > > >> >> > >>>> > > > > >> >> > >>>above average > > > > >> >> > >>> > > > > >> >> > >>>>volume since forming the pivot on 12/10. > I wouldn't > > > > >> rush in with an > > > > >> >> > >>>>overnight order! > > > > >> >> > >>>> > > > > >> >> > >>>>Mike Gibbons > > > > >> >> > >>>> > > > > >> >> > >> > > > > >> >> > >>- > > > > >> >> > >>-To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >> > >>-In the email body, write "subscribe > canslim" or > > > > >> >> > >>-"unsubscribe canslim". Do not use quotes > in your email. > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>- > > > > >> >> > >>-To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >> > >>-In the email body, write "subscribe > canslim" or > > > > >> >> > >>-"unsubscribe canslim". Do not use quotes > in your email. > > > > >> >> > >> > > > > >> >> > > > > > > >> >> > >- > > > > >> >> > >-To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >> > >-In the email body, write "subscribe > canslim" or > > > > >> >> > >-"unsubscribe canslim". Do not use quotes > in your email. > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > - > > > > >> >> > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >> > -In the email body, write "subscribe > canslim" or > > > > >> >> > -"unsubscribe canslim". Do not use quotes > in your email. > > > > >> >> > > > > > >> >> > > > > >> >> - > > > > >> >> -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >> -In the email body, write "subscribe canslim" > or > > > > >> >> -"unsubscribe canslim". Do not use quotes in > your email. > > > > >> > > > > > >> > > > > > >> > >_________________________________________________________ > > > > >> >Do You Yahoo!? > > > > >> >Get your free @yahoo.com address at > http://mail.yahoo.com > > > > >> > > > > > >> > > > > > >> >- > > > > >> >-To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> >-In the email body, write "subscribe canslim" or > > > > > >> >-"unsubscribe canslim". Do not use quotes in > your email. > > > > >> > > > > > >> > > > > > >> > > > > >> > > > > >> - > > > > >> -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >> -In the email body, write "subscribe canslim" or > > > > >> -"unsubscribe canslim". Do not use quotes in > your email. > > > > >> > > > > > > > > > > > > > > >- > > > > >-To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > >-In the email body, write "subscribe canslim" or > > > > >-"unsubscribe canslim". Do not use quotes in your > email. > > > > > > > > > > > > > > > > > > > > > > - > > > > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > > -In the email body, write "subscribe canslim" or > > > > -"unsubscribe canslim". Do not use quotes in your > email. > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your > email. > > > > > > > > - > > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your > email. > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - --------------8831E6268807038F7BD0D8C6 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  Kathern..you send all the charts you like Joe M., San Diego

Katherine Malm wrote:

One last view of ASIA...weekly... http://makeashorterlink.com/?F29F5294 No more charts, I promise! Katherine
----- Original Message -----
Sent: Friday, January 11, 2002 4:15 PM
Subject: Re: [CANSLIM] ASIA?
 Wow, that's some link.  Here is a suggestion on long links, I've only used it once,
but it seemed to work.

http://www.makeashorterlink.com/index.php

Thanks for the chart.  I'll stick with my interpretation, but I'll add that the handle
seems a little loose, not ideal.  I would say the breakout fails around 19, a 7 to 8%
drop in price from the breakout.  I think the pivot point was close to 20.25 or so, I
tend to discount those intraday spikes, if they occur, and use the close, so that
would not take the Dec. 4 (or whichever date it was) high into account, just the
close.  Not sure this is a legitimate approach, just a personal quirk maybe.  Anyway,
I think that anyone in this stock should stick with it a bit longer.

On 11 Jan 2002 at 15:14, Katherine Malm wrote:

> Just an experiment, but here's a marked chart:
>
> http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph
>
> Katherine
>   ----- Original Message -----
>   From: Patrick Wahl
>   To: canslim@lists.xmission.com
>   Sent: Friday, January 11, 2002 2:52 PM
>   Subject: RE: [CANSLIM] ASIA?
>
>
>   I think we went around about this subject a few months ago, but I would put a
>   different interpretation on the chart.  I think the 12/4 spike marked the end of the
>   right side of the cup, and the choppy sideways movement from that point constitutes
>   a handle.  So buying on 12/4 was not the proper buy point.
>
>   The more appropriate buy point would be the day in January where price gapped up
>   to close at about 20.90 or so.  To me the formation of a handle part way up a cup
>   doesn't make sense.  Handles form at logical sell points, and the logical sell point is
>   the resistance formed at the old high - the left side of the cup around end of June,
>   first of July.  Without a sort of definite point like an old high, any consolidation point
>   along the way up the right side of the cup can be called a handle.
>
>   Just my interpretation, I think during the discussion of this point a few months ago I
>   was in a decided minority (one, maybe).
>
>   On 10 Jan 2002 at 23:30, Dave wrote:
>
>   > In hindsight if I had been watching ASIA on 12/4 I probably would have
>   > bought. If you consider 11/27 to be the start of a short handle, the pivot
>   > would be 17.33 and the stock could have been bought up to 18.20. In this
>   > case, you would still be in the stock.
>   >
>   > As for now, it's definitely a gamble. Personally I like the month-long
>   > consolidation and the near record volume over the past few days, and think
>   > that if the Nasdaq resumes its rally, there's a good chance ASIA will go
>   > along for the ride.
>   >
>   >
>   > > -----Original Message-----
>   > > From: owner-canslim@lists.xmission.com
>   > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > Sent: Thursday, January 10, 2002 11:51 PM
>   > > To: canslim@lists.xmission.com
>   > > Subject: RE: [CANSLIM] ASIA?
>   > >
>   > >
>   > > So you only consider cup with handles as true breakouts?  I buy
>   > > cups, cup
>   > > with handles, double bottoms, and flat bases, maybe others.
>   > >
>   > > At 10:44 PM 1/10/02 -0500, you wrote:
>   > > >I'm biased, but I prefer to see it as a high handle beginning
>   > > on 12/6. The
>   > > >volume that day was not so great, and there was no true
>   > > handle, so I don't
>   > > >consider it a true breakout.
>   > > >
>   > > >The handle beginning after that failure is nice and long and
>   > > volume dried
>   > > >up nicely towards the end. The volume on 1/6-1/7 was very high.
>   > > >
>   > > >Only time will tell the true story...
>   > > >
>   > > >> -----Original Message-----
>   > > >> From: owner-canslim@lists.xmission.com
>   > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > >> Sent: Thursday, January 10, 2002 11:25 PM
>   > > >> To: canslim@lists.xmission.com
>   > > >> Subject: Re: [CANSLIM] ASIA?
>   > > >>
>   > > >>
>   > > >> I read this one differently.  I see ASIA as a stock with a
>   > > breakout to a
>   > > >> new on 12/6.  (And as a matter of fact, I bot it that day.)
>   > > >> That breakout
>   > > >> became suspect as the stock corrected and closed near its
>   > > low during the
>   > > >> day, and went on to be a failed breakout for anyone buying
>   > > in during the
>   > > >> day.  The action since then is short of the 5 weeks minimum to
>   > > >> define a new
>   > > >> base, and is confusing in light of the new high it set.. I'm
>   > > >> not sure where
>   > > >> I would put a pivot on this one.  The volume was fabulous for 2
>   > > >> days, but
>   > > >> has remained almost as high for the last 2 day pullback, so I
>   > > >> would be very
>   > > >> cautious.
>   > > >>
>   > > >> At 04:58 PM 1/10/02 -0500, you wrote:
>   > > >> >Hi,
>   > > >> >
>   > > >> >Just curious on comment about ASIA.  Last few days it looked
>   > > >> to be breaking
>   > > >> >out of a nice chart formation.  Alas, it seems to be
>   > > breaking down or
>   > > >> >allowing for another re-entry point.  Any thoughts?
>   > > >> >
>   > > >> >Is this stock considered Canslim "worthy" even though it has
>   > > >> seen higher
>   > > >> >days (ie. not breaking to new highs)?
>   > > >> >
>   > > >> >Thanks,
>   > > >> >Erik
>   > > >> >PS. Forgive me if this has been the topic of recent
>   > > >> discussion. I just moved
>   > > >> >and missed the last week of my Canslim Group emails.
>   > > >> >
>   > > >> >----- Original Message -----
>   > > >> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
>   > > >> >To: <canslim@lists.xmission.com>
>   > > >> >Sent: Thursday, January 10, 2002 1:08 PM
>   > > >> >Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >
>   > > >> >
>   > > >> >> ... and still more than you really wanted to know about "kudos":
>   > > >> >>
>   > > >> >> >From a really cool site called "Take Our Word For It"
>   > > >> >> (http://www.takeourword.com/):
>   > > >> >>
>   > > >> >> "Kudos is simply Greek for "praise".  It is thought to
>   > > have entered
>   > > >> >English
>   > > >> >> as university slang.  By 1799 we have a back-formed verb
>   > > kudize "to
>   > > >> >praise",
>   > > >> >> so kudos itself was probably in use prior to that, though
>   > > >> the first known
>   > > >> >> recorded use of kudos comes from 1831.  Thereafter we find
>   > > >> it used by the
>   > > >> >> likes of Disraeli and Darwin.  Darwin wrote, in one of his
>   > > >> letters: "Lyell
>   > > >> >> has read about half of the volume in clean sheets, and gives
>   > > >> me very great
>   > > >> >> kudos."
>   > > >> >>
>   > > >> >> Pronunciation in Britain is "cue-doss" while in America it
>   > > >> is "koo-doze".
>   > > >> >> As with many Greek words, -os indicates a singular noun.
>   > > Many people
>   > > >> >assume
>   > > >> >> kudos is the  plural form, with the singular being a
>   > > kudo.  They are
>   > > >> >wrong.
>   > > >> >> Just wrong.
>   > > >> >>
>   > > >> >> There was once a computer operating system called QDOS.  Was
>   > > >> it named by a
>   > > >> >> Brit, so that it sounded like kudos, or is that simply a
>   > > >> coincidence?"
>   > > >> >>
>   > > >> >> ... and there you have it.
>   > > >> >>
>   > > >> >>
>   > > >> >> ----- Original Message -----
>   > > >> >> From: "Warren Keuffel" <wkeuffel@xmission.com>
>   > > >> >> To: <canslim@lists.xmission.com>
>   > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM
>   > > >> >> Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >>
>   > > >> >>
>   > > >> >> > Jumping in here for Mike -- "Kudos" basically means
>   > > >> "Congratulations".
>   > > >> >> >  However <ahem> I was curious about the etymology of the word so
>   > > >> >> > consulted my American Heritage dictionary which defines it
>   > > >> as  "Acclaim
>   > > >> >> > or prestige as a result of achievement or position." But
>   > > >> no guidance on
>   > > >> >> > etymology, darn it.  More than you wanted to know, right? <g>
>   > > >> >> >
>   > > >> >> > Warren
>   > > >> >> >
>   > > >> >> > Andreas Himmelreich wrote:
>   > > >> >> >
>   > > >> >> > >Sorry to ask Mike, what means Kudos?
>   > > >> >> > >
>   > > >> >> > >
>   > > >> >> > >>-----Ursprungliche Nachricht-----
>   > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com]
>   > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM
>   > > >> >> > >>An: canslim@lists.xmission.com
>   > > >> >> > >>Betreff: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>Kudos to you, you should be feeling pleased this morning
>   > > >> and justly
>   > > >> >so.
>   > > >> >> > >>
>   > > >> >> > >>Aloha,
>   > > >> >> > >>
>   > > >> >> > >>Mike Gibbons
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>-----Original Message-----
>   > > >> >> > >>From: owner-canslim@lists.xmission.com
>   > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave
>   > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM
>   > > >> >> > >>To: canslim@lists.xmission.com
>   > > >> >> > >>Subject: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>True, the handle was a bit sloppy but for the most part
>   > > >> volume in the
>   > > >> >> > >>handle was below normal. It also made a pretty nice ascending
>   > > >> >triangle.
>   > > >> >> > >>
>   > > >> >> > >>As for the action at the end of the day, I think you're
>   > > >> reading too
>   > > >> >much
>   > > >> >> > >>into it. The stock made a tremendous surge on volume in
>   > > >> the last half
>   > > >> >> hour
>   > > >> >> > >>of trading. It then pulled back on lower volume but
>   > > >> didn't undercut
>   > > >> >that
>   > > >> >> > >>"intraday breakout point". It then found some new buyers
>   > > >> at the very
>   > > >> >end
>   > > >> >> > >>of the session.
>   > > >> >> > >>
>   > > >> >> > >>You can find flaws in any chart formation. I've
>   > > missed many huge
>   > > >> >winners
>   > > >> >> > >>by refusing to buy what I perceived as a flawed handle,
>   > > >> or by putting
>   > > >> >> too
>   > > >> >> > >>much weight on intraday analysis. Even IBD will go on to
>   > > >> call "perfect
>   > > >> >> > >>cup-handle breakouts" on stocks that have somewhat
>   > > questionable
>   > > >> >> > >>formations. I won't be surprised to see DFXI mentioned
>   > > >> tomorrow as a
>   > > >> >> good
>   > > >> >> > >>example.
>   > > >> >> > >>
>   > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I
>   > > >> bought yesterday
>   > > >> >> :)
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also,
>   > > >> >> > >>>>
>   > > >> >> > >>>action in the
>   > > >> >> > >>>
>   > > >> >> > >>>>handle has been sloppy - one normally hopes to see price
>   > > >> >> > >>>>
>   > > >> >> > >>>pullback on falling
>   > > >> >> > >>>
>   > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on
>   > > >> >> > >>>>
>   > > >> >> > >>>above average
>   > > >> >> > >>>
>   > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't
>   > > >> rush in with an
>   > > >> >> > >>>>overnight order!
>   > > >> >> > >>>>
>   > > >> >> > >>>>Mike Gibbons
>   > > >> >> > >>>>
>   > > >> >> > >>
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