Cup w/ Handles

[IIC]

Hope some of you caught HOS on the b/o...I bot it as I posted on my thread...Looks like I sold too early...But I'll take it

[brd]

Bid

Take a look at BID. Nice volume today after touching the 50d on Tuesday.

[brd]

Aco Aixg

Another one. ACO forming a handle this week with decreasing volume.

Also AIXG. Formed a nice, wide, shallow cup.

[IIC]

Another one. ACO forming a handle this week with decreasing volume.

Also AIXG. Formed a nice, wide, shallow cup.

But there is not much use in trying to out guess the market...Good time to study and get some work done...No trades today

[brd]

But there is not much use in trying to out guess the market...Good time to study and get some work done...No trades today

True. And if I'm a true canslimmer I'll now sit out and wait for a follow-through day before I get back in. I'm just pointing these charts out and putting them on my watchlist. And with the market being in a correction, there probably won't be any breakouts anyway.

Still, the runup into last week set up a lot of right sides, followed by all the down days have started forming handles. Here's some more I saw:

LAYN, MFE, OMCL, SIGM, VSEA

[IIC]

True. And if I'm a true canslimmer I'll now sit out and wait for a follow-through day before I get back in. I'm just pointing these charts out and putting them on my watchlist. And with the market being in a correction, there probably won't be any breakouts anyway.

Still, the runup into last week set up a lot of right sides, followed by all the down days have started forming handles. Here's some more I saw:

LAYN, MFE, OMCL, SIGM, VSEA

I got the impression before that you were a Canslimmer...But that's OK...I still think you are a good guy

SIGM and VSEA are on our list and are still worth watching...MFE was too however that handle dipped pretty low intraday.

What I've noticed is that down days create more CwH's...However...Extreme down days or a couple days knock many off our list because the handles go too low.

I'm not gonna run my CwH scans again till Saturday...We'll see what pops up...thx...Doug(IIC)

[brd]

I got the impression before that you were a Canslimmer...But that's OK...I still think you are a good guy
(IIC)

I subscribe to IBD, so I guess I'm a canslim guy. I use them for fundamentals and for entries. I rely almost exclusively on c&h's, double bottoms, and 3 wk tight formations. But I disagree with WO's position sizing strategy (or lack of) and am confused by his myriad of sell rules. So I've been working on developing that stuff with ideas from other books and mostly blogs.

Anyway, during this correction I'm going to try to stay sharp. In March I slacked off and didn't have a good list ready to focus my attention on when the follow-through came.

[IIC]

MFE was turned back at Rt side Cup hi

[IIC]

MFE looks good in 36.80's

[IIC]

MFE looks good in 36.80's

Well it did for a while

[IIC]

TUNE is breaking out

[jiesen]

TUNE is breaking out

so are it's earnings. No wonder it's breaking out. 0.04 is more than it's ever earned in a quarter, and it should get better from here. I like this one, and just might take a stab at it for a quick buck.

[IIC]

so are it's earnings. No wonder it's breaking out. 0.04 is more than it's ever earned in a quarter, and it should get better from here. I like this one, and just might take a stab at it for a quick buck.

As I recall, BillyJoe brought that one up

[billyjoe]

As I recall, BillyJoe brought that one up

You ain't just whistling dixie. I was reminded of it by another mutual acquaintence after it faded from my screens a month or so ago.

----------billyjoe

[IIC]

I subscribe to IBD, so I guess I'm a canslim guy. I use them for fundamentals and for entries. I rely almost exclusively on c&h's, double bottoms, and 3 wk tight formations. But I disagree with WO's position sizing strategy (or lack of) and am confused by his myriad of sell rules. So I've been working on developing that stuff with ideas from other books and mostly blogs.

Anyway, during this correction I'm going to try to stay sharp. In March I slacked off and didn't have a good list ready to focus my attention on when the follow-through came.

Sounds like a good plan