Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (3180)	3/22/1998 5:16:00 PM
From: ftth	Read Replies (1) \| Respond to of 6445

Hi Bruce, I picked up some RADAF friday also for the potential breakout (or actual breakout, depending how you define it and how you draw your trendlines). It's shown a tendency to follow thru when it has 3 or more consecutive tight range days with little price progress preceeding the breakout day, so here's hoping history repeats itself. Bought it instead of AHLS, which proceeded to gain 2 1/2 points friday AFTER I chose to go the RADAF route. Maybe a few days down the road, RADAF will catch up. Another I like is MRCY, which I picked up on it's breakout day at around $13. It closed friday at 18 1/4, so it's made a nice move in roughly 20 trading days. Has been a relatively controlled move though, because every price it's traded at (with the exception of the breakout from the 10 3/4 area) has been traded on at least 2 trading days. It's worth looking into if you haven't. Once it makes the IBD friday back page, which I suspect it will over the course of the next month or so (as some of the higher-than 85 EPS stocks report disappointing numbers, MRCY's 81 EPS rank should move up into their vacated slots. Wont take much to get it over 85), it's following should increase tremendously. As a CANSLIM play, it lacks the institutional sponsorship currently, and 5 year growth rate. Here's a link: biz.yahoo.com I'd be interested to hear how this one shakes out with your analysis methods. dh