Two New CANSLIM Long Position, Two New Very Speculative Long Positions, And One Stock I Am Adding To My Existing Long Position

February 13, 2008

The two longs I am buying a large size of will be SLH and CMED. SPW is going to be another larger add but will be much smaller than even the second buy due to there being NO volume. TECUB and COIN are both WAY TOO speculative to be good long for newbies. I am late scanning my IBD CANSLIM list as I had to go out shopping for my gf for Valentines day. I hope you all understand. Do not be shy with CMED and SLH.

new CANSLIM long position: SLH CMED

SLH is bouncing off recent support in this handle of a cup and handle pattern, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

CMED is breaking out of an ascending base pattern, after bouncing off the 50 day moving average, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

new very speculative long positions: TECUB COIN

TECUB is bouncing off the 50 day moving average and breaking out to a new 2008 high, on very strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

COIN is starting to breakout from a high-tight-flag pattern, on very strong volume. Cut your loss with a close below the 9.01 level, if the stock does not move higher immediately.

adding to existing speculative CANSLIM long position: SPW

SPW is breaking out of a cup base, on below average volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.