Re: [CANSLIM] Know your exit before you enter

From: "Rolf Hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM] Know your exit before you enter
Date: Wed, 27 Aug 2003 09:49:20 -0600

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Good points.  Does this mean that you don't buy a stock if the recent
support is much below 8% entry?  If so, this seems like it would be a good
added filter for choosing breakouts from the best (tightest) handles (or
bases).

 Rolf

- ----- Original Message -----
From: "Don Canfield" <canfieldd@mindspring.com>

> I let the market tell me when to get in, and a breakout  on heavy volume
is
> a great example of this.  I do set percentage stops immediately after the
> buy, usually just below recent support, but never more that 8% below
entry.



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