Re: [CANSLIM] TUES


From: "DMC197807" <dmc197807@comcast.net>
Subject: Re: [CANSLIM] TUES
Date: Tue, 2 Sep 2003 08:36:54 -0700

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Did he really say that?  That phrase, as quoted, makes little sense to =
me.  Of course you need to limit losses (throw in cards early on a bad =
hand and give away the ante), but sell when you're up 21%?  What if the =
stock doubles?  Or quadruples?  Is that a real quote (inquiring minds) . =
. .

On TUES, this chart looks pretty strong and the recent consolidation =
looks to be nothing more than that.  The volume looks great, I think it =
would be a mistake to sell here without some sort of violation of the =
trendline, an exhaustion gap or a broad market meltdown.

You could always put in a (mental or real) stop loss order at 32.93 to =
protect some of your profits and still hope to ride the stock higher.

DMC
  ----- Original Message -----=20
  From: Rick Rentler=20
  To: canslim@lists.xmission.com=20
  Sent: Tuesday, September 02, 2003 8:26 AM
  Subject: Re: [CANSLIM] TUES


  If you stay tight to the rules, Oneil says "sell when you're up 21% =
and sell when you're down 7%, this allows you to be right 3 times and =
wrong once".

  -Rick R.
    ----- Original Message -----=20
    From: John P=20
    To: canslim@lists.xmission.com=20
    Sent: Tuesday, September 02, 2003 8:06 AM
    Subject: [CANSLIM] TUES


    I bought TUES at the breakout and am up 20%. The last several days =
the stock has been pulling back. I would be interested in some of your =
views about when to sell. It is still ranked very high on the IBD check =
up so I think this is a normal correction but I hate to see the 20% =
decline, especially since I had another breakout the open down 20% and =
all I had was a mental stop. :) As my kids say, OH WELL!

    John P.

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<DIV><FONT face=3DArial size=3D2>Did he really say that?&nbsp; That =
phrase, as=20
quoted, makes little sense to me.&nbsp; Of course you need to limit =
losses=20
(throw in cards early on a bad hand and give away the ante), but sell =
when=20
you're up 21%?&nbsp; What if the stock doubles?&nbsp; Or =
quadruples?&nbsp; Is=20
that a real quote (inquiring minds) . . .</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>On TUES, this chart looks pretty strong =
and the=20
recent consolidation looks to be nothing more than that.&nbsp; The =
volume looks=20
great, I think it would be a mistake to sell here without some sort of =
violation=20
of the trendline, an exhaustion gap or a broad market =
meltdown.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>You could always put in a (mental or =
real) stop=20
loss order at 32.93 to protect some of your profits and still hope to =
ride the=20
stock higher.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>DMC</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dtechno1@adelphia.net =
href=3D"mailto:techno1@adelphia.net">Rick=20
  Rentler</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, September 02, =
2003 8:26=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
TUES</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>If you stay tight to the rules, Oneil =
says "sell=20
  when you're up 21% and sell when you're down 7%, this allows you to be =
right 3=20
  times and wrong once".</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>-Rick R.</FONT></DIV>
  <BLOCKQUOTE dir=3Dltr=20
  style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV=20
    style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
    <A title=3Djmp23834@yahoo.com =
href=3D"mailto:jmp23834@yahoo.com">John P</A>=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
    =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, September 02, =
2003 8:06=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] TUES</DIV>
    <DIV><BR></DIV>
    <DIV><FONT face=3DArial size=3D2>I bought TUES at the breakout and =
am up 20%.=20
    The last several days the stock has been pulling back. I would be =
interested=20
    in some of your views about when to sell. It is still ranked very =
high on=20
    the IBD check up so I think this is a normal correction but I hate =
to see=20
    the 20% decline, especially since I had another breakout the open =
down 20%=20
    and all I had was a mental stop. :) As my kids say, OH =
WELL!</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>John=20
P.</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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