Re: [CANSLIM] TUES

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] TUES
Date: Tue, 2 Sep 2003 09:58:20 -0700 (PDT)

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John,

I also have TUES with the %20 gain.  Bougth it the
same time you did.  I have been keeping an eye on the
price action closely in the last few days.  The high
volume on 8/29 is a concern.  I currently moved my
stop loss to the break even point.  I will keep a
close track of this stock and if it is not behaving
well, I will up my stop loss and tighten up the slack.
 This is on thoughts on this stock.

Also, why are you looking at IBD checkup for a sell
signal?  IMHO, it is a lagging measurement.  By the
time a stock gets a lower score, the stock would be
already way down and you should have sold a long time
ago.

Regards,
tomas

- --- John P <jmp23834@yahoo.com> wrote:
> 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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