[CANSLIM] When To Sell - Per CANSLIM

From: "Brenda" <bks@lcc.net>
Subject: [CANSLIM] When To Sell - Per CANSLIM
Date: Sun, 6 Apr 1997 18:23:10 -0500

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Hello Group!
     One of the hardest points I have understanding in HTMMIS is Mr.
O'Neil's exact selling point in certain circumstances. It "seems" to me
that he wants to sell some of a position when it is up 20%. I, personally,
deviate from his method if this is really true. If after a week, a stock is
still up, still performing very nicely, graph is still intact, volume is
still performing as an advancing stock should, nothing else has changed, I
purchase MORE of the stock, not selling any of it." I have been keeping
records and tracking results once since 1990. I have found that this
practice has me soooooooo far ahead of selling some at 20% that it is
LUDICROUS for me to even imagine selling any at up 20%. Hopefully, I have
just misread, misinterpreted, misunderstood something. To recapture seed
money? Did he not say he fired a broker for suggesting that? Just a thought
and wondering if you have any input. Let's hope Monday is a good day. Best
to you. 
James

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