Re: AW: [CANSLIM] Got hammered on ELTE

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: AW: [CANSLIM] Got hammered on ELTE
Date: Tue, 12 Feb 2002 07:50:12 -0700

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Unfortunately for Warren, it gapped down at the open, opening at 12, and t=
rading 
down to the low of the day in 5 minutes, so even a stop at 13.10 would hav=
e been 
filled probably below 12 with the slippage the I'm guessing occurred that =
day.

On 12 Feb 2002 at 12:18, Andreas Himmelreich wrote:

> Well, a trailing Stop loss in the area of technical support: around 13.1=
0 (high of the flag 1/23)
> 
> > -----Urspr=FCngliche Nachricht-----
> > Von:	Warren Keuffel [SMTP:wkeuffel@xmission.com]
> > Gesendet am:	Tuesday, February 12, 2002 3:00 AM
> > An:	CANSLIM list
> > Betreff:	[CANSLIM] Got hammered on ELTE
> > 
> > I got hammered on ELTE today.  It was doing well (or so I thought) and=
 
> > then it gapped down today and I ended up closing out my position with =
a 
> > 20+% loss.  Is there something I should have noticed that would have 
> > warned me to close out my position earlier?  
> > 
> > Any thots on PFGC or DLX breaking down as well?
> > 
> > Thanks,
> > Warren
> > 
> > 
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