[CANSLIM] Intro: Mona Guarino

From: "Mona Guarino" <webmaster@design21.com>
Subject: [CANSLIM] Intro: Mona Guarino
Date: Mon, 18 Mar 2002 10:21:37 -0800

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Hello to everyone on the list.

My partner saw a reference to the list in Forbes. I've been lurking for a
while and have read many of your messages via the archive. I've previously
tried various message boards where canslim was supposed to be the topic, but
much of it is get-rich-quick thinking. I don't expect to double my money
next week, but using IBD I hope to reduce my risk and protect my gains far
better.

I own a small Internet / technology consulting company near Seattle
Washington, but have recently moved to Washington DC. [More of a move back
actually, as we'd lived in northern VA for almost 10 years before the move
out west.]

After 10 years or so of relying on 'professionals' to manage our
investments, we realized we needed to be much more hands-on if we really
wanted to retire someday. I discovered WON, IBD and CanSlim late last year
after I bought stocks 9/20. While I am definitely sold on the approach, I am
still paying tuition on the learning curve of things.

I wish I'd learned the selling rules years earlier. I have never had a
broker call and suggest selling -- either b/c of a downtrend, market trend,
or to lock in gains. I am finding that learning to sell is much harder than
learning to buy. Personally I now see the old 'buy and hold' as a 'buy and
die' money-losing proposition.

My investing toolset at the moment:
- -- IBD, of course
- -- Daily Graphs Online (am loving the beta)
- -- Merrill Lynch Advantage (full service broker) with a flat annual fee, no
commissions on trades, proprietary research as well as S&P, etc
- -- money.net for streaming realtime quotes
- -- CNBC for tracking portfolio as well as easy news alerts

I agree with someone recently (Charles?) that some new leaders will likely
come from the financial group because money is cheap, I'm also keeping an
eye on things like packaging and container companies b/c packaging and
getting it there will also be important to any recovery no matter which
sectors leads it.

- --m


=======================================================
(253)983-1531 (voice)      Design21 Internet Solutions
(877)576-6172 (toll-free fax)           Mona Guarino
webmaster@design21.com          10209 Bridgeport Way SW
http://www.design21.com/             Lakewood, WA 98499
=======================================================


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