Re: [CANSLIM] MGAM - Another conventional wisdom question

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] MGAM - Another conventional wisdom question
Date: 2 Apr 2002 18:11:34 -0800

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I must have got my stop right on NTBK, it traded to 5 cents above it (I had 
put it right smack on the 50 dma when the RBMG merger closed yesterday). 
Thought for sure I had been bounced. Of course now that I bragged it will 
bounce me out when it opens $1 below my stop and closes $1 above it tomorrow.

At 05:00 PM 4/2/2002 -0800, you wrote:
>Thanks Tom,  for your always respected thoughts.
>
>I do, in fact, have a hard stop in place, sitting now
>on a 4% loss.  Afraid that tomorrow will drop right
>through my hard stop anyway.
>
>I thought the question worthy of discussion on this
>board.
>
>Steve

Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com

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