Re: [CANSLIM] NVR


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] NVR
Date: Tue, 9 Apr 2002 22:26:25 -0500

Next Article (by Author): [CANSLIM] BRLI "Logan, Scott L."
Previous Article (by Author): Re: [CANSLIM] NVR "Ira Post"
Next in Thread: Re: [CANSLIM] NVR "Ira Post"
Articles sorted by: [Date] [Author] [Subject]


This is a multi-part message in MIME format.

- ------=_NextPart_000_0106_01C1E015.958F0E00
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

Dimitri,

There are many ways to set a trailing stop. Some use trend lines, some =
use a recent area of consolidation, some use the volatility of the =
stock, some use moving averages. The one thing you do *not* want to do =
is choose an arbitrary number such as 8% as a trailing stop. You run the =
risk of being stopped out of a stock that is experiencing a "normal" =
pullback in its uptrend. I've uploaded an article on trailing stops =
written by Mark Boucher to the CANSIM site. You'll find it at:

 http://WallStreet-LLC.com/pub/TrailingStops.doc

Use a wise approach to setting your stop and you will be more likely to =
find that delicate balance between protecting profits, riding a good =
stock as long as possible and protecting against catastrophic loss.

Katherine
  ----- Original Message -----=20
  From: Dimitri Katsaros=20
  To: canslim@lists.xmission.com=20
  Sent: Tuesday, April 09, 2002 5:29 PM
  Subject: [CANSLIM] NVR


  Thank you all for the advice on NVR... after hearing
  all that has been said and looking at the chart, I'm
  going to take Katherine Malm's advice by putting a
  trailing stop. Should I do it at 8% or perhaps larger
  to weather out any volatility?

  Thanks
  Dimitri

  =3D=3D=3D=3D=3D
  Quiquid latine dictum sit altum viditur

  __________________________________________________
  Do You Yahoo!?
  Yahoo! Tax Center - online filing with TurboTax
  http://taxes.yahoo.com/

  -
  -To subscribe/unsubscribe, email "majordomo@xmission.com"
  -In the email body, write "subscribe canslim" or
  -"unsubscribe canslim".  Do not use quotes in your email.

- ------=_NextPart_000_0106_01C1E015.958F0E00
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Dimitri,</DIV>
<DIV>&nbsp;</DIV>
<DIV>There are many ways to set a trailing stop. Some use trend lines, =
some use=20
a recent area of consolidation, some use the volatility of the stock, =
some use=20
moving averages. The one thing you do *not* want to do is choose an =
arbitrary=20
number such as 8% as a trailing stop. You run the risk of being stopped =
out of a=20
stock that is experiencing a "normal" pullback in its uptrend. I've =
uploaded an=20
article on trailing stops written by Mark Boucher to the CANSIM site. =
You'll=20
find it at:</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;<A=20
href=3D"http://WallStreet-LLC.com/pub/TrailingStops.doc">http://WallStree=
t-LLC.com/pub/TrailingStops.doc</A><BR></DIV>
<DIV>Use a wise approach to setting your stop&nbsp;and you will be more =
likely=20
to find that delicate balance between protecting profits, riding a good =
stock as=20
long as possible and protecting against catastrophic loss.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Ddcka@yahoo.com href=3D"mailto:dcka@yahoo.com">Dimitri =
Katsaros</A>=20
  </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, April 09, 2002 =
5:29=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] NVR</DIV>
  <DIV><BR></DIV>Thank you all for the advice on NVR... after =
hearing<BR>all=20
  that has been said and looking at the chart, I'm<BR>going to take =
Katherine=20
  Malm's advice by putting a<BR>trailing stop. Should I do it at 8% or =
perhaps=20
  larger<BR>to weather out any=20
  volatility?<BR><BR>Thanks<BR>Dimitri<BR><BR>=3D=3D=3D=3D=3D<BR>Quiquid =
latine dictum sit=20
  altum =
viditur<BR><BR>__________________________________________________<BR>Do=20
  You Yahoo!?<BR>Yahoo! Tax Center - online filing with TurboTax<BR><A=20
  =
href=3D"http://taxes.yahoo.com/">http://taxes.yahoo.com/</A><BR><BR>-<BR>=
- -To=20
  subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
  email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
  not use quotes in your email.</BLOCKQUOTE></BODY></HTML>

- ------=_NextPart_000_0106_01C1E015.958F0E00--


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Next Article (by Author): [CANSLIM] BRLI "Logan, Scott L."
Previous Article (by Author): Re: [CANSLIM] NVR "Ira Post"
Next in Thread: Re: [CANSLIM] NVR "Ira Post"
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.