RE: [CANSLIM] NVR


From: "Fred Richards" <adrich@gte.net>
Subject: RE: [CANSLIM] NVR
Date: Wed, 10 Apr 2002 10:58:56 -0500

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For what it is worth, I went short both RYL & NVR this morning! Actually, I
added to my short positions in each.

Fred
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Ira Post
  Sent: Wednesday, April 10, 2002 3:01 AM
  To: canslim@lists.xmission.com
  Subject: Re: [CANSLIM] NVR


  Nice article Katherine.  I've just gotten into the habit of setting stops
12-15% below the stock price.  I raise my stop every time the price makes a
nice move up.  I keep the stops looser for volatile stocks.  It's not a
system but it helps me relax;)

  ----- Original Message -----
    From: Katherine Malm
    To: canslim@lists.xmission.com
    Sent: Tuesday, April 09, 2002 11:26 PM
    Subject: Re: [CANSLIM] NVR


    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 -----
      From: Dimitri Katsaros
      To: canslim@lists.xmission.com
      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

      =====
      Quiquid latine dictum sit altum viditur

      __________________________________________________
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<BODY bgColor=3D#ffffff>
<DIV><SPAN class=3D700475715-10042002><FONT face=3DArial color=3D#0000ff =
size=3D2>For=20
what it is worth, I went short both RYL &amp; NVR this morning! =
Actually, I=20
added to my short positions in each.&nbsp; </FONT></SPAN></DIV>
<DIV><SPAN class=3D700475715-10042002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D700475715-10042002><FONT face=3DArial color=3D#0000ff =

size=3D2>Fred</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Ira=20
  Post<BR><B>Sent:</B> Wednesday, April 10, 2002 3:01 AM<BR><B>To:</B>=20
  canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM]=20
  NVR<BR><BR></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>Nice article Katherine.&nbsp; I've =
just gotten=20
  into the habit of setting stops 12-15% below the stock price.&nbsp; I =
raise my=20
  stop every time the price makes a nice move up.&nbsp; I keep the stops =
looser=20
  for volatile stocks.&nbsp; It's not a system but it helps me=20
  relax;)</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>----- Original Message ----- </DIV>
  <BLOCKQUOTE dir=3Dltr=20
  style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV=20
    style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
    <A title=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
    Malm</A> </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>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, April 09, 2002 =
11:26=20
    PM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
NVR</DIV>
    <DIV><BR></DIV>
    <DIV>Dimitri,</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>There are many ways to set a trailing stop. Some use trend =
lines, some=20
    use a recent area of consolidation, some use the volatility of the =
stock,=20
    some use moving averages. The one thing you do *not* want to do is =
choose an=20
    arbitrary number such as 8% as a trailing stop. You run the risk of =
being=20
    stopped out of a stock that is experiencing a "normal" pullback in =
its=20
    uptrend. I've uploaded an article on trailing stops written by Mark =
Boucher=20
    to the CANSIM site. You'll 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=20
    likely to find that delicate balance between protecting profits, =
riding a=20
    good stock as long as possible and protecting against catastrophic=20
    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=20
      title=3Dcanslim@lists.xmission.com=20
      =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
      </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=20
      Katherine Malm's advice by putting a<BR>trailing stop. Should I do =
it at=20
      8% or perhaps larger<BR>to weather out any=20
      =
volatility?<BR><BR>Thanks<BR>Dimitri<BR><BR>=3D=3D=3D=3D=3D<BR>Quiquid =
latine dictum=20
      sit altum=20
      =
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=
=20
      the email body, write "subscribe canslim" or<BR>-"unsubscribe=20
      canslim".&nbsp; Do not use quotes in your=20
email.</BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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Next Article (by Author): Re: [CANSLIM] M for Market "Gary A. Snyder"
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Top of Thread: Re: [CANSLIM] NVR "Katherine Malm"
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