Re: [CANSLIM] WLP

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] WLP
Date: Tue, 23 Apr 2002 08:00:44 -0400

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Hi Neal,

Closed up on an ugly day, not many stocks could say that yesterday. Volume
essentially average, up/down ratio still 1.4. I would stick to using a
trailing stop, might tighten it up some since it is very extended now, but
see no reason just to bail out unless you are satisfied with your profit so
far.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----
From: "Neal Frankle" <nfrankle@pacbell.net>
To: "Jeff Salisbury" <canslim@lists.xmission.com>
Sent: Monday, April 22, 2002 3:05 PM
Subject: [CANSLIM] WLP


I bought this at $60 -  6 weeks ago based on:
earnings
sales
roi
good sector
(at the time of purchase ) a decent market.

The stock reversed today after hitting a 52 wk high. Volume looks like it
will come in heavy but not heavier than prior three (up) days.

Is this a classic sell signal?????  I have been here before, only to hold on
to see my nice 20% gain evaporate.
I'd like to avoid that experience if possible.  Any thoughts?

Thanks,
Neal

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