Re: [CANSLIM] Investor's Corner Puzzlement

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Investor's Corner Puzzlement
Date: Tue, 23 Apr 2002 20:22:29 -0600

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I'll just add that the 8% rule is a preservation of capital thing.  When you have a 
profit you can afford to give stocks more leeway because you are not risking your 
trading stake.

On 23 Apr 2002 at 20:58, Katherine Malm wrote:

> WON only uses the 8% rule at the time of a valid breakout. The pullbacks
> referred to in the article are pullbacks within the uptrend...not at the
> time of breakout. For example, WON says that stocks that rise 20% or more
> within 8 weeks of the breakout are typically very strong and suggests
> holding on during the first consolidation. The article today is simply



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