Go to Jeff Salisbury LWGate Home Page.From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] question
Date: Mon, 29 Jul 2002 15:56:10 -0500
Previous Article (by Author): [CANSLIM] question david rossing
Top of Thread: RE: [CANSLIM] question "Duke Miller"
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Dave,
Follow this advice with caution in the bear market (although maybe today
was the turn we have all been waiting for).
If worst comes to worst, I would suggest hanging on if it hit 20%, but if
it starts to sputter back, at least lock in 10% of gain on the way down.
My 2 cents worth
Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com
Chazmoore@aol.com
Sent by: To: canslim@lists.xmission.com
owner-canslim@lists.xm cc:
ission.com Subject: Re: [CANSLIM] question
07/29/2002 03:40 PM
Please respond to
canslim
Dave: I will take a crack at answering your question by reading out of the
3rd edition of HTMMIS. "Take 20% profits when you have them (except with
the most powerful of all stocks) and cut losses at a maximum of 8% below
the purchase price." Most powerful is defined as one that increased in
price 20% or more in less than eight weeks and then the stock must be held
for 8 weeks.
Charley
PS
In a bear market is may be prudent to take any profit whenever you can get
it.
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Previous Article (by Author): [CANSLIM] question david rossing
Top of Thread: RE: [CANSLIM] question "Duke Miller"
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