Re: [CANSLIM] CSTR

From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] CSTR
Date: Tue, 27 Aug 2002 09:54:24 -0500

Next Article (by Subject): Re: [CANSLIM] CSTR "Patrick Wahl"
Previous Article (by Subject): Re: [CANSLIM] CSTR "Norman"
Top of Thread: Re: [CANSLIM] CSTR "Katherine Malm"
Next in Thread: Re: [CANSLIM] CSTR "Patrick Wahl"
Articles sorted by: [Date] [Author] [Subject]

I know the rule...it REALLY sucks though when because you cannot watch the
markets every second, and a stock drops bottom like this you are STUCK with
a loss much bigger than the 8% max.  I had tried stop limit orders before
but was told that many times they don't help in a situation like this if it
drops very fast, and you have the added disadvantage of "showing" you hand
to the MM.

Time will tell!


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


                                                                                                                            
                    Norman                                                                                                  
                    <theboyd@tisd.net>            To:     canslim@lists.xmission.com                                        
                    Sent by:                      cc:                                                                       
                    owner-canslim@lists.xm        Subject:     Re: [CANSLIM] CSTR                                           
                    ission.com                                                                                              
                                                                                                                            
                                                                                                                            
                    08/27/2002 09:44 AM                                                                                     
                    Please respond to                                                                                       
                    canslim                                                                                                 
                                                                                                                            
                                                                                                                            




It has dipped below the 8% rule.  CAN SLIM dictates you should have already
sold; if you're playing CAN SLIM.  If not, then good luck, you're gonna
need
here.

Norm
- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 27, 2002 9:24 AM
Subject: [CANSLIM] CSTR


> Does anyone know what is going on with this stock?  Got in late to the
> office today and it is down 18%!!!
>
> I know we are supposed to sell at 7-8%, but now do I sell anyway, or wait
> it out to see if the day may turn a bit?
>
> Thanks
>
> 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
>
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>


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







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

Go to Jeff Salisbury LWGate Home Page.