Re: [CANSLIM] CSTR

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] CSTR
Date: Tue, 27 Aug 2002 10:12:17 -0500

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I know the feeling Mike.  I decided to opt for the lesser of the evils, the
stop loss.  Not sure we can protect against these meteors though.  Hope that
the 50% of the time we are right it makes up for them?

norm
- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 27, 2002 9:54 AM
Subject: Re: [CANSLIM] CSTR


>
> 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
> >
> >
> >
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