Re: [CANSLIM] CSTR

From: Warren Keuffel <wkeuffel@xmission.com>
Subject: Re: [CANSLIM] CSTR
Date: Tue, 27 Aug 2002 10:25:46 -0600

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I've been whacked more than once like this, mostly when the stock gaps down for no
discernible reason. Nothing to do but to sell, get up and dust your pants off, and go
hunting for the next one. I look at it as the cost of admission.

Warren

michael_niemotka@baxter.com wrote:

> 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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