Re: [CANSLIM] sell rules help

From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] sell rules help
Date: Sat, 31 Aug 2002 15:36:45 -0400

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Stan Weinstein's book has been mentioned favorably here several times. It
should be noted however that his Professional Tape Reader newsletter has/had
(not sure if he still publishes it) a pretty miserable record. This doesn't
mean there's nothing of value in his book, but it makes one wonder why the
guy who wrote it has such a poor long term record. Keep in mind that as far
as I know his is not a real money portfolio, so if you're going to defend
his record by claiming he's a poor trader when his money is on the line,
you've got to find a different defense.....

Jon
- ----- Original Message -----
From: "Warren Keuffel" <wkeuffel@xmission.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, August 31, 2002 11:38 AM
Subject: Re: [CANSLIM] sell rules help


> I think Weinstein has some good guidance on selling -- he sets trailing
stops
> following the 150dma or trend lines, depending on whether you consider
yourself
> an investor or a trader.
>
> Speaking of which, any thoughts on Weinstein's use of the 150dma, as
opposed to
> the more usual 50 and 200?
>
> Warren
>
> P.S. "Stan Weinstein's Secrets For Profiting in Bull and Bear Markets" is
the
> title of his book.
>
> michael_niemotka@baxter.com wrote:
>
> > Hi all,
> >
> > I know I asked about COCO yesterday, but now as of this morning, I am up
> > 20% , and am thinking hard about selling at least some to lock in that
kind
> > of profit.  However, it has grown to this point after only a week, so is
> > that a sign of real strength, and therefore does it need to be held for
at
> > least 8 weeks?
> >
> > Help!
> >
> > Thanks
> >
> > Mike
> >
> > 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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