[CANSLIM] SYMC


From: michael_niemotka@baxter.com
Subject: [CANSLIM] SYMC
Date: Mon, 3 Mar 2003 09:29:22 -0600

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Sometime I really hate the stockmarket!   I was in on SYMC, and was on a 5%
profit, when suddenly I noticed Friday that it started to tank, big time. I
scrambled to find out why, and it turns out that the CC was not viewed
well. I waited it out, hoping that it would get no worst than a 10% loss,
but when it hit that point, and looked like it was going to keep moving
down, I bailed out.  Of course, it did go a bit lower, then moved up a bit,
but ended up down large for the day.  Of course, this morning, at open, it
gapped up 4%.

Is there anything within CANSLIM that would keep me out of a situation like
this? Or is this a case where you sell out of a position because of the
sell rules, but then get back in later?

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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