RE: [CANSLIM] MVL

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: RE: [CANSLIM] MVL
Date: Mon, 23 Jun 2003 13:31:38 -0600

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On 23 Jun 2003 at 12:36, michael_niemotka@baxter.com wrote:

> In my opinion, 8% stop loss after you are up a fair amount is too
> conservative, but if those are your rules, and you follow them, I applaud
> you for sticking to your guns.

I think you are correct on the 8%, I don't know where Fred pulled that one 
from.  MVL looks pretty awful today, the gap down after the recent little 
rally back towards the old high seems like a bad sign.  The news headline 
says people are disappointed with the "Hulk" opening, but the thing took in 
62 mil.   I suppose that was all priced in, its the "sell the news" part of the 
deal now.  Since you already took part of your profits, you might want to 
see if it stabilizes.

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