[CANSLIM] Need some help in selling

From: "Pritish Shah" <pshah@lason.com>
Subject: [CANSLIM] Need some help in selling
Date: Tue, 01 Jul 2003 10:28:53 -0400

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Here is my problem,

I definately know when to buy, I do not know when to sell except for one =
rule -- 7% to 8% loss. And you guessed it -- I seem to be selling most of =
my stocks at that point. Currently, I am at breakeven even though I bought =
most stocks that were good.

So I am trying to revisit all the sell rules. Can we compile a list

1) Sell when you hit 7% to 8% loss
2) Sell when you hit 20% profit
	but do not sell if 20% within one month
3) Sell when the stock moves out of trendline
4) Sell when the stock falls below 50dma on heavy volume

So am I missing any more sell rules?

Here is my situation:

Over the last 45 days, I have bought 27 stocks. I have sold 21 for a loss =
and 3 for 20%+ profit and have held on to other 3 for 20% profit.

Basically, to make profit, I have to sell more than one-third at a 21-24% =
profit and sell two-thirds at 7-8% loss.=20

So give me suggestions... What should I be doing? How can I make profit?

Thanks,
Pritish


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