From: "Kelly Short" <kelly.short@fw.us.neoris.com>
Subject: RE: -RE: [CANSLIM] Need some help in selling
Date: Tue, 1 Jul 2003 13:08:15 -0500
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Bob,
=20
Welcome to the group. If you have any questions regarding usage, =
accessing the archives, or anything regarding CANSLIM/WON this group is =
amazingly responsive. It has been a tremendous learning tool for me over =
the past year!
=20
Welcome!
=20
Kelly
- -----Original Message-----
From: Bob Johnson [mailto:starcast82@yahoo.com]
Sent: Tuesday, July 01, 2003 11:46 AM
To: canslim@lists.xmission.com
Subject: Re: -RE: [CANSLIM] Need some help in selling
Okay, I think I have it this time. Hopefully the name is changed and =
within the rules.
=20
Look forward to hearing from everyone in the group.
Katherine Malm <kmalm@earthlink.net> wrote:
Welcome to the group Top Secret and glad to have you on board.
=20
We ask that as a courtesy to our members that you use your real name, =
though first names are acceptable if you prefer. This creates a sense of =
community unlike the more anonymous boards at Yahoo and MSN.
=20
Here is a link to our FAQ so that you can become familiar with our =
list-centric jargon:
=20
<http://wallstreet-llc.com/canslim/CANSLIMFAQ.doc> =
http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows =
Document) or=20
<http://wallstreet-llc.com/canslim/CANSLIMFAQ.zip> =
http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for =
those who are having trouble displaying the document within their =
browser)
=20
Katherine
- -----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret
Sent: Tuesday, July 01, 2003 10:00 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Need some help in selling
Here is what I think.
=20
Before you Buy anything
=20
1. Have a buy price
2. Have a stop price
3. Have a sell price.
=20
I base my prices on what the chart says. I don't use percent points =
although that may work for you. I use trailing stops on the way up. Why =
sell if it has a 20% profit it may have more on the way. Trailing stop =
will let your profits run and make the sell decision for you. If the =
stock hits your objective sell price you may sell half and lock in the =
profit and hold the other half to see what happens. Best strategy I've =
heard for years and never really dawned on me till lately " Let your =
profits run, cut your losses short" Following that strategy you only =
have to be right 50% of the time to be a successful trader. Takes some =
of the pressure off.
=20
You are working on a set of rules which you adhere to so you are making =
progress.
=20
I just joined the group yesterday and I look forward to hearing =
everyone's opinion.=20
_____ =20
Do you Yahoo!?
SBC =
<http://pa.yahoo.com/*http://rd.yahoo.com/evt=3D1207/*http://promo.yahoo.=
com/sbc/> Yahoo! DSL - Now only $29.95 per month!
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charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR></HEAD>
<BODY>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2>Bob,</FONT></SPAN></DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2>Welcome to the group. If you have any questions regarding =
usage,=20
accessing the archives, or anything regarding CANSLIM/WON this group is=20
amazingly responsive. It has been a tremendous learning tool for me over =
the=20
past year!</FONT></SPAN></DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2>Welcome!</FONT></SPAN></DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D160501118-01072003><FONT face=3DArial color=3D#0000ff =
size=3D2>Kelly</FONT></SPAN></DIV>
<BLOCKQUOTE>
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B> Bob Johnson=20
[mailto:starcast82@yahoo.com]<BR><B>Sent:</B> Tuesday, July 01, 2003 =
11:46=20
AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
- -RE:=20
[CANSLIM] Need some help in selling<BR><BR></FONT></DIV>
<DIV>Okay, I think I have it this time. Hopefully the name is changed =
and=20
within the rules.</DIV>
<DIV> </DIV>
<DIV>Look forward to hearing from everyone in the group.</DIV>
<DIV><BR><BR><B><I>Katherine Malm <kmalm@earthlink.net></I></B>=20
wrote:</DIV>
<DIV>
<BLOCKQUOTE=20
style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px =
solid; WIDTH: 100%">
<META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR>
<DIV><SPAN class=3D125280516-01072003>Welcome to the group Top =
Secret and glad=20
to have you on board.</SPAN></DIV>
<DIV><SPAN class=3D125280516-01072003></SPAN> </DIV>
<DIV><SPAN class=3D125280516-01072003>We ask that as a courtesy to =
our members=20
that you use your real name, though first names are acceptable if =
you=20
prefer. This creates a sense of community unlike the more anonymous =
boards=20
at Yahoo and MSN.</SPAN></DIV>
<DIV><SPAN class=3D125280516-01072003></SPAN> </DIV>
<DIV><SPAN class=3D125280516-01072003>Here is a link to our FAQ so =
that you=20
can become familiar with our list-centric jargon:</SPAN></DIV>
<DIV><SPAN class=3D125280516-01072003></SPAN> </DIV>
<DIV><SPAN class=3D125280516-01072003><A=20
=
href=3D"http://wallstreet-llc.com/canslim/CANSLIMFAQ.doc"><EM>http://Wall=
Street-LLC.com/canslim/CANSLIMFAQ.doc</EM></A> <SPAN=20
class=3D824041319-03012003>(Word for Windows Document) or</SPAN>=20
<P class=3DSubheading2 style=3D"MARGIN: 0in 0in 0pt"><SPAN=20
class=3D824041319-03012003><EM> </EM><A=20
=
href=3D"http://wallstreet-llc.com/canslim/CANSLIMFAQ.zip"><EM>http://Wall=
Street-LLC.com/canslim/CANSLIMFAQ.zip</EM></A>=20
(zipped version for those who are having trouble displaying the =
document=20
within their browser)</SPAN></P>
<P class=3DSubheading2 style=3D"MARGIN: 0in 0in 0pt"><SPAN=20
class=3D824041319-03012003></SPAN> </P>
<P class=3DSubheading2 style=3D"MARGIN: 0in 0in 0pt"><SPAN=20
class=3D824041319-03012003><SPAN=20
class=3D125280516-01072003>Katherine</SPAN></SPAN></P></SPAN></DIV>
<BLOCKQUOTE>
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Top=20
Secret<BR><B>Sent:</B> Tuesday, July 01, 2003 10:00 =
AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Need =
some help=20
in selling<BR><BR></FONT></DIV>
<DIV>Here is what I think.</DIV>
<DIV> </DIV>
<DIV>Before you Buy anything</DIV>
<DIV> </DIV>
<DIV>1. Have a buy price</DIV>
<DIV>2. Have a stop price</DIV>
<DIV>3. Have a sell price.</DIV>
<DIV> </DIV>
<DIV>I base my prices on what the chart says. I don't use percent =
points=20
although that may work for you. I use trailing stops on the way =
up. Why=20
sell if it has a 20% profit it may have more on the way. Trailing =
stop=20
will let your profits run and make the sell decision for you. If =
the stock=20
hits your objective sell price you may sell half and lock in the =
profit=20
and hold the other half to see what happens. Best strategy I've =
heard for=20
years and never really dawned on me till lately " Let your profits =
run,=20
cut your losses short" Following that strategy you only have to be =
right=20
50% of the time to be a successful trader. Takes some of the =
pressure=20
off.</DIV>
<DIV> </DIV>
<DIV>You are working on a set of rules which you adhere to so you =
are=20
making progress.</DIV>
<DIV> </DIV>
<DIV>I just joined the group yesterday and I look forward to =
hearing=20
everyone's opinion. </DIV></BLOCKQUOTE></BLOCKQUOTE></DIV>
<P>
<HR SIZE=3D1>
Do you Yahoo!?<BR><A=20
=
href=3D"http://pa.yahoo.com/*http://rd.yahoo.com/evt=3D1207/*http://promo=
.yahoo.com/sbc/">SBC=20
Yahoo! DSL</A> - Now only $29.95 per month!</BLOCKQUOTE></BODY></HTML>
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