Re: [CANSLIM] MVL

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] MVL
Date: Wed, 02 Jul 2003 08:42:54 -0600

Next Article (by Author): Re: [CANSLIM] Intro and Q on CWH Application Tomas
Previous Article (by Author): [CANSLIM] Intro and Q on CWH Application "Krueger, Kevin"
Top of Thread: Re: [CANSLIM] MVL Karen White
Next in Thread: Re: [CANSLIM] MVL Bob Johnson
Articles sorted by: [Date] [Author] [Subject]

On 2 Jul 2003 at 8:15, michael_niemotka@baxter.com wrote:

> Overall, company is still strong, but I am wondering if I need to exit now, and
> maybe keep it on the watchlist for another entry point.

If  by strong you mean that the fundamentals are good, don't give that too 
much weight if the stock price is arguing with that evaluation.  Remember, 
we little people frequently aren't going to know what the  fundamentals 
are, by which I mean if there is a change in a company's fundamentals, 
the individual is going to be the last guy to hear about it, but it wll show up 
in the stock chart well before it becomes public knowledge.  (think of how 
far ahead of the Enron news the stock started sinking).   I have cost 
myself some money ignoring price action because I thought a company 
was still sound, when it wasn't.  

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.