Go to Jeff Salisbury LWGate Home Page.From: "Ann Hollingworth" <annholly@attbi.com>
Subject: Re: [CANSLIM] Profit taking... TIVO
Date: Mon, 7 Jul 2003 10:13:28 -0400
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This is a multi-part message in MIME format. - ------=_NextPart_000_004D_01C34470.69276040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi, Dave, Welcome to the group. I don't post much, but identified with your = attachment to TIVO. I had/have a similar attachment to GRMN. I have been in and out of the stock a couple of times since last fall, = but most recently was up 70% in a few months. Because I "loved" the = stock and wasn't using Sell Rules, I watched the stock drop (on heavy = volume, which should have been a Sell Signal for me), and ended up = selling at a 39% profit. Study WON's Sell Rules and try to be disciplined in your decision = making. Follow the chart (reality) with your head, rather than your = heart. Ann ----- Original Message -----=20 From: Dave Stem=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 07, 2003 12:12 AM Subject: [CANSLIM] Profit taking... TIVO Hi all... I'm new to the group and also in Santa Monica... here's a = question re: profit taking directed at Katherine and other experienced = investors... that is, those who've actually had profits LOL...=20 I bought TIVO on the 6/2/03 breakout (8.58/share) and am sitting on a = 50+% profit in a month. Yes, it's due for a short term correction, but = I love the product and sales are doing very well. According to David = Ryan (WON's disciple from Market Wizards) I should take 30-50% off the = table, with plans to reinvest on any correctly forming base if I still = like the stock. Or I could simply place a stop under the recent support = which is very strong and clear at 9.25. I have such an attachment emotionally to this stock. I know it's = wrong. But the rapid success is clouding my judgement. The same with = AMHC. I'm used to selling at a loss, but find it hard to take a profit. = Crazy. Any words of wisdom from the vets? Dave in Santa Monica - -------------------------------------------------------------------------= - ----- Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! - ------=_NextPart_000_004D_01C34470.69276040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3D"Bookman Old Style" size=3D2>Hi, Dave,</FONT></DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2></FONT> </DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2>Welcome to the group. I = don't post=20 much, but identified with your attachment to TIVO. I had/have a similar=20 attachment to GRMN.</FONT></DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2></FONT> </DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2>I have been in and out of = the stock a=20 couple of times since last fall, but most recently was up 70% in a few = months.=20 Because I "loved" the stock and wasn't using Sell Rules, I watched the = stock=20 drop (on heavy volume, which should have been a Sell Signal for me), and = ended=20 up selling at a 39% profit.</FONT></DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2></FONT> </DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2>Study WON's Sell Rules = and try to be=20 disciplined in your decision making. Follow the chart (reality) with = your head,=20 rather than your heart.</FONT></DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2></FONT> </DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2>Ann</FONT></DIV> <DIV><FONT face=3D"Bookman Old Style" size=3D2></FONT> </DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Dcanslimdave2003@yahoo.com=20 href=3D"mailto:canslimdave2003@yahoo.com">Dave Stem</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, July 07, 2003 = 12:12=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Profit = taking...=20 TIVO</DIV> <DIV><BR></DIV> <P>Hi all... I'm new to the group and also in Santa Monica... here's a = question re: profit taking directed at Katherine and other experienced = investors... that is, those who've actually had profits LOL... </P> <P>I bought TIVO on the 6/2/03 breakout (8.58/share) and am sitting on = a 50+%=20 profit in a month. Yes, it's due for a short term correction, = but I love=20 the product and sales are doing very well. According to David = Ryan=20 (WON's disciple from Market Wizards) I should take 30-50% off the = table, with=20 plans to reinvest on any correctly forming base if I still like the=20 stock. Or I could simply place a stop under the recent support = which is=20 very strong and clear at 9.25.</P> <P>I have such an attachment emotionally to this stock. I know = it's=20 wrong. But the rapid success is clouding my judgement. The = same=20 with AMHC. I'm used to selling at a loss, but find it hard to = take a=20 profit. Crazy. Any words of wisdom from the vets?</P> <P>Dave in Santa Monica</P> <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> - ------=_NextPart_000_004D_01C34470.69276040-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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