RE: [CANSLIM] What went wrong!

From: "joe" <lakbossa@hotmail.com>
Subject: RE: [CANSLIM] What went wrong!
Date: Wed, 9 Jul 2003 20:55:19 -0400

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why not just use the 50 day moving average as your stop? you would still be
in and enjoying the ride.
 
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of John Pyle
Sent: Monday, July 07, 2003 8:44 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] What went wrong!


As a educational experience I would like to offer a past trade and solicit
feedback. I bought RYL in May for 53.53. I was stopped out with a trailing
stop on 6/23 at 69.44. My questions are:
 
1. Was the trailing stop to high?
2. Does the chart pattern look like like the stock is just taking a
breather?
3. What signal is used to buy back in?
4. Should I be happy with the priofit and move on to another stock with a
propoer cwh pattern?
 
John P.


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  <DIV><SPAN class=3D765185400-10072003><FONT face=3DArial =
color=3D#0000ff size=3D2>why=20
  not just use the 50 day moving average as your stop? you would still =
be in and=20
  enjoying the ride.</FONT></SPAN></DIV>
  <DIV><SPAN class=3D765185400-10072003><FONT face=3DArial =
color=3D#0000ff=20
  size=3D2></FONT></SPAN>&nbsp;</DIV>
  <DIV></DIV>
  <DIV class=3DOutlookMessageHeader lang=3Den-us dir=3Dltr =
align=3Dleft><FONT=20
  face=3DTahoma size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]=20
  <B>On Behalf Of </B>John Pyle<BR><B>Sent:</B> Monday, July 07, 2003 =
8:44=20
  AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> =
[CANSLIM] What=20
  went wrong!<BR><BR></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>As a educational experience I would =
like to offer=20
  a past trade and solicit feedback. I bought RYL in May for 53.53. I =
was=20
  stopped out with a trailing stop on 6/23 at 69.44. My questions=20
  are:</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>1. Was the trailing stop to =
high?</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>2. Does the chart pattern look like =
like the=20
  stock is just taking a breather?</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>3. What signal is used to buy back=20
  in?</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>4. Should I be happy with the priofit =
and move on=20
  to another stock with a propoer cwh pattern?</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>John =
P.</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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