Go to Jeff Salisbury LWGate Home Page.From: "Gene Ricci" <genr@swbell.net>
Subject: Re: [CANSLIM] Break outs or pullbacks
Date: Thu, 10 Jul 2003 13:32:04 -0500
Next Article (by Date): Re: [CANSLIM] Second Guessing Myself - SFCC Vanchee1@aol.com
Previous Article (by Date): Re: [CANSLIM] Break outs or pullbacks Chazmoore@aol.com
Top of Thread: [CANSLIM] Break outs or pullbacks michael_niemotka@baxter.com
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0231_01C346E7.A6E63400 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Charley, I don't understand this course of action. Why not sell it when = it goes past a point (stop) on its way down and buy it back after it = clears a resistance point on its way back up? Assuming all else = (fundies, news, etc.) remains the same... my data shows that I get to = keep some of the profits from the breakout.... avoid stocks that do more = than 'slump'.... allows me to buy back stocks that have 'once again' = demonstrated strength.... =20 Gene ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, July 10, 2003 12:52 PM Subject: Re: [CANSLIM] Break outs or pullbacks Bill: For what its worth I too found myself to eager to sell when good = stocks slumped after breakout. As you point out this is probably a = normal reaction after 3 years of a falling market. I have reached the = same conclusion you have and that is to stick with them back to the base = and expect a recovery. It may be bumpy for a while but I think this is = the right course of action.=20 Charley - ------=_NextPart_000_0231_01C346E7.A6E63400 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 6.00.2800.1106" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3D"Comic Sans MS">Charley, I don't understand this = course of=20 action. Why not sell it when it goes past a point (stop) on its way down = and buy=20 it back after it clears a resistance point on its way back up? = Assuming all=20 else (fundies, news, etc.) remains the same... my data shows that I get = to keep=20 some of the profits from the breakout.... avoid stocks that do more than = 'slump'.... allows me to buy back stocks that have 'once again'=20 demonstrated strength.... </FONT></DIV> <DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV> <DIV><FONT face=3D"Comic Sans MS">Gene</FONT></DIV> <DIV><FONT face=3D"Comic Sans MS"></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=3DChazmoore@aol.com=20 href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</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> Thursday, July 10, 2003 = 12:52=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Break = outs or=20 pullbacks</DIV> <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Bill: For = what its=20 worth I too found myself to eager to sell when good stocks slumped = after=20 breakout. As you point out this is probably a normal reaction after 3 = years of=20 a falling market. I have reached the same conclusion you have and that = is to=20 stick with them back to the base and expect a recovery. It may be = bumpy for a=20 while but I think this is the right course of action. = <BR><BR>Charley</FONT>=20 </FONT></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0231_01C346E7.A6E63400-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): Re: [CANSLIM] Second Guessing Myself - SFCC Vanchee1@aol.com
Previous Article (by Date): Re: [CANSLIM] Break outs or pullbacks Chazmoore@aol.com
Top of Thread: [CANSLIM] Break outs or pullbacks michael_niemotka@baxter.com
Articles sorted by: [Date]
[Author]
[Subject]