[CANSLIM] Do sell rules vary with market strength

From: "rchodes" <rchodes@charter.net>
Subject: [CANSLIM] Do sell rules vary with market strength
Date: Mon, 11 Aug 2003 18:11:51 -0700

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Question for canslim traders.  If you think that the market is in a =
short term correction (current market?) or trading range, do you =
consider selling a stock if it gets close to a prior 52 week high =
(independent of volume) even if it's not a climax run. Normally, I'd =
hold a stock and see if will form a handle and eventually break out =
again, but I wonder if their are times when I should sell into a rally =
rather than wait for the price movement to tell you what to do.  Assume =
fundamentals remain intact.

Thanks in advance.

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<DIV><FONT face=3DArial size=3D2>Question for canslim traders.&nbsp; If =
you think=20
that the market is in a short term correction (current market?)&nbsp;or =
trading=20
range, do you consider selling a stock if it gets close to a prior 52 =
week high=20
(independent of volume) even if it's not a climax run.&nbsp;Normally, =
I'd hold a=20
stock and see if will form a handle and eventually break out again, but =
I wonder=20
if their are times when&nbsp;I should&nbsp;sell into a rally rather than =
wait=20
for the price movement to tell you what to do.&nbsp; Assume fundamentals =
remain=20
intact.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Thanks in =
advance.</FONT></DIV></BODY></HTML>

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