[CANSLIM] When to Sit and Wait and when to Sell

From: Yien T Lung <ylung@engin.umich.edu>
Subject: [CANSLIM] When to Sit and Wait and when to Sell
Date: Fri, 22 Aug 2003 14:43:39 -0400 (EDT)

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Hi people,

From your experience, what do you guys do to a stock that has BO, but has
not moved much or even come back to its original pivot point. I remember
Jesse Livermore saying that it was much more profitable to ride on your
trade than to cut your gains after a certain percentage gain. In other
words, what kind of criterias to look in order to tell if the stock you
bought is a winner - so stick with it,  or a dog - sell it or even go
short?


thanks
Yien


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