RE: [CANSLIM] about the market


From: "Jeff Henderson" <JHend746@cox.net>
Subject: RE: [CANSLIM] about the market
Date: Fri, 22 Aug 2003 18:23:38 -0500

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I was using a moving stop-- I still made money I just hit my exits when
I knew the day before their was a high chance.  That's all.

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Jeff Henderson
Sent: Friday, August 22, 2003 5:31 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] about the market

Yesterday and the day before, I got the feeling that the market was
overpriced and would be coming back down.  Today all my stocks dropped
and 3 of my stocks hit their exits (I exited) should I have gone on
instinct and exited yesterday or did I do the right thing by sticking to
my system?

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Yien T Lung
Sent: Friday, August 22, 2003 1:44 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] When to Sit and Wait and when to Sell

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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