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Strategies & Market Trends : Pitbull Investing Strategies
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To: John Langston who wrote (17)3/21/1997 11:50:00 PM
From: philip TESORIERO   of 789
 
trial and error is sometimes the best teacher,I did say I did not give the stocks enough time ,but that was due to my lack of patience . This system is by no means one for a person who only want to hold a stock for short periods of time(2-8weeks) like I like to do ,Therefore i do feel it taught me some good points yet i also feel if some variations are made to the system it can become a more effective shorter term trading tool .For instance the 5 year hi rule : I feel this is a little tough to swallo resistence that old is not as much a problem as a previous high only 1 year ago ,so I changed that rule for myself .I am also finding after it was pointed-out to me that stocks with rs>90 and eps.>65 are also good movers .there are some other manipulations that you will figure out that go along with what i have just said that pull everything together to find a winning play .I will finish by saying that if you are a long term holder than you will NOT get hurt playing this system.
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