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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: John Chapman who wrote (5201)9/7/1999 10:35:00 AM
From: Jeff Mulder  Read Replies (1) of 6445
 
<< A newsletter likes ORCL but thinks price could suffer if uninformed worries about Y2K abound in 4th Q. >>

I can probably find a newsletter that says something negative about any stock you'd consider buying.

Both O'Neil and Ryan advocate ignoring market talk, news, tips, etc. and focusing on chart patterns. And ORCL's chart pattern is clearly bullish. Stops will protect CANSLIM buyers from Y2K problems and anything else that might go wrong with the stock.

Meanwhile, we're already up 5% on the trade, and the volume remains heavy.

- Jeff
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