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Strategies & Market Trends : Poorman's - CANSLIM Potential Stocks

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To: ST Trader who wrote (30)2/22/2000 6:25:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 128
 
Scott, I posted this on Poormans web and you might be interested as you were discussing hold vs short term trading. I would have done better holding from the first week of JAN. Guess that is why I am still "Poorman". LOL

COMMENTS: No trades in $10k, one in $100k and several in $1M models. $100k rebounded nicely in spite of drop in SFP to its 50 DMA support. Nice reversal in DOW in the afternoon, but need to keep it well above critical 10,000 support or were looking at 1998 scenario when it burst 8300 support. Had a discussion this weekend about holding or trading. I decided to check the $10k if we had held those first buys: (GRIN,PSTA,AMBI,DURA,EPII,MDCI,TRIBY) from 3-10 January when we filled the $10k model. I'm embarrassed to say that we would be up 83.6% (vs 74.5%) if we strictly held it. HUMM??

www.poormans.com
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