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Strategies & Market Trends : Pitbull Investing Strategies
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To: John Langston who wrote (69)5/15/1997 7:27:00 AM
From: Ralph Garcia   of 789
 
John,

Thanks for clarifying the "more than 5 point" rule. I know Ford suggests taking a weekly sounding of the market but I'm going to try to capture each days activities and see what I can capture. In doing so I'm easily exceed his limit of 8 to 10 stocks.

Since my model starts with 200K and I'm placing about 5K in each position I'm looking for no less than 40 positions. At some point I'll have to cull or go on margin. That will bring its own set of problems. But until then, lets learn as much a we can.

Ralph

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