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Strategies & Market Trends : Pitbull Investing Strategies

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To: Ralph Garcia who wrote (135)6/10/1997 12:06:00 PM
From: John Langston   of 789
 
Ralph: Just thought I might clarify a point that I think is unclear in the manual. We've all noticed that a number of concepts in the manual are unclear. (g)

The RS stop AND the trailing stop (discussed at the bottom of page 19 and top of page 20) are to be used concurrently, not either/or. The RS 5-point+ drop is judged WEEKLY; the trailing stop is judged DAILY using highest CLOSING price. Was everyone aware of this?

John
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