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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper

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To: James Young who wrote (25)9/24/1997 6:46:00 PM
From: Lauren   of 438
 
James--The methodology is momentum based; the entry point is when you buy. If the stock doesnt advance to the entry point, you dont bother to buy. He also says not to front run the signals, ie dont buy at 44 if he says buy at 44 1/4.The stock must trade at 44 1/4 before it is a valid signal. He suggests selling when the price is up a point, or locking in profits with a partial sale.
Hope this helps!
Lauren
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