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Strategies & Market Trends : Pitbull Investing Strategies

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To: John Langston who wrote (476)11/9/1997 8:38:00 AM
From: Doo  Read Replies (1) of 789
 
John: Woodward/Telescan thread is interesting. Thanks for pointing it out. Read back through his posts only, at least back into late Sept. Only saw one comment about "M" and it had the smell of O'Neill. I'll check in occasionally. Doubt his approach is much different than Chap. 7 or the Farmer. Pretty simple watching the IBD index charts for the signals, with a little practice.

Sure makes me uncomfortable to go to yet another site where people are foaming at the mouth over stocks like MIND, etc. A healthy reminder that the high PE, obvious stocks should generally be avoided (eventhough they are part of the CANSLIM discipline). Finding MIND and ORBKF before they are obvious is the way to go, IMO. PB Long helps tremendously in that effort, but as I say, you've got to be willing to break a few of the rules to find the potentially great ones and never forget the "M".

Jeff
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