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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (2778)12/30/1997 9:25:00 AM
From: Muizz M. Kheraj  Read Replies (2) of 6445
 
Bruce,

Still feeling this CANSLIM principle out. I am seriously thinking about closing out APCO. As Bill O'Neil said once, do not attempt to chase a stock. APCO broke out a few months ago at 5 and having bought it at 6 7/8 currently, I feel, qualifies as a chase. In addition, I think I may have jumped on CHRZ too early (breakout is at 44 1/8), but due to the fact that it is a Y2K stock, I do expect a breakout in the near future...I will watch this one closely as well. CBR & GNTX have both performed magnificently.

I looked at ACRT and TSRI. Both look solid, but I am not overly impressed with ACRT and it's earnings. TSRI, on the other hand, looks to be a buy at 17.

Good luck.

Muizz
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