C-A-N-S-L-I-M...Using O'Neil and his methods... Message Board

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Strategies & Market Trends : C-A-N-S-L-I-M...Using O'Neil and his methods...

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To: Jerry Kelleher who wrote (127)	10/24/1996 6:58:00 AM
From: Joshua A. Gottesman	of 344

O'Neill says to base it on your knowledge of the stock. I believe he recommends selling half of your 20% gainers (I believe that's half of the total number of stocks, not half of each individual stock). If you know a lot about the company and expect it to keep rising, don't sell. If you bought purely on technicals/CANSLIM, sell. One important caveat. NEVER LET A 25% GAINER BECOME A LOSER!! I and I'm sure many others have made this mistake. If the stock gets close to your purchase price, sell and move on to the next stock. Tree

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