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To: Alski who wrote (150)	9/1/1999 4:26:00 PM
From: ivan solotaroff	Respond to of 1065

EXIT STRATEGIES Would that mean you bought?

To: Alski who wrote (150)	9/1/1999 4:29:00 PM
From: Doug R	Read Replies (2) \| Respond to of 1065

Alski, Protective stop on all cats is 2 ticks below signal day low unless that occurs on volume greater than each of the 3 previous days. As for exit on profit...just follow Ivan... Doug R

To: Alski who wrote (150)	9/1/1999 5:10:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 1065

Al, Two basic ways out (of a profitable situation, that is): One: Violation of accelerated uptrend: Let's say it goes up to 5/8 tomorrow, then 3/4 on Friday, then up to 5 on Tuesday, then suddenly starts skeddadling up to 5 3/4, 5/ 7/8; draw your trendlines intraday, and sell at the first break of the acceleration. Two: The volume plus1 Method: Hold until you get a day of volume significantly higher than the previous three days. (Generally, this will accompany a sharp rise in price.) Then sell into the highest high you can figure out the next morning. That's the two basics. Others include: 1) The moment you feel panicky; 2) The moment you see a stock you like better; 3) The moment it loses 1/32; 4) You get the picture. Ivan PS: Tomorrow's my day in NYC, so none of my hobbergash till Friday. Feel free to pick Doug's brains, right Doug?