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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Jack Jagernauth who wrote (8800)	10/9/1999 11:42:00 AM
From: JZGalt	Read Replies (1) \| Respond to of 18928

Jack, I don't have a long enough track record to give you that sort of answer. I've also been constrained by stop loss part of Confirmatory Analysis in this area when it may not be valid. One of the reasons I hang out here in the AIM thread is that the Quadrant II stocks tend to have enough downside sometimes that averaging down in my world makes sense vs. selling and moving on. In the original concept of CA.com the stop loss orders makes sense, but if you are buying on the cheap, you may have to buy before the chart pattern gets completely clear. DCTM is a case in point. I knew the company from DD I do occasionally and when they got smashed I bought 500 shares at $10. Yesterday it was flirting with $30, but nothing in the parameters would fill you into to that potential except the growth rate. That just isn't enough. Needless to say we are making changes to improve both the reliabiity and the performance. ----- Dave PS, I sprung for a big 50 shares of HIFN Friday morning. No chart pattern in the world would allow you to buy into that one and I don't recommend it for anyone other than those who have Vegas sorts of money to play with. <grin>