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Strategies & Market Trends : Poorman's - CANSLIM Potential Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (23)1/11/2000 12:49:00 PM
From: Bananawind  Respond to of 128
 
Bruce:

Thanks for the suggested readings. I'll check them out.

I like your idea about mental stops. Good advice. Seems the trick is to stay disciplined enough to sell when a stop is met when instincts might otherwise say to hang on. Regardless, I need to give it a try so I don't continue to lose stocks that are fluctuating mid-day.

Good luck!

Kevin M.



To: Bruce A. Brotnov who wrote (23)1/21/2000 10:06:00 PM
From: Bananawind  Read Replies (1) | Respond to of 128
 
Bruce:

Some of your suggested readings arrived from Amazon this week:

- Weinstein - Profit in Bull and Bear
- Murphy - Visual Investor
- WON - his new 24 steps
also:
- Jesse Livermore
Should be totally confused by the time I'm done reading all these. <G>

Your advice of placing mental stops paid off for me this week. Saved my holdings of SYBS (would have lost at 15.75 - sold today for 22.875) ESST, TLGD. Amazing to watch the intra-day prices dip down as the MMs seemingly build inventory as the price comes roaring back.

Can you elaborate on your 'fair value' of 36 for NITE? Is this the same as your Target Price you use in Poormans? The earnings for this stock both current and potential look great, and with the latest NASDAQ volume what am I missing?

Thanks for your help?

Kevin M.