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

To: ST Trader who wrote (30)	2/22/2000 11:31:00 AM
From: Bruce A. Brotnov	Respond to of 128

Scott, someone on bb speculated that SFP is having some cash flow problems waiting on payments from its customers. I agree that a pullback to some support and a market stabilizing and we add to the core holding. Some pretty heavy selling (and over selling) in biotechs today. I like IPIC below $4 for an add as well. DOw is coming back a little as we speak (-55), but the day is not over. I think the street is also looking for a bottom, but no one willing to do a whole lot of buying until they are sure 10,000 holds. As you say the small stocks are holding up quite well considering the rest of the market. SAH is worth watching as it has a nice base at $8. and just reported strong earnings this morning. Bruce

To: ST Trader who wrote (30)	2/22/2000 6:25:00 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 128

Scott, I posted this on Poormans web and you might be interested as you were discussing hold vs short term trading. I would have done better holding from the first week of JAN. Guess that is why I am still "Poorman". LOL COMMENTS: No trades in $10k, one in $100k and several in $1M models. $100k rebounded nicely in spite of drop in SFP to its 50 DMA support. Nice reversal in DOW in the afternoon, but need to keep it well above critical 10,000 support or were looking at 1998 scenario when it burst 8300 support. Had a discussion this weekend about holding or trading. I decided to check the $10k if we had held those first buys: (GRIN,PSTA,AMBI,DURA,EPII,MDCI,TRIBY) from 3-10 January when we filled the $10k model. I'm embarrassed to say that we would be up 83.6% (vs 74.5%) if we strictly held it. HUMM?? www.poormans.com