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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (5892)3/3/2000 9:58:00 AM
From: Bruce A. Brotnov  Read Replies (2) | Respond to of 6445
 
Jeff, I forgot to mention one I bought yesterday on B.O. from a month long handle - BARZ. Pretty good looking chart and not far from a decent CANSLIM pick.

Bruce



To: Bruce A. Brotnov who wrote (5892)3/3/2000 10:06:00 AM
From: Jeff Mulder  Respond to of 6445
 
<< no sell until there is a change in fundamentals, such as slow down in growth. >>

Yes, you do very well with that strategy. The times I've tried it, I've got stuck holding a stock because it fell first, then the change in fundamentals became known. Now, I'd rather sell a winner early than ride a stock up 60% and back down to breakeven, which is roughly what HOTT has done. It matters too that you tend to hold more stocks than I do. I cannot afford to hang onto laggards because it has too big a drag on my overall performance.

<< My little CANSLIM potential stocks (most put in 4-6 range) is up 98% for the year without a single CANSLIM stock. >>

Congratulations! I suspected you were doing very well with this portfolio. My watch list includes oodles of stocks that started in the single digits this year and have zoomed to $20 and beyond.

- Jeff