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Strategies & Market Trends : Pitbull Investing Strategies -- Ignore unavailable to you. Want to Upgrade?


To: John Langston who wrote (476)11/9/1997 6:18:00 AM
From: gonzongo  Read Replies (2) | Respond to of 789
 
I think we should go long on RS=100 short the rest (g)

andy



To: John Langston who wrote (476)11/9/1997 7:38:00 AM
From: Doo  Read Replies (1) | Respond to of 789
 
John: What "confirming signals" are the folks on the 99 thread looking for to add to their approach? And, BTW, what is their approach? I just can't wade through all the "noise" to get any sense of what it is.

As for the number of posts, just seems like confirmation that the high flying IBD ranked stocks are great short candidates. Cuz when the big boys turn off the cash, the little guys run it up just enough to force a huge correction. That's what the submariner's like, right?

Jeff



To: John Langston who wrote (476)11/9/1997 8:38:00 AM
From: Doo  Read Replies (1) | Respond to of 789
 
John: Woodward/Telescan thread is interesting. Thanks for pointing it out. Read back through his posts only, at least back into late Sept. Only saw one comment about "M" and it had the smell of O'Neill. I'll check in occasionally. Doubt his approach is much different than Chap. 7 or the Farmer. Pretty simple watching the IBD index charts for the signals, with a little practice.

Sure makes me uncomfortable to go to yet another site where people are foaming at the mouth over stocks like MIND, etc. A healthy reminder that the high PE, obvious stocks should generally be avoided (eventhough they are part of the CANSLIM discipline). Finding MIND and ORBKF before they are obvious is the way to go, IMO. PB Long helps tremendously in that effort, but as I say, you've got to be willing to break a few of the rules to find the potentially great ones and never forget the "M".

Jeff