To: Paul Senior who wrote (2482 ) 11/16/1997 1:58:00 AM From: John Langston Respond to
Paul: I've been studying short-term trading for three years. I've looked at numerous approaches. I use Pitbull (a variation of CANSLIM) for short-term trading, long and short (short-term meaning my average hold-period is 5-1/2 weeks). It works well. I have a friend here in Houston that is a very successful CANSLIM investor who owns more than 100 stocks. He buys stocks making "new highs" with the intention of never selling them unless he is forced to. I couldn't do that. I can't bring myself to make a long-term commitment to a stock without using some form of value approach. And, I see the need for long-term investments. I am trying to learn the best method for picking solid long-term holdings.
