SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Daveyk who wrote (2739)12/11/1997 9:33:00 PM
From: WBendus  Respond to of 6445
 
I believe that O'Neil said that it was okay to buy into companies that are bucking down trends. They are just harder to find, but it is okay to invest without the market in your sails provided the company is performing.

Watch for new entrants into the new highs table, they might make potential candidates. It might also be prudent to do searches on stocks that are within 5% of new highs. This kind of market can form the handle in the cup and handle pattern.

Wayde.



To: Daveyk who wrote (2739)12/12/1997 4:03:00 AM
From: BenYeung  Respond to of 6445
 
Dave, you looking for a handle? Mark my words for this, the coming MONDAY (12/15) and maybe TUESDAY TOO WILL BE the handle. REGARDLESS OF THE BAD NEWS OUT THERE, please buy your favorite stocks on these two days.

Best of luck to you all, dont sell any of your holdings. Instead, add more to it.

Ben Yeung



To: Daveyk who wrote (2739)12/12/1997 9:11:00 AM
From: Muizz M. Kheraj  Respond to of 6445
 
<< Seriously this market may cause all of us to watch for a bit if we follow 8% stop loss rule.>>

Dave,

It's true, with the volatility of this market...you can't help but glance at your stocks at least 3-4 times/daily...I mean you don't want to put a limit order into the market (because we know that market makers love that)...but it's tough to keep glancing at this market!!!

Muizz