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


To: Ralph Garcia who wrote (737)4/4/1998 2:03:00 PM
From: Ed Middleton  Read Replies (1) | Respond to of 789
 
Ralph,

I have not done my weekly adjustment yet with Monday's IBD but up to the end of April 2 I have the following on my list:

BWA, CCL, HHS, HHS(2), KR, LAF, LISB, QHGI

differences:
AC - sold at sell stop on March 27 at $51.29
PVN - sold at sell stop on March 30 at $57.04
KR - still own.

Are the differences just due to the difference in the purchase price between your and my systems?

Ed



To: Ralph Garcia who wrote (737)4/6/1998 12:03:00 AM
From: Kenric  Read Replies (1) | Respond to of 789
 
Ralph,

Do you ever follow what happens to the Pitbull selections once you sell them. Looking at your 98 trading history I notice that alot of your stocks sell at less than 1 point gains. But digging deeper, alot of those stocks you sell at losses or minimal gains have had large increases since you sold.

I personally think the Pitbull exiting strategy exits too quickly because alot of stocks pull back slightly after a new high.

I am using Pitbull to buy stocks and hold, so I don't really use the sell stops.

For example, your first 5 stocks sold this year.

MLI - sold at 51.125, now at 64.625 profit 10.6%
XPED- sold at 26.75, now at 36.625 profit 32%
XEL - This was at 28 in January???
LNTV - not trading??
CNK - sold at 29.5, now at 28.875 gain 0%

I have actually bought some Pitbull selections and held them without
checking. I am curious as to which sell signal you hit the most?
Is it the Rel Str or the Stop Loss?

Kenric