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


To: Ralph Garcia who wrote (748)4/12/1998 10:02:00 PM
From: Dan Merfeld  Read Replies (1) | Respond to of 789
 
I am new here so be gentle. I was researching PB and decided to go the a thread to find out more information.
What has been the experience of subscribers, good and bad? Does it take alot of time to use? Has it been successful using it? If so, what has been you annual rate of return. I already have mutual funds doing 25, 30, 40 and 45%. Can I do better or is my money better in the funds?
All responses are welcome.



To: Ralph Garcia who wrote (748)4/13/1998 12:29:00 AM
From: Kenric  Respond to of 789
 
I really don't use any hard stops to sell. Once I buy a stock through Pitbull I follow it maybe twice a week and of course on Saturdays IBD. I do some research on the stock and sort of get a feel for it. As long as IBD lists its EPS pretty high and they dont start to decline every week, I keep it. I also watch the RS, if it really tumbles then I may decide to sell. Else, I'm pretty much a buy and hold person for a couple months. OF course if the price starts to drop I also sell, but I also look at why the price drops. If the overall market drops and my stock is also dropping, but EPS and RS are steady, I probably would keep the stock.