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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (4336)2/18/1999 11:06:00 PM
From: Carl Worth  Read Replies (1) | Respond to of 6445
 
Bruce-

Took a quick look at PVAT, looks very good, even somewhat of a cup and handle forming. :)

As I wrote in my e-mail to you a while back, I think I have to be patient with these smaller stocks as long as nothing changes fundamentally, as once the fervor dies down from the earnings, they seem to fade into oblivion for 2.5 months and it's hard to make any money on them unless you can manage to sell at the top and buy back lower, which of course means you take the chance of not picking the top end of the range and having the stock go another 50/100/200% on you while you watch in dismay.

It still looks like a pretty much sideways market to me, so I will stay where I'm at for a while and then nibble here and there where there appears to be opportunity. In the meantime, I'm making my 4% annual yield in the money market. <GG>

Carl