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

To: ST Trader who wrote (4467)	3/26/1999 12:10:00 PM
From: Jeff Mulder	Respond to of 6445

<< I got stopped out of SFP a few days ago, and am considering getting back in, but something scares me about how we had such a large sell off on big volume. >> I think much of this came from intermediate-term traders with stops immediately below the 50-day MA. Quite often I'll see a stock like SFP shoot down through its 50-day, pause, and climb back through it. - Jeff

To: ST Trader who wrote (4467)	3/26/1999 2:05:00 PM
From: Bruce A. Brotnov	Respond to of 6445

Scott, the market is always full of "couldas and wouldas", wonder why it always happens to us? I remember missing MCI at 11 something by an 1/8 and it went on up to the 70s shortly thereafter, but no, I didn't chase it either. <G> I thought about buying PCCC yesterday also as I was watching it firm at 12 area, it is up another point today. Been watching PSQL basing and it had a nice day yesterday also. RCCK I still hold, although I trimmed some when it started falling and it is up 2 points today. Bruce