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


To: Harold who wrote (4499)3/30/1999 4:22:00 PM
From: Jeff Mulder  Respond to of 6445
 
Just charting software and a lot of watch lists. I regularly update and review a CANSLIM watch list, a "Weekend Review" watch list, etc.

I also have watch lists for several dozen IBD industry groups. I review the stocks in the top performing groups and the groups with steadily rising RS.

I sort out the stocks with the best-looking bases into their own watch list and research them. If a stock's FA, group strength, and base pattern are all acceptable, I'll put in at GTC buy stop immediately above the breakout point. For example, I've got a buy stop on VTSS at $53 and one on SDRC at $20 1/8.

- Jeff