From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3395 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, July 1 2003 Volume 02 : Number 3395 In this issue: [CANSLIM] Need some help in selling RE: [CANSLIM] Need some help in selling RE: [CANSLIM] tree and ntes Re: [CANSLIM] Need some help in selling -RE: [CANSLIM] Need some help in selling RE: [CANSLIM] Need some help in selling Re: -RE: [CANSLIM] Need some help in selling ---------------------------------------------------------------------- Date: Tue, 01 Jul 2003 10:28:53 -0400 From: "Pritish Shah" Subject: [CANSLIM] Need some help in selling Here is my problem, I definately know when to buy, I do not know when to sell except for one = rule -- 7% to 8% loss. And you guessed it -- I seem to be selling most of = my stocks at that point. Currently, I am at breakeven even though I bought = most stocks that were good. So I am trying to revisit all the sell rules. Can we compile a list 1) Sell when you hit 7% to 8% loss 2) Sell when you hit 20% profit but do not sell if 20% within one month 3) Sell when the stock moves out of trendline 4) Sell when the stock falls below 50dma on heavy volume So am I missing any more sell rules? Here is my situation: Over the last 45 days, I have bought 27 stocks. I have sold 21 for a loss = and 3 for 20%+ profit and have held on to other 3 for 20% profit. Basically, to make profit, I have to sell more than one-third at a 21-24% = profit and sell two-thirds at 7-8% loss.=20 So give me suggestions... What should I be doing? How can I make profit? Thanks, Pritish - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 09:57:35 -0500 From: "FXTrader" Subject: RE: [CANSLIM] Need some help in selling Pritish: I don't want to sound condescending but perhaps you should re-evaluate your buys. It would seem if you were buying properly you shouldn't be experiencing so many losses. If you get just 60% of your trade profitable and limit losses to 8%, you should make real money. Perhaps you can send a few past trades for everyone to look at. Just a thought. Rich C. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Pritish Shah Sent: Tuesday, July 01, 2003 9:29 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Need some help in selling Here is my problem, I definately know when to buy, I do not know when to sell except for one rule -- 7% to 8% loss. And you guessed it -- I seem to be selling most of my stocks at that point. Currently, I am at breakeven even though I bought most stocks that were good. So I am trying to revisit all the sell rules. Can we compile a list 1) Sell when you hit 7% to 8% loss 2) Sell when you hit 20% profit but do not sell if 20% within one month 3) Sell when the stock moves out of trendline 4) Sell when the stock falls below 50dma on heavy volume So am I missing any more sell rules? Here is my situation: Over the last 45 days, I have bought 27 stocks. I have sold 21 for a loss and 3 for 20%+ profit and have held on to other 3 for 20% profit. Basically, to make profit, I have to sell more than one-third at a 21-24% profit and sell two-thirds at 7-8% loss. So give me suggestions... What should I be doing? How can I make profit? Thanks, Pritish - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --- Incoming Mail & Attachments are Certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.495 / Virus Database: 294 - Release Date: 6/30/2003 - --- Outgoing Mail & Attachments are Certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.495 / Virus Database: 294 - Release Date: 6/30/2003 - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 08:31:56 -0700 From: "Richard Tafoya" Subject: RE: [CANSLIM] tree and ntes TREE is trading with IACI. An acquisition was announced several weeks ago with TREE shareholders getting 0.6199 shares of IACI when the merger closes this summer. It's a complex pot of companies (EXPE will also close a merger in the summer, ROOM's acquisition closed a week or so ago, Ticketmaster, Match.com and Entertainment.com are also omportant parts of the revenue mix). If one has a bad quarter, it could pull the whole parent entity down, but lately, they've all surprised to the upside fairly consistently. So if you're interested in TREE, watch IACI and EXPE closely over the next few weeks. As you may have seen in an earlier message, IACI has had a very big run and could be getting ready for some new base-forming activity. I see it's pulling back so far today on what looks like healthy volume. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Simon MacMahon Sent: Tuesday, July 01, 2003 4:51 AM To: canslim@lists.xmission.com Subject: [CANSLIM] tree and ntes TREE and NTES are two stocks that I am currently interested in. Looking at their charts though there doesn`t appear like there is going to be any low risk entry point in the near future. Both are lacking a cup. TREE seems to be forming a base on a base. NTES seems to be have broken out of a short handle after a long runup. I suspect that most pure CANLIMERs would stay away from these stocks but there seems to be quite a few other stocks showing similar formations. I am curious what other people think of NTES` chart in particular. Thank you. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 08:59:38 -0700 (PDT) From: Top Secret Subject: Re: [CANSLIM] Need some help in selling - --0-2073743526-1057075178=:83041 Content-Type: text/plain; charset=us-ascii Here is what I think. Before you Buy anything 1. Have a buy price 2. Have a stop price 3. Have a sell price. I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off. You are working on a set of rules which you adhere to so you are making progress. I just joined the group yesterday and I look forward to hearing everyone's opinion. Pritish Shah wrote: Here is my problem, I definately know when to buy, I do not know when to sell except for one rule -- 7% to 8% loss. And you guessed it -- I seem to be selling most of my stocks at that point. Currently, I am at breakeven even though I bought most stocks that were good. So I am trying to revisit all the sell rules. Can we compile a list 1) Sell when you hit 7% to 8% loss 2) Sell when you hit 20% profit but do not sell if 20% within one month 3) Sell when the stock moves out of trendline 4) Sell when the stock falls below 50dma on heavy volume So am I missing any more sell rules? Here is my situation: Over the last 45 days, I have bought 27 stocks. I have sold 21 for a loss and 3 for 20%+ profit and have held on to other 3 for 20% profit. Basically, to make profit, I have to sell more than one-third at a 21-24% profit and sell two-thirds at 7-8% loss. So give me suggestions... What should I be doing? How can I make profit? Thanks, Pritish - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --------------------------------- Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! - --0-2073743526-1057075178=:83041 Content-Type: text/html; charset=us-ascii
Here is what I think.
 
Before you Buy anything
 
1. Have a buy price
2. Have a stop price
3. Have a sell price.
 
I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off.
 
You are working on a set of rules which you adhere to so you are making progress.
 
I just joined the group yesterday and I look forward to hearing everyone's opinion. 
 

Pritish Shah <pshah@lason.com> wrote:

Here is my problem,

I definately know when to buy, I do not know when to sell except for one rule -- 7% to 8% loss. And you guessed it -- I seem to be selling most of my stocks at that point. Currently, I am at breakeven even though I bought most stocks that were good.

So I am trying to revisit all the sell rules. Can we compile a list

1) Sell when you hit 7% to 8% loss
2) Sell when you hit 20% profit
but do not sell if 20% within one month
3) Sell when the stock moves out of trendline
4) Sell when the stock falls below 50dma on heavy volume

So am I missing any more sell rules?

Here is my situation:

Over the last 45 days, I have bought 27 stocks. I have sold 21 for a loss and 3 for 20%+ profit and have held on to other 3 for 20% profit.

Basically, to make profit, I have to sell more than one-third at a 21-24% profit and sell two-thirds at 7-8% loss.

So give me suggestions... What should I be doing? How can I make profit?

Thanks,
Pritish


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.

Do you Yahoo!?
SBC Yahoo! DSL - Now only $29.95 per month! - --0-2073743526-1057075178=:83041-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 11:09:42 -0500 From: "Katherine Malm" Subject: -RE: [CANSLIM] Need some help in selling This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01C33FC1.454DA3E0 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Welcome to the group Top Secret and glad to have you on board. We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN. Here is a link to our FAQ so that you can become familiar with our list-centric jargon: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret Sent: Tuesday, July 01, 2003 10:00 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Need some help in selling Here is what I think. Before you Buy anything 1. Have a buy price 2. Have a stop price 3. Have a sell price. I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off. You are working on a set of rules which you adhere to so you are making progress. I just joined the group yesterday and I look forward to hearing everyone's opinion. - ------=_NextPart_000_0012_01C33FC1.454DA3E0 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable
Welcome to the group Top Secret = and glad to=20 have you on board.
 
We ask that as a courtesy to our = members=20 that you use your real name, though first names are acceptable if you = prefer.=20 This creates a sense of community unlike the more anonymous boards at = Yahoo and=20 MSN.
 
Here is a link to our FAQ so that = you can=20 become familiar with our list-centric jargon:
 
http://Wall= Street-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or

 http://Wall= Street-LLC.com/canslim/CANSLIMFAQ.zip=20 (zipped version for those who are having trouble displaying the document = within=20 their browser)

 

Katherine

-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top=20 Secret
Sent: Tuesday, July 01, 2003 10:00 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Need some = help in=20 selling

Here is what I think.
 
Before you Buy anything
 
1. Have a buy price
2. Have a stop price
3. Have a sell price.
 
I base my prices on what the chart says. I don't use percent = points=20 although that may work for you. I use trailing stops on the way up. = Why sell=20 if it has a 20% profit it may have more on the way. Trailing stop will = let=20 your profits run and make the sell decision for you. If the stock hits = your=20 objective sell price you may sell half and lock in the profit and hold = the=20 other half to see what happens. Best strategy I've heard for years and = never=20 really dawned on me till lately " Let your profits run, cut your = losses short"=20 Following that strategy you only have to be right 50% of the time to = be a=20 successful trader. Takes some of the pressure off.
 
You are working on a set of rules which you adhere to so you are = making=20 progress.
 
I just joined the group yesterday and I look forward to hearing=20 everyone's opinion. 
- ------=_NextPart_000_0012_01C33FC1.454DA3E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 12:27:30 -0400 From: "Mark Kerson" Subject: RE: [CANSLIM] Need some help in selling This is a multi-part message in MIME format. - ------=_NextPart_000_0029_01C33FCC.2563C680 Content-Type: multipart/alternative; boundary="----=_NextPart_001_002A_01C33FCC.2563C680" - ------=_NextPart_001_002A_01C33FCC.2563C680 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Top Secret is WON. He has joined our board to learn new stuff and refine his system. Mark - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Tuesday, July 01, 2003 12:10 PM To: canslim@lists.xmission.com Subject: -RE: [CANSLIM] Need some help in selling Welcome to the group Top Secret and glad to have you on board. We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN. Here is a link to our FAQ so that you can become familiar with our list-centric jargon: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret Sent: Tuesday, July 01, 2003 10:00 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Need some help in selling Here is what I think. Before you Buy anything 1. Have a buy price 2. Have a stop price 3. Have a sell price. I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off. You are working on a set of rules which you adhere to so you are making progress. I just joined the group yesterday and I look forward to hearing everyone's opinion. - ------=_NextPart_001_002A_01C33FCC.2563C680 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable

Top Secret is WON. =

 

He has joined our board to learn = new stuff and refine his system.

 

 

Mark

 

-----Original = Message-----
From: = owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: Tuesday, July 01, = 2003 12:10 PM
To: = canslim@lists.xmission.com
Subject: -RE: [CANSLIM] = Need some help in selling

 

Welcome to the group Top Secret and glad to = have you on board.

 

We ask that as a courtesy to our members that = you use your real name, though first names are acceptable if you prefer. This = creates a sense of community unlike the more anonymous boards at Yahoo and = MSN.

 

Here is a link to our FAQ so that you can = become familiar with our list-centric jargon:

 

-----Original Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret
Sent: Tuesday, July 01, = 2003 10:00 AM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Need some help in selling

Here is what I = think.

 

Before you Buy = anything

 

1. Have a buy = price

2. Have a stop = price

3. Have a sell = price.

 

I base my prices on what the chart says. I = don't use percent points although that may work for you. I use trailing stops on = the way up. Why sell if it has a 20% profit it may have more on the way. = Trailing stop will let your profits run and make the sell decision for you. If the = stock hits your objective sell price you may sell half and lock in the profit and = hold the other half to see what happens. Best strategy I've heard for years and = never really dawned on me till lately " Let your profits run, cut your = losses short" Following that strategy you only have to be right 50% of the = time to be a successful trader. Takes some of the pressure = off.

 

You are working on a set of rules which you = adhere to so you are making progress.

 

I just joined the group yesterday and I look = forward to hearing everyone's opinion. 

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Do not use quotes in your email. ------------------------------ Date: Tue, 1 Jul 2003 09:30:03 -0700 (PDT) From: Top Secret Subject: Re: -RE: [CANSLIM] Need some help in selling - --0-958083367-1057077003=:7168 Content-Type: text/plain; charset=us-ascii Hopefully this is more acceptable. Katherine Malm wrote:Welcome to the group Top Secret and glad to have you on board. We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN. Here is a link to our FAQ so that you can become familiar with our list-centric jargon: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret Sent: Tuesday, July 01, 2003 10:00 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Need some help in selling Here is what I think. Before you Buy anything 1. Have a buy price 2. Have a stop price 3. Have a sell price. I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off. You are working on a set of rules which you adhere to so you are making progress. I just joined the group yesterday and I look forward to hearing everyone's opinion. - --------------------------------- Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! - --0-958083367-1057077003=:7168 Content-Type: text/html; charset=us-ascii
Hopefully this is more acceptable.

Katherine Malm <kmalm@earthlink.net> wrote:
Welcome to the group Top Secret and glad to have you on board.
 
We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN.
 
Here is a link to our FAQ so that you can become familiar with our list-centric jargon:
 
http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or

 http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser)

 

Katherine

-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret
Sent: Tuesday, July 01, 2003 10:00 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Need some help in selling

Here is what I think.
 
Before you Buy anything
 
1. Have a buy price
2. Have a stop price
3. Have a sell price.
 
I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off.
 
You are working on a set of rules which you adhere to so you are making progress.
 
I just joined the group yesterday and I look forward to hearing everyone's opinion. 

Do you Yahoo!?
SBC Yahoo! DSL - Now only $29.95 per month! - --0-958083367-1057077003=:7168-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #3395 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.