Re: [CANSLIM] Intro: Hugh Fader

From: canslim@email.com
Subject: Re: [CANSLIM] Intro: Hugh Fader
Date: Mon, 31 May 1999 00:00:33 -0400 (EDT)

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Welcome Hugh to the wonderful group of canslim.

Royal Oaks is a wonderful place and I lived there close to the Detroit Zoo from 1980-1982 prior to the I-696 thru the town. I still go there to visit sometimes.

Enjoy and profit from the wonderful gurus on the list.

Welcome again.


 ---- On May 30 "Tom Worley" <stkguru@netside.net> wrote: 
> Hi Hugh,
> 
> First, welcome to the group and thanks for the intro. I
> imagine summer is finally starting to arrive in your area (I
> spent four years in The Soo, where there were only two
> seasons: winter and the 4th of July).
> 
> Trying to get the entry point exact, or even close, is very
> difficult if you have a day job. On the ones where I
> succeeded, it occurred by looking at the chart that morning
> and making a buy decision; then entering a limit buy order.
> If I could be sure of the time to monitor trading during the
> day, I would not use limit orders nor enter an order prior
> to 9:45 or so, but that's no longer an option the way my job
> is going.
> 
> Because I am only trading small cap stocks, which tend to be
> both volatile and relatively thinly traded, I have also
> resorted to buying while still in the base, and gambling on
> an eventual breakout. At least then I can set a downside
> stop which is also relative to the base as well as my entry
> point.
> 
> I still miss more than I catch, but that's OK, there's
> always another one waiting in the wings.
> 
> Tom Worley
> stkguru@netside.net
> chat with me at ICQ # 5568838
> get ICQ software at http://www.icq.com/icqhomepage.html
> 
> 
> -----Original Message-----
> From: Hugh Fader <hfader@hotpop.com>
> To: canslim@xmission.com <canslim@xmission.com>
> Date: Sunday, May 30, 1999 10:30 AM
> Subject: [CANSLIM] Intro: Hugh Fader
> 
> 
> Hello,
> 
> I am Hugh Fader, a 40-year-old computer engineer from Royal
> Oak,
> MI. I have been "lurking" for several months reading the
> digests
> of this group and have learned a lot. I now want to become
> more
> active in the group.
> 
> I have been using CANSLIM to invest since last fall with
> moderate
> success. One of the biggest problems I have is hitting the
> entry
> point correctly on a buy. It seems almost impossible to do
> this
> consistently without monitoring your watchlist
> minute-by-minute.
> I am interested in learning more about how people with day
> jobs
> handle this.
> 
> Looking forward to getting to know you all better.
> 
> Hugh
> 
> 
> -
> 
> 
> 
> -
> 


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