Re: Questions for Steve Karnish

["Steve Karnish" <kernish@xxxxxxxxxxxx>]

Theo,
 
I use a totally different approach for the money I 
have under management.  The site was designed five years ago and hasn't 
been changed.  I would never trade some of these stocks ...considering the 
level where they have depreciated to.  The American public still doesn't 
understand a "short sale".   The site will be changing 
soon.
 
Thanks for your comments,
 
Steve Karnish, CTACedar Creek Trading<A 
href="http://www.cedarcreektrading.com";>www.cedarcreektrading.com1-877-668-1125
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Theo 
  Lockefeer 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Tuesday, October 01, 2002 2:25 
  AM
  Subject: Questions for Steve 
Karnish
  
  Dear Steve,
   
  I studied the system your are applying on the 
  stocks
  selected on your site and i don't understand a 
  lot of things.
  to start with a few basic remarks :
   
  1)  Why are not you using money mangement 
  techniques and cut
       loses short 
  ?
      (there are some big problems 
  in the porfolio,which
        could have been 
  avoided, using simple stoploss orders)
   
  2)  why are you buying and holding stocks 
  which are in a downtrend
       in stead of short 
  selling and cover buying them ?
       ( buying and holding is 
  ok for UP trending stocks but imho
         principal 
  wrong in a DOWN trend because you are going then
         against the 
  trend)
   
  Greetings from Belgium
   
  Theo Lockefeer
   
   
       
   
   
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