Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (436022)	11/20/2008 10:26:23 PM
From: bentway	Read Replies (1) of 1574096

I'm not trying to pick exact bottoms or tops Ted. If the Dow comes to life tomorrow, goes up 10% and my DXD stops out, at the moment, I'll still be a good 12% ahead. By setting my trailing stop at 10%, I'm trying to accommodate the bear market rallies like the one we had today on the rumor of a deal with the auto makers. With my normal 5% trailing stop, DXD was stopping out every little bear rally, and the funds were tied up in clearing and unavailable, as the Dow continued to drop AFTER the bear market rally. I'm not a range trader and I'm not charting channels. I'm more of a mood and sentiment speculator. I think there may well be a sustained up move before the next down leg into deep depression. I'm thinking around Obama's inauguration.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next