Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (436027)	11/20/2008 11:44:06 PM
From: tejek	of 1575708

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. That makes sense...........just so long as you're okay with leaving $3k-4k on the table, assuming you have 3-400 shares and get stopped out eventually. The only good news I've heard today is the ultimate bear, Bill Fleckenstein, is closing out his 10 year short fund and will go long sometime in the future.

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