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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (4755)7/17/1998 9:24:00 PM
From: Judy  Read Replies (2) of 34811
 
Hi Tom, so at which point did you take profits on SRCM?

Some people say that a profit is not a profit and a loss is not a loss until one takes it. Not precise.

A profit is not a profit until one takes it. True, for the gains are locked in when one takes profit. Guaranteed. Period.

A loss is not a loss until one takes it. Not precise, there is NO guarantee that the trading vehicle will return to profit zone. Period.

btw, next target price for ASND is 57ish, where there is true resistance.

Have a good weekend.
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