Market Gems:Stocks w/Strong Earnings and High Tech. Rank 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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alice simmons who wrote (5308)	2/12/1998 8:49:00 AM
From: LastShadow	of 120523

Responses: First, a trader sent me some picks to post - REAL, TELC - both looked good to me. Second, AMAT strike price for me was 41.75 before I exit for the year- although I will trade that one as it swings. Right now I am looking for 38. Stops - one sets stops based on two criteria - what the swing is for the ticker, and your risk tolerance. General rule of thumb is 8% below the previous day's low if you have been in it for awhile and making money. It really depends on the stock though - if its NAS and the mm's are going down and grabbing shares (single downspikes on charts), then you want to stay below that range. I will write up something shortly and post on this to make it clearer, and with examples. 2% is pretty tight, even for a $56 ticker like PGO - two or three days ago it went through a 2% spread intraday. However, if you Set stops depending on the pricing pattern for just yesterday, 2% would be reasonable for PGO especilly if you want out if it goes below that threshold or if thats your acceptable profit margin. CUBE - 24.75, and may adjust upward if it penetrates 24 on enough volume lastshadow

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next