Dorsey Wright & Associates. Point and Figure Message Board

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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Doppler who wrote (5828)	2/2/2000 12:41:00 PM
From: Ms. X	Read Replies (1) of 9427

Depends on the stop in a way. If you have a hard stop it sells at the stop point. If you have a mental stop one would think a plan was made ahead of time to either sell at that point or sell on a rally up. A stop can be hard and absolute or it can be a warning to sell on a rally...or if you have a soft stop and it keeps selling you may decide to dump it. You also have to take in consideration of the overall chart format. If it has support lower than your stop to bounce off of etc. Right now the market has provided rallies. If a stop point was hit and the stock rallied without making a new high I'd take the rally as an exit and be done with it.

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