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Strategies & Market Trends : LastShadow's Position Trading
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To: Dave Shares who wrote (16426)7/1/1999 8:34:00 PM
From: Jay Lyons  Read Replies (2) of 43080
 
BSX

Nice chart, Dave. Good entry point at 44, that's for sure. I would be more inclined to set the stop at the 50 day EMA (41 1/2 today), though. Looks to me as if it gives you enough wiggle room, and saves you a few grand if the position turns against you. Also gives you something concrete to work with as a trailing stop when the stock moves up, as well.

Money Management Is Everything. (Now if I could only walk the talk myself)

Jay

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