<<I have ZOLL on my watch list and it looks pretty good. Agree, KSWS looks pretty sad and was joined by SCNYA on Friday. Thursday I took 1/2 of SCNYA off the table (in the model) since it was a double from $12. Only the gains are at risk.>>
I tend to look at things a little differently. When a stock starts acting lousy, and certainly when the sector does as well, I will bail. The athletic shoe sector is not very pretty, SCNYB i think was the sole <g> survivor. So, I will bail, and if i am wrong and it goes higher, rebuy, rather than just selling half, and seeing what happens. It is true that only the gains are at risk, but that is still money, and if the stock drops, your net worth decreases. just my way of thinking, however. |
