The 56 Point TA; Charts With an Attitude 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 : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: qu168 who wrote (33607)	1/23/2000 1:53:00 PM
From: Doug R	Read Replies (3) of 79429

q, "Should I feel lucky that I sold all 500 shares @59 15/16?...since $60 was my target...I'll get back in 45-50 area. I do believe in your 120 target." Your situation now is that you've removed a measure of control by exiting completely. 500 shares was enough, IMO, to consider the option of sitting in a core position with 100 to 150 shrs.... "....sell the trading stuff and hold the core stuff." If the 15 to 25% pullback does not materialize you may find yourself in a quandary. If it bases out for several weeks, will you have the determination and patience to sit on that cash while holding out for that dip? If it just keeps going, will you chase it? And if so, commit the entire cash? There are other questions you may end up having to answer as well. Of course, there's always the option of a jaunt to the Algarve region in Portugal >>gg<< montedocasal.pt Congrats on a good trade....so far. Doug R

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next