That's what I'm doing too, more or less. At 37 to 40, I'll be unloading the shares I bought at those prices. And, if those clear, then I'll buy back, in smaller increments, from 29 on down. Even with this bump, I'd say the odds are not that good of getting my exit price, but I am prepared to be patient. If not this bounce, then the next.
I, too, will set my limit orders and stop watching. You may be heading to the library, but I have something much more fun to do than watch the WCOM chart: a local stable is going to dump two 15-ton truckloads of partially composted organic material, saturated in a urea solution, in my driveway (that's horseshit). I figure it'll be a pile about 7 feet high, 15 feet accross. Then, I'm going to wade into it, with shovel and wheelbarrow, and move it into the raised beds I built this summer. Next summer, we're going to have some 80-pound cabbages. |