VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Anthony Clement who wrote (24676)	12/13/2000 11:25:24 AM
From: RR	Read Replies (2) of 65232

Hi English: I do not usually set exit prices. Way too many variables. Conditions change. Consequently, I stay very flexible and watch closely the interaction of the positions, underlying, and market combined before I decide to close a position. Now, if I leave town or am where I can't watch the market for the day, then I'll set stops just in case something horrible happens. Preserve capital is rule 1. RR

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