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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.030.0%Dec 24 12:59 PM EST
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To: Ed Forrest who wrote (54543)8/16/2001 2:25:46 PM
From: Jerome  Read Replies (1) of 77400
 
Ed, I think your stop loss strategy is excellent but I would add a few wrinkles.

l)As CSCO breaks above 19 I would use 3%

2)With CSCO between 18 and 19 use 4%

3)With CSCO between 17 and 18 use 5%

4) With CSCO between 16 and 17 use 6%

My Idea of this is to prevent a call out at the exact bottom. I think that tighter bands at the top are a good idea, and looser bands near the bottom make sense.

Opinions from all are encouraged......Jerome
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