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Politics : High Tolerance Plasticity
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To: CommanderCricket who wrote (18470)1/11/2003 4:54:39 PM
From: kodiak_bull  Read Replies (1) of 23153
 
Commander,

RRI?

Slow down, relax and enjoy this one. Those who bought at $2 (or those lucky enough to buy under that price) are now sitting on 100% gains, with a world of possibility northeast on the charts. You want to sit with a stop that won't get hit on a whipsaw but will get you out of the stock if something fundamental changes. You can set the stop anywhere you want, on a moving average, judging the price by volume bars on stockcharts or simply a percentage of closing prices (saying to yourself "I won't surrender more than 9% from where it closed yesterday).

There's no rush on RRI or OMG, imho, except for those wishing to add a position, to rush a little on a morning or afternoon selloff.

Kb
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