Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: John J. O`Reilly who wrote (15785)	2/13/2003 10:33:46 PM
From: Bob V	Read Replies (2) of 16631

Firstly John I would like to thank you for taking the time and effort to update the contest each day. It is greatly appreciated. I look forward to each update just to see how far I have slipped. Although we are not doing so hot as a group maybe we can salvage some useful lessons from this exercise. If each of you were trading real money, where would you bail out of a stock going against you. I looked at the charts of our stocks and a couple of things stood out. For the most part if we had sold our stocks when the price crossed the 20 day moving average most of us would be money ahead. The second thing I noticed is that a few of the stocks started down with a bigger than average drop on above average volume. Anyone else have any indicators or rules they use to get out of a bad trade.

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