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Strategies & Market Trends : Natural Resource Stocks

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To: Christopher Loe who wrote (7720)2/13/2004 10:04:51 AM
From: isopatch  Read Replies (1) of 108784
 
Chris. They been doing that to some of mine in the past few

weeks, too. Very hard to use stops in this market. In fact, I've gone in bare back on quite a few trades where I know the stock is volatile and the MMs will try to stop out everybody and his grandma before the trend takes over.

Real nasty market. And frankly? Another argument in favor of being in capital preservation mode (i.e. mostly watching with a mountain of cash reserves) instead of being very aggressively positioned as was the case last year and into January.

All FWIW,

Isopatch
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