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Strategies & Market Trends : LastShadow's Position Trading
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To: tom pope who wrote (43020)3/9/2004 8:40:02 AM
From: John J H Kim  Read Replies (1) of 43080
 
Yeah, this is a difficult area right now. I imagine the market is keenly focused on the support areas here, and no have stops placed nearby. So those stops will likely get taken out once the level is breached (2000), and may see a quick sell-off. So given that, I would take some stuff off the table while I can and protect the profits. But ofcourse not all stocks are alike, and would show different actions, so I would (try) to act accordingly.
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