Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: profile_14 who wrote (673)	12/1/2004 5:40:54 PM
From: chowder	Read Replies (1) of 13449

Profile, Congratulations on your OSX call. Anyone buying the oil service stocks as the OIH was breaking out above 85 was doing the right thing ... as long as they used good stop loss disciplines. They would not have taken a loss on their position if they used the rule of once profitable, don't let it become a loss. It isn't unusual to see false breakouts and we as traders must be very disciplined in our stops. Managing risk and protecting capital is priority number one. Can't fight another day if you don't live through the battle. stockcharts.com[h,a]daclyiay[d20040701,20041201][pb50!b200!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum

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