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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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To: Gush who wrote (893)6/17/2005 11:27:59 AM
From: Walkingshadow  Read Replies (1) of 4814
 
I don't think anybody would call you a fool if you bailed now and banked the profit.... you've got a nice gain, and PLUG will probably offer you another entry in a few days. Today's candle does not look very bullish at all so far:

139.142.147.218

Alternatively, and probably better, maybe the best strategy is to take partial profits here, then set a fairly tight trailing stop on the remainder. If you get stopped out, look for a re-entry in a few days. If not, well just let it run and adjust the stop upwards in its wake.

T
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