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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (133081)	5/26/2006 7:18:04 AM
From: skinowski	Read Replies (1) of 209892

Fwiw, I have been cutting down on bond exposure. No big change in thinking - which you know. Couple of reasons for cutting -- one, I have an old rule which served well over the years - if a trade does not start out well and moves against me, I no longer try to make a "killing" on it. If I get a chance to get the money back, or make a little bit - I do it. Another reason is that the position was fairly large and I realized that the trading account was actually using margin. This lead to a decision to "sell to the point of sleeping" - g.

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