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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: bluezuu who wrote (13235)12/8/2007 5:22:53 PM
From: chowder  Read Replies (3) of 13449
 
Re: CDE ... The break out opportunity, as you suggest is valid.

The February highs suggest a short term view.

If price breaks out in the near term, I buy a double position with the idea of holding short term and selling into those February highs.

If you believe CDE has longer term potential, then I would consider selling half of the position into the February highs and holding the remaining full position for the longer term.

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