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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Big Brother who wrote (14248)5/11/1998 3:17:00 PM
From: Larry S.  Read Replies (1) of 53068
 
Big Bro, picked 32 3/8 as a trailing stop, giving it enuf room to back some but not wanting to give back too much. It is not a hard and fast technical number. When CPQ hit 33 and didn't continue to move with a strong number, i set a stop 5/8 below the 33. The chart on CPQ still looks positive, but it has run from 24 to 33, so a pause is certainly to be expected. Larrry
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