SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary105 who wrote (3621)1/10/1999 2:24:00 PM
From: Boon  Read Replies (2) of 19700
 
I'm trying to work out a strategy on volatility, too. What about this: Assuming you've already built up your position, on extended runs, pare down as the stock price rolls forward (but never to the extent that you're out of the stock completely), and buy back on corrections when they occur. This has worked for me with other stocks.

You're selling into strength, buying on weakness. You're never out of the stock completely, so you don't miss the run entirely. And you manage your risk, since, on an extended run, the risk of a stock price getting ahead of the company grows.

Comments?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext