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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (1305)	11/28/1999 4:29:00 PM
From: Lost1	Read Replies (1) \| Respond to of 10713

R1, You could set your stop at 15.5 instead of 17.5, but with the RS in sell mode I might be more comfy with the 17.5. You would still be in the 3:1 R/R with the lower stop. As far as selling when the PO is reached..I find this question to be the hardest of all to answer. It's easy to know when to bail on the downside..ie.stop loss. It's that pesky 'taking profits' issue that I stumble over. TD says sell 1/3.... and another 1/3... You know all that. What I try to do is look and see if the story has changed or the indicators have changes. For instance, CREE hit my PO but I felt we could continue to run. I am really happy that she based a little and now I'm feeling we can run some more with out much of a problem..provided our indicators remain in their present state. Last week PRGN ran like a scalded dog one day and I knew it was time to pull the plug on that one and roll into some less extended issues. One way to go is to hold until you get a reversal down and then blow. I always tighten stops on any reversal down and then back up. Well, almost always.<g> What do you usually do?