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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: noparking007 who wrote (5869)9/21/2000 5:45:17 PM
From: heehee1  Respond to of 100058
 
Wow, SI lets you use the F word without censoring? Hmmm



To: noparking007 who wrote (5869)9/21/2000 6:55:29 PM
From: virtualsignal  Read Replies (1) | Respond to of 100058
 
noparking,
try trailing stops, they let your profits run and will prevent open profit erosion. Just move your stop order progressively lower with the stock price decline.

or try taking 1/2 the profits quickly(like the opening 10 mins tomorrow) and then hold out for the remaining big score later in the morning/afternoon.

you'll never go broke taking money off the table

just a thought, Good Trading



To: noparking007 who wrote (5869)9/22/2000 3:14:50 AM
From: Drbob512  Read Replies (2) | Respond to of 100058
 
noparking007: I don't give specific advice to buy or sell an individual security, but I can share what I do. I sometimes do incremental selling on selloffs, using support levels, stochastics, Williams%R, and parabolic readings, and also the overall market or index momentum, so that if the Naz is oversold parabolically, I sell at least some, and more or all when a reversal appears to be starting, such as a strong close, but if it is weak at the close, I hold til the next day to see if it gaps down for me to sell more...

I am not recommending that you use my trading style, but just informing....

(P.S. Please no profanity on this thread, thanks.)