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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Hobie1Kenobe who wrote (9915)10/26/2000 12:47:41 PM
From: CAtechTrader  Respond to of 65232
 
JF3..can't use tight stops in this volatility...they will stop you out...only way to play is just much smaller positions...control your risk by position size, not price at this juncture. Just IMHO.



To: Hobie1Kenobe who wrote (9915)10/26/2000 1:29:37 PM
From: Clappy  Respond to of 65232
 
If we're gonna play in traffic here, let's use tight stops right?

Yeah. It's just so difficult to figure out how tight to make them.

For instance, I picked up a few shares of SDLI at 200.
It has come up since then.
If it drops back to the lows in the 190s-180s, I may sell before I get in too deep.
I'm hoping that gap that it closed was enough to satisfy everyone. We'll see.

I have a feeling JDSU will provide us with a sigh of relief.

-Clappy


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