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.
Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: E. T. who wrote (6170)12/12/2000 3:42:12 PM
From: The Osprey  Respond to of 14101
 
Pick your target where you are comfortable(you mention 15.00).If this is the case when the stock trades(if it does and this is just a scenario)at 15.00 call your broker and put a stop loss in place at 14.80 with a stop limit at 14.75...If it pulls back you have a market order sell as the stop is hit.If it keeps going to say 15.75 then call your broker and move your stop up to say 15.40 and the same scenario holds true.Hope this helps some.
The other scenario, albeit less successful is to get out the Tarot cards....LOL.....Remember greed kills.....I do like the idea you put forward of choosing an exit strategy though.It will do you well in the future.

NEXT week: Stop buys as an entry strategy on a long break out position on a MoMo stock....LOL



To: E. T. who wrote (6170)12/12/2000 4:11:59 PM
From: bdalarge  Read Replies (1) | Respond to of 14101
 
For what is worth my rationale is to hold until you want to get out for good or leave yourself with a minimum position. Making stop loss orders is a conservative play that in reality is all downside. Why play a stop loss? Why not just sell when you think the price has gone to low? When you place the stop loss and the stocks does a quick uturn and you miss out on $2-$3 dollars of profit you will be kicking yourself. The way I look at it is like buying insurance at the blackjack table.....suckers play!!!! If you truly believe in this stock you'll know when to get out. Remember the hardest thing about investing is knowing when to sell...you don't want to leave any money on the table. Again these are just my thoughts and are a reflection of my own personal situation.



To: E. T. who wrote (6170)12/13/2000 12:16:59 AM
From: jef saunders  Read Replies (1) | Respond to of 14101
 
we've completed 5 waves now. if you look back at the last 3 weeks you'll see a set of 3 up waves intermixed with 2 short down waves. now we're in the 3rd down wave which we are hoping will be short. if we follow the pattern set last march, then up wave 7 which is (hopefully) about to start will be the time to sell. think like a pro. sell on buying panics.

mostly i agree with Osprey, accumulation is in the air. the buying now is on solid news instead of the february roadmap. so i'm on the fence, to hold or to sell a small portition. i'll probably hold. i dunno.