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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (68830)2/9/2001 9:33:43 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99985
 
Mogul, I think it is an unfair criticism, people going on full margins use close stops. Kevin had a conditional in his scenario, and that was CSCO holding $36, and he turned around as soon as CSCO breached $36. If anyone followed his first advice, they would follow the "run to the hills" call as well and maintain capital preservation principle. I happen to have disagreed with Kevin on his first call ("full "margin ahead", damn the torpedoes"<g>), but , who here has not erred, I know I have had my share of errors. Survival in these markets is predicated on rapidly recognizing an error and act accordingly, and Kevin did.

Zeev