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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: daryll40 who wrote (51184)	8/28/2001 4:45:39 AM
From: advocatedevil	Read Replies (4) \| Respond to of 70976

RE: "At what point do you throw in the towel?" Daryll, I normally like to limit short-term losses to between 5% and 10%. This is the same range I use for taking short-term profits. (BTW, today's close of $47.25 currently has me down about 5% on my combined dark-side play). I'm holding a fairly large position here, so I'm watching closely with flexible mental stops. If we were to move up based on some significant piece of news, I'd look to bail immediately. Without any news, I'd be looking to throw in the towel if we broke through the August 2nd intraday high of $50.25. AdvocateDevil