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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (34478)9/28/2001 3:31:59 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68849
 
>>So, are you suggesting buy.. if price drops, then get
>>stopped out versus buying by averaging down?
>>That's an interesting problem.. and would depend on how
>>much lower a stock drops below your stopped out price
>>before buying again to be stopped out again...

Everything is always easier in hind sight. I was really just trying to get a feel for how people on this thread had adapted their strategies in the current market environment and what kind of worst case scenario people had built in.
Our thread is a pretty good cross section of traders and is a reflection of what many traders are thinking right now. It is just good to see what breadth of ideas are floating around. Fear is a interesting thing as it elicits all kind of reactions. Knowing people thought process can help you look more objectively at the scenarios that will unfold.

Speaking of fear, I have been travelling the last few days and saw CNBC for the first time in a long while on the motel TV. It is intersting how the press in portraying the current market crash. It has be be the first time I seen an analyst come out and say that survivability and cash preservation are the key issues. He was talking about CSCO of all things. Even MSFT was getting slagged by another analyst for entering the X-Box market as it was going to be negative on EPS.