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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (4188)11/19/2001 2:28:56 PM
From: isopatch  Respond to of 36161
 
Hi Arik. Sure looks that way.

Boy this is one wild market.

Use mental stops on most of my trades. On the real volatile ones where the objective is to hold em LT, usually give em the space to flail around. So, once there's a good gain, make it a point not to move the stops up behind em. But just place it enough above my basis that in a worst case drop, I get stopped out with a small gain.

However, "Even the best laid plans......"

After a quick ST runup INVN dropped sharply and stopped me out with a small gain. She drops another 10%, then pivots and goes ballistic while I'm DDing a bunch of other stocks.<lol>

Oh well. It's only money. Ya can't take it with ya!<g>

But wow, this market is something!

Isopatch