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To: im a survivor who wrote (9664)12/13/2001 10:29:08 AM
From: SecularBull  Read Replies (1) | Respond to of 10934
 
Figure out how many shares you'd like, and buy a portion at certain levels, i.e. $16, $14, and $9 (I doubt we'll see the latter).

~SB~



To: im a survivor who wrote (9664)12/13/2001 10:46:32 AM
From: BirdDog  Read Replies (1) | Respond to of 10934
 
That is so hard to do. And the only way I know to do it effectively; The markets have managed to enforce a 100 year old rule in a very anal way to stop me. Their intent is to stop daytrading. I think they're going to end up with a big class action suit based on them trying to make trading only for their own big Houses. With that in mind....

Only way I know is: If you think it is going up. Wait for a pull back. Then buy at the top of the down bars to catch the retracement up. Then have a tight sell stop to avoid it going the wrong way. If you're right it will keep going and you're safe. If you're wrong. Your tight sell stop should save you from loosing money and you'll be able to buy in lower. The problem that exists from the 100 year old law is: If you're wrong. You're stopped out from buying back in for three days.

BirdDog