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

To: waverider who wrote (11533)5/1/2002 1:42:45 PM
From: waverider  Read Replies (2) | Respond to of 36161
 
For you tech fans, take a look at EMC! My GAWD. Next stop appears to be around 8.25 then 6 bucks. That hissing sound from the '90's balloon is still strong.

Traded this one several times for some nice profits, but the last time a stop loss took me out at 10.40 for a small loss. I can't stress enough how important setting one's parameters before entering a trade. A hard won lesson from this stock groupie.

wr



To: waverider who wrote (11533)5/1/2002 1:52:58 PM
From: isopatch  Read Replies (2) | Respond to of 36161
 
Wave. Don't usually set targets.

Particularly LT ones.

Just try to establish a good low basis with core positions early in a primary uptrend. Then basically ride the trend with the core of the portfolio.

Use the rest of my capital to trade around those core holdings as dips and peaks give me ops to enter and exit.

Many different styles out there that work. But that's the one that works for me.

Isopatch


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