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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Rich Scharf who wrote (77306)6/11/2002 6:21:14 PM
From: Zeev Hed  Respond to of 99280
 
First, so far, these OB's yielded profits, and after each "success" in bounce scalping from an OB, I lower the OB. Second, really do not know where the bottom in each stock will be, these OB's were relatively deep discounts to the prevailing prices at the time they were set, and sooner or later, I'll have to raise my exposure. I will in most case apply the discipline of a 10% pain reliever (stop loss), however, in case my estimation of "outrageousness" was overly optimistic.

Zeev