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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: coferspeculator who wrote (141)6/17/2004 12:56:08 PM
From: snoot  Read Replies (1) | Respond to of 14340
 
i have my paper stop order at 36.11 as this will insure me at least some profit if the trade goes against my plan. my first thought was to protect the profit and have the stop order 35.50 or so but i wanted to put the stop at or near where i thought supply would surely overtake demand and drive the price downward.

looks like the 35.50 would have worked. i will most-likely ratchet the stop to 35.50 at the close today .

tim


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