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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: tonywyatt who wrote (349)	11/11/2004 12:53:10 PM
From: chowder	Read Replies (2) \| Respond to of 13449

Tony, My strategy would be to sell half my position now and use a trailing stop on the remainder. I would sell the remaining half if the trade got down to where my profit was only 25 cents per share. Half the trade at a buck and the remainder of the trade to participate in any additional gains with the worst case scenario giving you 25 cents per share. You are playing with house money. Make sure they don't get yours. Congratulations on a great trade and good luck with your exits. Great job! dabum