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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (2906)12/22/2004 8:48:29 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Carolyn,

If your position has you in at a nice profit as mine does allow me to tell you how I like to play from this point.

After open tomorrow, place a stop at about 20% under today's close. That will allow you to go shopping etc. It will also allow you to let your runners run and to take profits when the top comes. Move your trailing stop up each morning.

I call this the "trailing out stop loss auto pilot" Vendit position, or "TOSLAP" happy your way to profits.

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