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To: TheSlowLane who wrote (21003)11/14/2009 10:03:18 PM
From: tyc:>  Read Replies (1) | Respond to of 233807
 
>>"Does that mean every intraday pullback should be sold?"

Technically, for my stop losses I use 2 x the current ATR (Average True Range)calculated from the last purchase. This is what was used by the "Turtles" to signify that there was no trend developing.

For a stock like EVG that has been climbed beyond the maximum purchase, it might be sold only when it is no longer trending up. So if you so believe, you are right to continue to hold.



To: TheSlowLane who wrote (21003)11/15/2009 8:06:33 AM
From: robnhood  Respond to of 233807
 
I was making funnies. Guess I should have put <G>'s.