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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (34491)7/3/2012 10:51:32 AM
From: Challo Jeregy1 Recommendation  Read Replies (1) | Respond to of 220927
 
Scott Bleier is from the old school of hedge fund traders and analysts and is one of the very few from the go-go trading days who had a good "feel" for the market -

I think he is worth a listen . . . .

For those with some patience Bleier sees market skittishness as a chance to get long. A sell-off catalyzed by Friday's jobs data should be looked at as an opportunity. "It might be time to cherry pick individual stocks," he says. Not just for a trade, either; Bleier thinks Buy and Hold may actually be making a comeback after spending the last decade in the doghouse.

finance.yahoo.com



To: GROUND ZERO™ who wrote (34491)7/3/2012 11:09:19 AM
From: Ontherise  Read Replies (2) | Respond to of 220927
 
I was also thinking about added to my longs.

What kind of stop loss or other criteria are you going to use to prevent a loss with this new position?


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