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To: Neal Evans who wrote (10290)12/11/1997 10:00:00 AM
From: Trader X  Respond to of 17305
 
Neal, I have a stop loss in on CREE at 19 1/4.

That's takes the emotion out of the trade for me, so I don't have to make that decision if/when it comes. If it breaks 20 it most likely will continue down. I'll pick it back up when it bottoms out, probably around 15, where I accumulated it a couple years ago.

I really don't trade puts/calls. Occasionally I'll sell covered calls. Writing options is the only play I take.

-Kevin