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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Ocote who wrote (11386)12/12/1997 10:04:00 AM
From: Joan Osland Graffius  Respond to of 94695
 
Ocote, >>Are you setting the stop loss at the 150 day line or at the resistance determined by the previous rally?

Depends on each chart. Sometimes the 150 day line and some times the previous rally. I also try and look for the stocks bull and bear channels and will make a decision based on all of these factors. I just try and figure out where a break out would make sense. Obviously my decision on HWP was wrong.<ggg>

If my stop decision was wrong I may give it another shot.

Joan