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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (39767)	4/15/1998 12:14:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

okay I thought about this some more if you say... I am long at 1112 from yesterday and I wont stop it out until 1106 TODAY...you are still making money because we havent hit the stop.. no whipsaw..and it continues on upwards... (not including what they might have done to the premium on the option..that is a separate issue) this idea makes sense... but you still need something in addition to that I think... for protection yes you wont make as much money...but you are better protected... or maybe not... have to see how this works as you use it... btw, we didnt hit both break points on Kevins system BUT we did go below the pivots....his breaks prevented a whipsaw..... anyway you need to look at this from two angles... saying i got long yesterday at 1112 and if I didnt...for whatever reason what do i do with todays numbers... btw, what is it to get long or short on the daily...is there a long or only a short