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To: P.T.Burnem who wrote (80)7/19/1998 9:47:00 PM
From: Investor2  Read Replies (1) | Respond to of 112
 
Re: "Step 3. Determine the nearest support level and a stop-loss price."

It seems that there are different strengths of support levels. For instance, there may be support at a 20-day moving average and a greater degree of support at a 200-day moving average.

1. How do you "determine the nearest support level?"

2. How far below that support do you set your stop-loss?

Thanks,

I2