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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (1156)12/7/1998 5:41:00 PM
From: Tony B  Read Replies (1) | Respond to of 56535
 
Question -

Forgive my ignorance and sudden lack of search-engine-success, but what does level II mean?

Thanks!

llater,
Tony B



To: Trader J who wrote (1156)12/7/1998 5:45:00 PM
From: DADEPFAN  Read Replies (1) | Respond to of 56535
 
I got in NAVR at 7 5/16

Being the cautious but greedy trader that I am, I'm thinking of putting in a stop-loss for tomorrow at 12 1/2, and then adjusting it up if NAVR runs further.

Any thoughts on that strategy?

Thanks,

Dave D



To: Trader J who wrote (1156)12/7/1998 6:46:00 PM
From: Poet  Respond to of 56535
 
NAVR:Uh oh, Jeff. To be honest with you, I sold at 11 1/8 for a 1/2 pt. profit, only to see it go skyward for the rest of the day. Luckily, I'm still holding 1k for the gap tomorrow. I'm learning.

Poet


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