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To: IndioBlues who wrote (42642)4/19/1999 2:47:00 PM
From: The Ox  Read Replies (1) | Respond to of 95453
 
I should add to my last post. For those with big time profits already on paper, stop losses should be considered. No reason to let those paper profits go up in smoke.

At the same time, I'm not ready to jump out of my large long term positions because of a potential 10-15% drop. I am carefully monitoring the charts and momentum. Even with some reversals today, I don't see the hard down trend starting, but it could be deceiving since we are still intraday.....

Just 2 more cents,
Michael