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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: ahab who wrote (25693)	4/23/1999 10:36:00 AM
From: Judy	Read Replies (4) \| Respond to of 50167

Mike, Before one takes a position, one should determine whether it is to be an investment, positional trade, or a flip and then establish targets and stops relative to one's risk tolerance. Re: VERT during its swoon ... investors would have averaged down with preestablished limit orders; position traders would have trailed with loose a stop gain; flippers would have used a tighter stop to preserve capital at all costs. Exploit the volatility presented to you, no need to be rattled. Let's see how VERT closes today after the flippers do what they will.