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Okay, sold 1/2 and moved

MON - pls help w/ targets

Posted by frtaylor on 22nd of Dec 2010 at 02:28 pm

Okay, sold 1/2 and moved stop to 66 for the rest. Thanks everyone, I'll try not to "clog the blog" so much. I just wish I could learn to trade like rank, or ditch, or....  Maybe read some books? I read Trading in the Zone. 

well, I don't call that

MON - pls help w/ targets

Posted by frtaylor on 22nd of Dec 2010 at 02:06 pm

well, I don't call that going wrong, just being prudent. I do have a stop in so that I will keep half of what I'm up so far. That's a strategy of sorts, I guess.

Yeah, I am still on

MON - pls help w/ targets

Posted by frtaylor on 22nd of Dec 2010 at 02:00 pm

Yeah, I am still on the steep end of the learning curve w/ trading. Can't go wrong selling some, or so I've heard.

Oh, I'm not sure what

MON - pls help w/ targets

Posted by frtaylor on 22nd of Dec 2010 at 01:55 pm

Oh, I'm not sure what you mean. I guess maybe sell half when it hits 5%? something like that? Thanks.

MON - pls help w/ targets

Posted by frtaylor on 22nd of Dec 2010 at 01:11 pm

Steve or anyone, I'm in MON from posts here last week from desertrat and oldtrader (thanks!). I am having trouble seeing where the targets might be on this. Can you help? Thanks.

I'm learning to set an

ODP - YES!

Posted by frtaylor on 22nd of Dec 2010 at 01:05 pm

I'm learning to set an alarm for every chart I like right when I see it....  BPT has been great for my trading, got great advice from Steve the other day.

ODP - YES!

Posted by frtaylor on 22nd of Dec 2010 at 12:57 pm

SRS - short it?

Posted by frtaylor on 22nd of Dec 2010 at 11:56 am

Since SRS has fallen past the previous low of 18.60, is it a good short candidate? Since it's an inverse etf, you have the advantage of degradation in your favor. Steve, what do you think?

I'm right there with you!

Oh! that makes a helluva

NKE/TBL

Posted by frtaylor on 22nd of Dec 2010 at 11:47 am

Oh! that makes a helluva lot more sense!

Oh, you're right. hmm, well,

what happened w/ TBL?

Posted by frtaylor on 22nd of Dec 2010 at 11:21 am

Oh, you're right. hmm, well, it's up from my entry, guess I'll pull my stop up to entry.

okay, I went ahead and

what happened w/ TBL?

Posted by frtaylor on 22nd of Dec 2010 at 11:15 am

okay, I went ahead and bought my position back, w/ the $25 stop given on BPT chart. 

$95 on a $25 stock?

Posted by frtaylor on 22nd of Dec 2010 at 10:41 am

$95 on a $25 stock? Wow, that's quite a target. Question is, do you buy some on this morning's pullback or wait and see what happens? I know what Steve would say: forget the news, watch the chart! At this point I guess I just leave it alone. ?

what happened w/ TBL?

Posted by frtaylor on 22nd of Dec 2010 at 10:20 am

dropped almost 4%, still going down. I can't find any news. Matt, are you still in this? I stopped out around 25.85.

thanks!

ECA - chart?

Posted by frtaylor on 22nd of Dec 2010 at 09:56 am

thanks!

ODP

Posted by frtaylor on 22nd of Dec 2010 at 09:55 am

is close to a breakout.

ECA - chart?

Posted by frtaylor on 22nd of Dec 2010 at 09:48 am

ECA broke out, I can't find the chart. I'd chart it myself buy I'm not good at that yet.

So much for TBL

Posted by frtaylor on 22nd of Dec 2010 at 09:42 am

I stopped out @ break even.

sorry to hear it! Hope

GM Everyone...

Posted by frtaylor on 22nd of Dec 2010 at 09:18 am

sorry to hear it! Hope you're right by Christmas.

isn't the stop .50?

BX trade idea

Posted by frtaylor on 22nd of Dec 2010 at 09:16 am

isn't the stop .50?

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