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Re: None

Tuesday, 11/30/2010 5:22:13 PM

Tuesday, November 30, 2010 5:22:13 PM

Post# of 1177
I have been giving a lot of thought to this deep-diver dilemma which has basically kept me out of the market because 2008-2009 scared me to the bone. I have read all the posts about a stop loss level and ladders but none of them make me warm and fuzzy (don't even go there Toofuzzy). Here is my what if. Let's say we use the stop loss (10 month, 200 day or whatever makes us comfortable) and we make no real buys on the way down under that stop loss level. But some will say we are loosing buying opportunities so we make virtual buys on the left side of the V curve but we turn them into real buys on the left (up) side of the V curve at the same exact price using GTC orders or buy stop orders or whatever you call them. That way we are getting the same buy but we are in a uptrend and hopefully that up trend will continue and if it doesn't we stop buying until the uptrend continues and buy again on the right side of the curve when we get to the next buy level. Now I am sure it isn't as simple as that because we are entering the buys on the down left side of the curve but they are actually virtual and when we actually do make these buys on the up cycle on the right up side of the curve I don't know how the software well handle that and I don't care as long as I am comfortable with knowing where the bottom finally came. I know it could be a double bottom or triple bottom but I would still feel better. Just food for thought.

Larry G

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