World Surveillance Group Inc (fka WSGI)

[lowtrade]

msmag

Then let me say this. I do not see one chart or TA indicator calling for an 85 cent PPs for GTE now!

I mentioned 85 cents because it is the re-entry number which will make sense, in my personal long position, to take a large tax loss, below a buck, wait 30 days before trading GTE again, and re open a new long position at around 85 cents.

For this to occur the down trend will have to continue. It's a individual traders planning, for all possible ways to preserve capitol.

There is more then one way to earn money. Penny saved, penny earned thing. I believe strongly in trying to preserve capitol, as much as trade for gains. I run numbers all the time, allowing for options in my portfolio, that will save in a loosing position, as much as gain in a winning one.

About a month ago, I ran threw 2 GTE swing trades, to show capital preservation while swing trading, at my board. It showed how to get gains wanted, while keeping losses below expectable loss targets. Closing a long loss, for tax reasons, is just another tool, I use.

These numbers tell me, I can save by selling below $1.00 and buying back 30 days later at 85 cents. Now I'll watch for anything that may make me feel these numbers will be reached.
If I feel they will, THEN I'll sell my long, at over a 60% loss. And hope to re-enter again at over 70% down.