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Re: BUGGI1000 post# 23451

Friday, 01/16/2004 5:48:59 PM

Friday, January 16, 2004 5:48:59 PM

Post# of 97586
BUGGI1000 -

Thank you for the book recommendation. I'll check it out this weekend if I have a chance to.

I'm not a big fan of trailing stops. I have been shaken out before. I saw AMD trade at 14.77 after Intel's earnings came out. You have to feel bad for that person. Probably a stop loss that was triggered. I'm usually near my computer and prefer to pull the trigger myself. I do think they have a place - for some people.

With respect to having a plan I totally agree. One should know what they expect and what to do should the trade go against them. Cut bait and run.

Thanks for taking the time to reply.

Jack
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