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rich ruscio

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rich ruscio

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Re: michael03332002 post# 108947

Friday, 10/05/2007 10:19:52 AM

Friday, October 05, 2007 10:19:52 AM

Post# of 148479
One of my accounts is all equity / all ETF, and I use trailing stops to guard positions, and hopefully, gains. When I get concerned about losing big gains, the stops get tighter. When I'm less concerned, the stops go back to 120% volatility measure.

I tightened the stops to 5% about 10 days ago, and have only gotten close to hit once - yesterday - on one position (VWO).

I'm not surprised by the big gap up today, because for whatever reason, I expect higher volatility. If it's all up, I'm OK with that especially ...

rr
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