SPDR S&P 500 (SPY)

[learningboutinv]

Foot,

The markets is nuts. There's no logic in it vs. fundamentals. That's why I try to tune out all the news, CNBC, etc. I've been so busy at work. Traveling, etc. Anyhow, I put in some orders during the latest dips to go long with tight stops. I decided to actually try bracket orders and trailing stops. I didn't know that with trailing stops it hides your order until your stop is hit. Then your brokerage firm sends your market order in unlike a regular stop or a limit sell order where everyone can see your order. Well the other benefit is it trails a stock price up or down within a % you set or a $ amount that you set. So that's good too.

BTW it should be interesting to see what happens next week. It's OE and a Brad Turn date. I may have to tighten the stops even further.