I can certainly understand the capitol preservation. I got stopped out 3 times preserving my capitol on this decline. Yesterday was the 1st time I paid a premium to get back in. Now that we are a bit above that level here, I'm placing stops at break even on those re entries and will trail them up if we continue up. Smarter folks then me are still calling for more downside to come. Cheers! :o) EDIT: of course, some smarter folks then me are calling for more upside too. Whats a trader to do? <g>