News Focus
News Focus
Followers 2
Posts 901
Boards Moderated 1
Alias Born 07/08/2002

Re: Zeev Hed post# 61859

Tuesday, 01/07/2003 2:19:37 PM

Tuesday, January 07, 2003 2:19:37 PM

Post# of 704041
Oddly enough, I actually am a little in the black on my own version of the Dow Gambit. I couldn't bring myself to execute the stop losses, because I couldn't see the rationale for taking losses on Dow components when your outlook for the market as a whole was still bullish, and there were no big negative surprises in the fundamentals for the companies or industries concerned. I have unwound all of the positions now except Intel, which I am attempting to mitigate through a covered call which, if executed, will get me out in the black. I probably will institute a stop loss policy on that one, now that the overall outlook has become bearish.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now