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kgoodrich

08/31/06 9:43 AM

#7562 RE: graphtrader #7556

Hi graphtrader
You always, always use the daily indicators for your entry and exit. When I talk about the long term, I am trying to get over the point that the buy should be very short- a couple of weeks tops. Gold Rush & Quicksand are long term setups and when I see a stock in Gold Rush, I lean towards letting the pony run and grow while it plays in the field. I don't get so shook up over profit taking. But, profit taking in a stock stuck in Quicksand is terrible.