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Replies to #4122 on Top Gun Trading
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The Real Titan

01/04/08 10:02 AM

#4123 RE: grafix-max #4122

Why didn't you exit when we did, at .115 for 43.5%? We bailed on the first sign of weakness, to lock in gains. Did you ask me how it looked at .11? I know someone did and at the time it still looked strong, but you HAVE to cut it when they look weak and the indicators sour. On a lot of our plays, they bounce and move up some, but then fall back to test the lows or even dip a bit further, which is why after 30% or sometimes less we'll cut it loose and lock it in.

I'm looking at it to get back in now...lol Indicators are still way oversold and the RSI is ready to turn back up.