Replies to post #63963 on SwingTrade Member Forum (SWING)

[BRIG_88]

Buzz...correct...DO NOT CHASE...except when you chase your Guinness with Bushmills...this always produces stellar results....BRIG

[BuzzOnDaBeach]

In a range bound market, diversify:

Meaning smaller positions in more stocks are better, IMO, than concentrated positions. If you're in all telecom stocks, and the sector takes a beating, YOU take a beating. I would suggest NO MORE than 20% of your portfolio in any one stock right now. And don't be all in one sector, tech, for example. Have an energy stock, have a biotech, have a cyclical, have diversity so that you're not tied to KLAC if the semi's tank, or YHOO if the internet tanks.

Buzz

[blasher]

if it's truly RANGE bound, the best thing to do is TRADE.
if you have a steady, profitable range ... Buy Low And Sell High !!