That was what Clemens said? Well, since we are living in dangerous times, here is a list of suggested (closing basis) stops on some of the swing traders we have been playing (I am in all of these right now, there are tother swing traders I am not in right now, so not citing these).
GIVN $30; TEVA $60; AMGN $55.90; BIIB $54.50 (but really not breaking until it closes under $50.75); GENZ $41.50; GILD $55.25 (this one as well, not really broken unless $51.5 taken on closing basis), LCAV $23.70 (also major support at $22), GERN $7.25; BSTE $37.25 (this one as well, not "broken", unless $34 taken on a closing basis); IBM $86.75, INTC $25.50 (Dow Gambit players should also raise the stop from $23.5 to $25.5); SNDK $22.50; SSTI $12.50; BRKS $16.25; VECO $22.50; QLTI $22.50 and IMX at $11.00.
By the way, the late day part of my map Friday was well screwed up (I had us closing around 1950, not 1917...) and as a result got caught with a number of positions which was hoping to dump, and few EOD additions did not help. That set my cash down well under 5%, not too comfortable over a weekend when the "world could end" (g)..... Luckily, the opening part was on cue, so few multibuckers helped alleviate the weekend pain (g).
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