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neye_eve

11/13/04 2:21 PM

#47267 RE: rlweitz #47225

rlweitz - stop loss

I'm thinking about $19.50, but haven't put the order in yet.

Similarly, if it hits and I sell, I'm thinking a limit at around $13 on the downside to buy and another at $22 on the upside to buy. trading between $13 and (now) $18 is all within range, and I don't have enough shares or sanity to make trading in there trying to time things to be valuable.

But, if it gets below the previous $12.50 / $13.00 range, since i believe AMD has good long term outlook, I'll get back in feeling comfortable I won't be missing too much more basis reduction. Similarly, if it stops at $19.50, but comes back and breaks $22, I'll feel ok riding the rest of whatever rally is left.

but, I'm an admitted novice. Anyone please feel free to guide me to a better solution.

neye