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