A wise strategy IMO. Use of a trailing stop takes all of the emotion out of booking profits or protecting capital. My last several position trades have been executed in this fashion while I was away from my trading station.
Dell looks fairly active this morning. Sellers slightly out number buyers at present. Lots of large buy orders above $27 in the 2000 to 5000 share order range. Dell is one case that would not fit my interest rate cut theory, which we discussed on voice yesterday. By that I mean that it would benefit from a fed rate cut unlike most tech stocks.
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