10-14-2011, 10:22 AM
my finger has been on the sell button so many times in the past couple of day's.....
At 42.05 right now, Im up 42%.
Based on the Google news, and what I think is going to be solid Apple news (I think next week) I think the whole market is still on a up swing. BUT, and its a Big BUT, I also think we are approaching the channel highs. SO profit taking will be coming on the first bit of bad news from euro, or economy, or earnings.
In saying that I still have a conditional bracketed sell order in for 45.5 with a $3 trailing stop. So what that means now is if the market crashed, I would sell at 39.53 with a 36.32 % gain, or if 45.5 hits ill be up 56.94....
I might tighten the stop to $2 today...
At 42.05 right now, Im up 42%.
Based on the Google news, and what I think is going to be solid Apple news (I think next week) I think the whole market is still on a up swing. BUT, and its a Big BUT, I also think we are approaching the channel highs. SO profit taking will be coming on the first bit of bad news from euro, or economy, or earnings.
In saying that I still have a conditional bracketed sell order in for 45.5 with a $3 trailing stop. So what that means now is if the market crashed, I would sell at 39.53 with a 36.32 % gain, or if 45.5 hits ill be up 56.94....
I might tighten the stop to $2 today...
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
