I'm holding mine as tight as possible...
why panic for?
no more stress tests results;
no more new pump from bank executives (already said them all during last few weeks);
no more new updates from Fed;
no more new updates from Treasury (already said them all yesterday)
except...the funny hair dude Cramer may pump to keep protecting his picks 8-}
I WANT to see double DIGITS on FAZ!!!!!!!!!!!!!
That is the way to do it. Use a trailing stop if you can. The higher the stock or fund goes, the higher the stop goes.
FAZ needs to get above and stay above 5.83 for a run to 6.55. GLTA. Support is at 5.60 and the 5.14.
set a stop if your worried..that is the best thing,..rule 2,..stand by your personal rules..sure you may miss a little, but again you may lose by bending your own rules also. if your happy with 30 % then set a trailing stop once she hits your target.