As I had told you previously, "never fear if Mallika is there". This is not an equity that I try to trade. I am long 2250 shares and am very comfortable as I see her buying more and more. Just accumulate shares as they "go on sale" in my opinion. Best regards.
I'm sure you're right, but I like trading so I think the best thing for me is to be in something like
the XLU where it goes sideways. I can make a few hundred and doesn't drop 10% in one day.
Single stocks are too risky on margin. I know i'll look back some day and it will be 10 points
higher, but at least I can sleep better if i'm in XLU. Thanks for your help.