I see what you mean, Michael.
Yes, I've been weighing and weighing. Some people say when a stock has a profit of over 15% take profits! Oddly enough some of those stocks are also my dividend producers, which I'd like not to lose. So I feel if I put a stop on it, I will have protected myself but the hope is that I get to keep the stock.
REGARDING: agreed...wait till 10 ..10 30 to buy or sell...or better yet...3:45....
then ask yourself do you want to own this tomorrow based on what happened today ...
RESPONSE: Better yet..., NEVER hold going into ambiguity.
Any potential sales should have been made TODAY!!
REGARDING: You can direct that it be sold with the opening order. That usually does the trick and guards against the thin markets in after hours trading.
RESPONSE: That is the worst time to place an order.
The specialist has you at his mercy!!!
If the jobs numbers are poor, the specialists will drop the opening prices, big-time, hitting stops and buying at low prices.
If the job numbers are excellent (200M+), the converse will occur. Heads they win, tails, you lose. LOL
alph..MACD....moving average convergence divergence....
seriously don't know what that is/means....
RSI... relative strength
OBV... on balance volume
Williams % R.. like stockastics..but numbers are reversed..usually 10 days vs 14..
SAR (dots)...stop and reverse
BT.. While you recieve my congratulations on your agreements with me [BFD], stop showing off with your acronyms. Tell us all what you mean by MACD. Personally I prefer the product to the stock. But then again I've never follwed the stock, but do enjoy my kisses.
angel...let me re address that....if you wanna sell here and buy it back on a pull back..that might work...is 11 days up and time for a little correction ...however if your not into fast track trading...i'd just hold it and ride out any little dip....75 in 12 mo or less..depending (thh)
best indicator is MACD...still rising and looking bullish...if it crosses down side...lighten up (sell)
Actually Angel I take a somewhat contra view to Michael and applaud your use of stops. With the relativeness small cost of going in and out of stocks today such caution is very often rewarded. It certainly beats seeing your stock fall off the edge as too many tend to do too often.
alph...i'm glad you're not my finanical advisor.........(i think)
that said...it requires extreme discipline...but put the stop in your head...and either don't go out for lunch..or a michael said..sell before you go...to nickel and dime is stupid...a profit is a profit..a loss is a loss...just don't let em know where your stop is...course..100 shares..irrelivant!!!!!!!!!!!