Thursday, August 03, 2006

deja vu

Well, I set my stop on SWN close alright--too close. I got stopped out
on a dip early on Aug 1, then the stock tookoff for $3. It's the age
old question of mental vs entered stops. If I want my stop for a
closing price to be 5% to cause me to exit, I should probably just enter
a stop for 10-15% as a safety net.

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