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URL:  http://boards.fool.com/ltlt-we-buy-a-stock-based-on-our-own-dd-then-15009423.aspx

Subject:  Re: Short question on long exits. Date:  5/21/2001  11:31 AM
Author:  AlfaSunshine Number:  2151 of 36696

<< We buy a stock, based on our own DD then we set a stop-loss so if the stock goes down from our buyin we limit our losses (the first major rule of short-term trading.)

Once the stock moves above our buyin, we start setting trailing stops to preserve profits (the second major rule of short-term trading.>>

I guess, without having the terminology quite as you are putting it, I am setting limits. I consider my current pix short term because I expect them to be at the profit level I set within a month or two of purchasing them. That is about all the ups and downs and back arounds I can tolerate.

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