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Subject:  Re: First shot at MI stop loss..... Date:  8/27/2000  2:23 PM
Author:  Slievebricken Number:  78247 of 275661

Very interesting thread! For the RS-IBD monthly top 1 screen, one might consider using the 20-day Bollinger band instead of an arbitrary stop-loss %.

If the closing price breaks below the band, shift to cash until the next month's purchase. This should protect against major downfalls beyond the normal short-term volatility of the stock.

Just a pebble to toss in your pond.
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