"That's why I said a few days ago to not put in stop losses.
To the poster that told me "I'll put them in if he want to", how are you feeling now. I hope you lost your stack.
People just don't realize the power of these traders. They will do anything to get what they want."
Lance
Hi Lance...
I think it is me you are eluding to?
Stop losses are a genuine and helpful tool.
Like I said BEFORE you have to understand where to place them and it is NOT at support levels drawn in crayon taken from the technical analysis text books.
Anyway, don't shy away from stop losses people. Guard your profits however you see fit.
On another note, I would imagine we will see some selling pressure here as people take their $1 profit made from those low buys. I did at 1.64 a very small amount, because you just NEVER know...and I have learned pigs get slaughtered. A buck is a nice profit in one week...my core position is betting on the real deal but in the meantime, it just never hurts to put a little in the bank.
GS40
