Quote from JSSPMK:
What is your opinion on Buy1Sell2's trailed stop which is 1295 if I am not mistaken? TY!
With this 30-40 points yo-yoing it seems to me he could/should keep locking in gains after a decent selloff and reshort when it bounces back. A few months ago he said he had other things to do, but lately he has been hanging out here instead of putting bodylotion on well endowed ladies on the beach, so I don't see why not to play the ups and downs, since if one waits long enough in both directions he can be right .
We bounced back from the SMA on the daily and today put in another bottom with RSI divergence, so I hope the next 2 days we will go through the SMA finally. In that case he would be stopped out at 1296....