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About User Name: ssimon1016 Groups: Gold User, Member, TeleChart Rank: Registered User Real Name: Location Occupation: Interests: Gender: Unsure	Statistics Joined: Sunday, August 13, 2006 Last Visit: Wednesday, January 21, 2009 6:25:50 PM Number of Posts: 4 [0.00% of all post / 0.00 posts per day]
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Last 10 Posts Topic: willimike-----GE Posted: Tuesday, November 28, 2006 11:04:01 PM There is always some emotion while trading, either fear of losing or the desire (greed) to make some money. I think the bigger problem is freezing when in a losing position. This may be the start of a correction of some magnitude. If you don't feel comfortable with the trade you could 1- Sell the position as you stated or 2- Hedge the position, buy the Jan 35 Puts and/or write the Dec 35 calls. Hope this helps Topic: Major Indexes don't look good. Posted: Sunday, November 12, 2006 9:39:15 PM Divergences can last for a while. Stay long, keep tight stops, partially hedge your positions. It is often better to react to the correction rather than trying to predict the correction.