Posted by: tyrannyoflogic September 16, 2011
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Higher high and higher low , lower high and lower low.....TRENDS ...but always account for variable changes which mother market might have in store
My opinion ( and an opinion only) ....a little lower than previous bottom as a stop loss as you are clearly in the red anyways...so why not risk some more if it breaks out just in case...
Now if you are planning to hold a couple of years then I really dont know what to say.....long term trading(investing) is not really my thing ...m just saying