| motordavid |
09-14-2012 08:41 PM |
Quote:
Originally Posted by rayxi
(Post 896981)
What, a stop limit? You're not 100% confident that it does nothing but go up? :D
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Ah, maybe but ... ;) a TSL, if properly annotated and employed through a capable selling agent, (in my case ChasSchwab where we have all of dough/port parked), can move up with a rising SP.
And, since I bought a lot of AAPL in different batches along the way, I can 'tier' those TSLs for each batch, as in FIFO, which is std buy/sell, but changeable in Schwab. No maven, but I watch the port like a hawk, read my azz off, and have been 'self-directed' since I bailed out of the bag carrying daze, in 2K.
Yes, I want it to keep chugging up, and the ethereal boost from the new iPhone, iGizmos, et al should/may help the SP. But, I am realistic and I never fall in love with a stock. Have been around long enough to see a lot of 'great/big deal companies' that are either gonzo, absorbed by private vultures, or a shadow of their former selves.
GL, mD
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