engineering / industrial design / web development / apple fan since OSX / PBG4 12".
Canute, contrary to popular belief, did not believe he could stop the tide; he simply wished to silence his sycophantic entourage by showing he was only human.
S, L = 15 and 60 week moving averages. Buy if a) P>S>L AND b) Sâ€™, Sâ€™â€™, Lâ€™, Lâ€™â€™ all >0. Define EXIT=(S+L)/2. Sell if c) P<=EXIT OR d) Sâ€™+Lâ€™<0 OR e) $ loss limit reached. Note: condition (d) ensures that EXIT never declines.
Stock, Options and Spread Investor / Trader. I use fundamentals to pick stocks and charts to find entry and exit points. I prefer companies to stick with for the long haul but will take profits short-term given the volatility in today's market.