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October 29, 2006

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Stockcoach

Inquiring minds want to know: first, what exactly is a Snoopy Dance and second, what dance do you perform when a stock falls by 10 percent? :)

Tom

A Snoopy Dance is the dance that Snoopy did in the old Charlie Brown TV specials.

Xander did a snoopy dance in an episode of Buffy the Vampire Slayer.

When a stock falls 10 percent, probably it hits my stop sometime on the way down. Unless I have a big gain on the stock and am giving it more than 10% room to run, which would only happen if it were up more than 25-30% or so.

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About Me

  • I am an amateur individual stock trader and this is my trading journal. I trade primarily momentum stocks based on technical analysis and insider buying. Email: tomstaafl at gmail.com

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