ARXX, Weinstein and current stop placement

Discussion in 'Stocks' started by ewile, Apr 19, 2006.

  1. ewile


    I bought ARXX in late October at the top of the big white weekly bar for 10.77.
    I use Stan Weinsteins method of using a trailing stop below the 30 week moving average after pullback/recovery cycles, and my stop is currently at 11.35.
    I'm wondering if it's time to pull this up over the 30week ma to just below support at like 11.90.
    Any thoughts if I should keep it loose for now or get a bit more aggressive with my stop at this point.

    As an aside, anyone else here a primarily Weinsteinien investor? I've had really good success using his method on the long side over the past 7- months.