DSX got out too early need to be in again

Discussion in 'Stocks' started by laeott, Jul 19, 2007.

  1. laeott


    I bought dsx at 26.76 on 7-18. I got stopped out at 27.47. It is now 29.20. It was a swing trade. I think I got too emotional and sold it in one day. I put a limit order for 27.50 to catch it when it falls again. Is this chasing a stock? Is it worth it. I'm not sure how to track the stock again if the price falls and get in again. I figured since the stock went so high the first day, it made sense to sell it or protect the profit. What do you think?