EDGE TRADER

Friday, January 13, 2006

Force Five FFIV Unwound

I unwound the majority of my FFIV position yesterday into the early strength. I tend to slowly exit a stock in several blocks, for best execution and market timing purposes. This is one that I wish I unloaded all at once, since only one of my blocks was unloaded near the peak of $60 yesterday. But there is a very good reason for this exit strategy, and it has saved me a loss or preserved profit many, many times.

1 Comments:

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