Stop Losses

When the relative strength of a stock or fund goes negative or a major support level is violated, sometimes the fundamental reason for it isn't known until much later.

Don't worry about the WHY. The reasons are not relevant. Sell the position. Raise cash. As we all know--stock can go down. Stock can go way down. Stock can go all the way to zero!

Country Credit violated its support line at $33 back in early April. Today, the stock is trading at $14.

Don't be the last one out with nothing left. Use technical analysis to determine your stop losses and keep emotions out of it.