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If we talk about support levels real quick, I think with these indicators proving to be less reliable in turbulent markets, I personally have relied heavily on using trailing stop-loss orders, as I mentioned, as well as indicators like volume, price performance, and support levels.
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The two ropes I was trailing added even more weight to every move.
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It's cheaper than its peers at 8.1 times trailing earnings and 4 times what I think it should earn in 2013.
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And I tend to be a trailing-edge adopter personally, despite having to stay on the vanguard professionally.
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So what the heck was I doing buying a stock like Green Mountain in the first place, which had a PE (based on trailing 12 month EPS) a little above 60 when I made my purchase?
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So I was thrilled to hear that Westin Hotels are trailing a partnership with New Balance.
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GameStop, which also trades for just 0.4 times trailing 12-month sales and 1.3 times book value, also gets strong interest from the model I base on the writings of hedge fund guru Joel Greenblatt.
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