[Tom]

GTY attempting to complete a breakout from a one and half year base. Will need to see a volume surge to make it more interesting.

[Update] It closed the week at 20.15, which is above the 19.94 range high from July 2012, and so is a confirmed Stage 2 imo.

Hi, I am practicing Stan's investor sell-stop method on GTY and would like to get your opinions:

If I purchased GTY on Mar 4th at $20.15 on stage 2 breakout. Here is what I would do:

1. Sell Stop: the previous correction low is on Feb 15th at 18.4 so the sell stop should be set around 17 7/8.
2. On May 6th, GTY reaches previous high so the sell-stop should be set below the 30 week MA(18.49) on Apr 3rd. and that is no difference than the initial sell stop.
3 . A significant trend line is formed at point Dec 31, Feb 15, Apr 3 and set sell-stop at 21 for half of the positions . It is subsequently touched on May 29th.

Am I doing alright so far?

My beginner question is: How do I handle the other half of the position?

thanks.