Consider Trailing Stop Losses and Buying NYX
So I suggest, as Jim Cramer likes to call it, we do some "schnitzel-ling." That's another way of describing "accumulating" where you buy some shares before earnings are reported Tuesday and the rest after all the results and comments are out on the table for all to see. As Jim would remind us, do your own careful due diligence before investing.
Consider using some kind of trailing stop-loss system to protect your capital, and do some dollar-cost-averaging when it comes to buying a stock like NYX. Its forward PE ratio of 10.59 seems quite reasonable and I suggest that now may be an auspicious time to practice "schnitzel-ling" and other savvy investment disciplines.
At the time of publication the author had no position in any of the stocks mentioned.
This article was written by an independent contributor, separate from TheStreet's regular news coverage.Jim Cramer and Stephanie Link actively manage a real money portfolio for his charitable trust- enjoy advance notice of every trade, full access to the portfolio, and deep coverage of the latest economic events and market movements.
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