For your information, i use stop losses. I dont just enter stocks without a gameplan and watch them move 50 points against me. The aapl trade didnt work. I lost a few points and got stopped out. Simple as that. Trading isnt about being 100% right, it's about making risk-reward bets over and over again that make sense. As for VNO, with the market this overbot, VNO's business dying, an atrocious debt/cap ratio, and the stock stalling here below the 50-day (showing relative weakness to the broader market), odds are good we drift lower on technicals.

Fundamentally, the CRE business is broken, which only reinforces me conviction. However, should I be wrong, I have to problem taking a loss at $65.50. That's my out. As for targets, I'm looking to cover 1/2 at $50 and the other 1/2, in the 30s.