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Re: hutchdiggity post# 127053

Sunday, 03/26/2006 7:18:40 AM

Sunday, March 26, 2006 7:18:40 AM

Post# of 286286
Hutch:As someone who has done pretty well in the market over the last 30yrs and currently trades 150 times+ per quarter, imho you may consider taking your *total cost + 25% out in the near future, and letting the rest ride for a longer term. That way if other opportunities arise with other issues you will have that capital to play with, if you wish you can also purchase later on a retrace, but you should obviously be a trader familar with TA for that even then it is a real ?.

Just free advice, and likely not worth anything to you but what I do on big movers is:

1. Sell a # Shrs = off after they go up very substantially, 2,3,5,10 baggers, depends on the TA analysis and news, but I include a figure of 25% profit on those shares. So if your total investment cost including in & out comms is say $5000 x 125% = Sell enough to cover $6,250 after a significant rise. Depending on the action it may only take 1/5 of your total shares.( That profit will likely get eaten by the IRS unless you qualify for 15% Cap GAIN .

That way 80% of shares are protected and worst case, even if the company does an R/S or goes BK you are fine relative to your investment.

BOL

2.