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Re: Fanthos post# 9609

Thursday, 07/03/2014 11:22:27 AM

Thursday, July 03, 2014 11:22:27 AM

Post# of 32302
If you are happy with your profits and don't want to risk this going down then by all means stay on the sidelines. I am in and holding because I don't want to get trapped into chasing this Monday if news pops up in the morning.

I've also got extra cash waiting for the heat to get turned up on this. If news comes and exceeds expectation, I'll be doubling down ASAP but don't plan to hold all of it after a large, quick increase. So yes I'm long but yes I will flip a partial position on these kinds of runs.

Long or short, it's ALWAYS a good idea to take profits when available, and hedge in case the opposite of what you think happens.

GL
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