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Wednesday, 08/09/2006 2:30:09 AM

Wednesday, August 09, 2006 2:30:09 AM

Post# of 12929
OK guys, you had a chance to make some dough on that last little run. If you want to invest that is fine and dandy but at least hold some sort of a position for trading some. Believe me, there are so many times when I, (and many, many, many others), have got so locked up into a company and decided to buy and hold all my shares that I could kick myself and missed out on the oppurtunity to make some dough by trading. It is easy to fall in love with the co and hesitate to sell when your gut and the chart tells you to becuase you are afraid that if you sell you will miss the big one.

Have 2 positions. One to invest if you truly have done your DD and believe the huge potential is there and the other to trade. 50/50 split. You won't regret it if you can successfully trade. This one will run again and I suggest you sell at least a portion of the next run and reinvest on the bottom. Be very patient when looking for a bottom as anxiety may cause you to buy too soon. I would suggest in only investing in a select few.

GLTA