Saturday, January 20, 2007 12:07:16 PM
Good posts Metro.
The only thing I could add is to get some good investing books, like Bill O'Neils'. He has many good buy and sell rules oultined.
Then with some practice and discipline, when you start setting in place these rules and more importantly then begin following your rules, it takes the emotion out - and then you naturally perform better. Check out his chapter just on selling in How to Make Money in Stocks.
And check out this Monday's IBD - see page B20 for a recap of some sell rules.
And, one more note here; from the main breakout on 11/3/06, NYX ran from the previous day's close of $77.00 up to $108.96 on 11/22. That is a 42% gain in three weeks. He also outlines some special rules for moves like this - in that chapter and in the mentioned article.
Good luck.
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