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Re: DOLLARLAND post# 12705

Tuesday, 09/09/2008 11:50:23 AM

Tuesday, September 09, 2008 11:50:23 AM

Post# of 16584
amen...and that is what I've been saying the last few days..if you can't beat them, join them - so if people just trade in and out of storms, do the same and don't be holding through the season looking for a 10 bagger...there IS big money to be made and I have done very well..winning trades on phhm, IPII twice, WEGI twice, GV....but I'm not getting greedy because I know how everyone else is thinking these days too and have to adjust expectations because of it.

As for profit taking before the close...no, think its a hold now - probably 90% of holders are in the red at the moment and will be looking for the next hurricane to sell their shares. Because of this, gains will likely be harder and harder to come by. I don't see much downside at this point, but also don't see incentive yet to buy again.

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