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Alias Born 09/26/2009

Re: cintrix post# 1714

Tuesday, 09/29/2009 12:10:25 AM

Tuesday, September 29, 2009 12:10:25 AM

Post# of 6266
SWEEEEEET!

My natural instinct is to hold that stock for 5 years as I want to believe it is going to go to $40.

However, that is the thinking that killed me in the 2000 crash.
Because there are so many stocks beaten down and the "take profits at every opportunity" has been working so well, I'm reluctant to get caught up in the euphoria.

I even just added a new exit rule that takes me out of any position after 10 days, just to weed out the non-movers and free up the funds for other stocks that are moving.

Oh yea! Beware of fund managers doing window dressing for the next few days as we approach the end of the month!

Don't get caught too Long when the market tumbles!

I don't believe this run-up is real for a second.

Keith

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Goodbye mutual funds Hello CoolTrade Robotic Traders

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