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Re: 72chevnj post# 423

Friday, 06/21/2013 8:30:37 AM

Friday, June 21, 2013 8:30:37 AM

Post# of 558
have a trading strategy, and don't worry about taking some profits when the time comes.....

the details are up to you....but, for example, when I have a stock that is up 20%, I will sell a similar amount of my position....up 50%, sell half of what's left.....(in a trading position, obviously...I also hold long term cores in stocks I like).....then do the inverse when it drops, try to wash and repeat....

when to buy is a tougher as to when to sell....buy back cheaper (average down), or not catch a falling knife if things get bad???.....another strategy is to put in some low ball nibbles that are staggered, 10%-20% (or whatever) below current PPS, and be patient.....depends on how bad you want to get in, but if you are patient, you will often get filled.....

The is all my OPINION, and is best used for solid stocks like WDC, STX, etc....also, no stock is guaranteed, all that stuff....your money, your risk.....

PS: I see STX maybe going back to 40ish if the markets continue burping out selloffs the next few weeks.....

a few years from now, I see over 100 as possible.....HDD storage ain't going anywhere for a long time....

again, my opinions.....

MLM playing White: Queen sacrifice bait and mate in 7
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