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DavidFischer

12/22/06 12:23 PM

#521858 RE: marketmaven #521848

Yeah your definitely right on that. I dumped a third of my shares, just to lock in at my first target. Though I can't seem to come up with any other target for some reason, 123's?

Just don't want to get rid of the whole position, these big gap n crap type plays are usually very powerful. I move my stop up above that big 5 min candle, just don't want to also give up the gain, stop is 131.20, still makes money but protects the gain. What do you think?
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madrose1

12/22/06 1:15 PM

#521881 RE: marketmaven #521848

well they still have the x-mas "gift certificate" rally to look forward too, CNBC already mentioned this am ;-)

plus all those huge bonuses to be spent or invested on Wall St ... and later into eps season to go thru and see just how well some like AAPL have done & GOOG .

Catalysts going into later feb has to look soft on the retails and electronics , cells, semis etc ...why we are correcting here imo , retails all have been soft already after those huge runs .

There's always the Tax refund rally too...