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lentinman

07/17/07 4:07 PM

#6483 RE: avandalay05 #6482

Avan:

"But..what do you think of one major short term pick to take advantage of the last gap up?"

If I had any confident opinion on that, I would be a buyer, but I haven't bought a stock since last August!

My perspective continues to be less about buying than selling even though I'm over 90% cash. Rather than thinking about what else can I BUY for a blow off top, I'm thinking about what else can I SELL to take advantage of a blow off top.

I sold half my PESI today on a double and have 5 other stocks that are near a double that I have limit sells on for half. I'm working hard to get to 95% cash.

Len