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MNYC

10/14/10 11:50 AM

#1399 RE: TheProfit #1397

As usually, a lot of people sell on news, they're not even reading it, they just pull the sell button.

You know the phrase "buy on rumor sell on news".

As if this always applies.

I know that many of my picks don't always rally on news but the day or days after. Two big examples lately were FLT* and PCF*