bbotcs, I agree with you 100% about building cash in this crummy market. I took my profits in ERS last Thursday and I made up my mind this morning that if the market headed down, I would lock in my profits in FC. I also sold GFCI when it was down 7 cents and it finished down 27 cents. I also decided to throw in the towel on PPHM. I had 30,000 "free" shares and I did not want to see $30,000 turn into $15,000. I think that when the NAZ failed to hold above 2100, that signaled the end of the nice rally we had in May and early June. I went from 90% cash to 50% cash in early May and now I'm back to 68% cash. I will not sell VPHM no matter what the market does. Have a few others that look worth keeping as well.
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