In due time. We are getting close to the area where the turnips have a short term high here. There are two ways to play it. The risky way is to start and sell, the smart way is to carefully listen to Larry's trend, not sell until the uptrend actually breaks. With some stocks (like the core positions), the second approach is the best, for more speculative stocks, I think that raising stop losses and not too aggressively is the best approach. Remember we are in a main bull market, the major bottom was set in, only half as many stocks are going to make new yearly lows on a retest of that bottom as have during the September lows, IMTO, so, there is a good chance that those leaving the boat in that period, if they are not "nimble enough", or hate to pay a price higher than what they sold for, will miss the boat.
Of course exogenous impacts could change that, but right now, that is the way it looks like.
Zeev
in edit: sold AMD at $10.40, only $.90 profit and plan to get back on a retreat. Also sold IDPH above $55.30 for $2. |
