JDN and the Thread:
I believe we may be depriving ourselves from some extra cash, by sticking rigidly to some dogma! This story of being long or short is not practical. We have to be realistic, to take profit when we can, and then fight another day. On the Dell thread, the same thing happend. We had this character, that was either a very "stupid man" or a crook" who was advising the thread not to sell! Dell was at 59 and he was telling everybody not to sell! When Dell fell to low 20's he disappeard.
I beleive if you have 100 SUNW with 10 to 30% precent profit built-in, then you owe it to yourself to sell 50%and take profit, and keep the other 50% for a long investment. You can always buy back what you have sold when the stock corrects. All the stocks correct, nothing grows forever.
Since July of this year, I have sold SUNW over and over, everytime buying it back when it corrects 10 dollars or more. What is wrong with taking home some profit? After all, aren't we all in this business to make money? Maybe I am not as smart as some of the schysters on these threads that pretend to by analysts, but I have always tried to take home profit when I can. Over the years, that policy has paid. I hope it will work for you too! gg |
