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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 686.96-0.1%4:00 PM EST

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To: GROUND ZERO™ who wrote (8106)7/28/2010 9:59:44 AM
From: Kirk ©  Read Replies (1) of 220888
 
Good luck. Good thing about taking profits is I am just as happy if the market continues higher than if it corrects. If the market corrects, by taking a FEW profits, I have the new cash to repurchase some. It is similar to asset allocation rebalancing but using resistance and support plus some other indicators like your model, Don's CLX, sentiment, etc. to help get better prices for taking profits and to HELP keep me from buying back too soon.

Did you stop posting your trades on facebook? I didn't see the latest update.
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