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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (7401)	5/12/2001 10:06:24 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

That's always a good idea, Don. I get out too early alot also- but one of my 3 main trading maxim's is JP Morgan's quip, "No one ever went broke taking a profit." <GG> And I have found that to be true. Have missed a few big winners by taking profits too soon, but heck- it's not a mistake if you're making good returns. Greed is just as bad as fear, and sometimes even worse. Have taken profits on a couple of my gold positions, but am still holding the majority. Probably will not sell all of them unless the POG goes to new highs, and I will probably keep trading them long- i.e. buying the dips and selling the rallies. I think we've turned the secular cycle to UP in hard assets. Good Luck, TW