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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (83215)	10/7/2009 8:39:48 PM
From: Keith Feral	Read Replies (2) \| Respond to of 118717

People have gotten in the nasty habit of getting rewarded for selling stocks as they break out. Now, we are entering a new phase of market psychology where investors will get punished for selling breakouts. I keep selling whatever laggards I have left to add to my positions on pullbacks from the highs. I keep seeing the market confidently sell off 10% yielding ideas when they get to 9% yields. I have no problem selling half my position to take out some profits and reload back at better yields either. It's all gonna backfire back to the upside though. RNP, PCN, PTY, PFF, PGF, LINE - they all look as interesting as they did a couple months ago as they lose the premiums to the nav or pull back to the 50 dma's, or both.