26 December 2007

No Time to Get Emotional!

It's time to become conservative. We need to raise cash levels. We need to raise stops. We need to pull back. We need to buy strong RS stocks. We need to buy 1/2 positions. We need to buy ETF instead of stocks.

We need to put emotions aside and look at the supply-demand charts.

Most importantly, if a stock hits a stop loss and there is a loss -- take it. A small loss is much easier to make up than a large loss.

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