I am taking advantage of this move up to scrap several under performers or to trim those that I eventually want to dispose of. This move is not profit taking per se, it is spring cleaning as we move into winter. Gotta love this bull market. Cut you losers (and under performers) and let your winners run.
LACO: selling partial position at -1.20%
MVIS: selling remaining position at -5.19%
HALO: selling remaining position at -16.83%
EP: selling remaining position at +2.91%
As you can see, I am not selling anything that is below my sell rule of -25%. My goal is to recognize those that stall quickly and cut them loose in an attempt to rid myself the misery that comes with holding losers too long, as well as avoiding the damage that ultimately comes to my bottom line.
Wednesday, October 10, 2007
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