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Message: Re: Taking Profits - Hey Al...
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Feb 08, 2008 06:29AM
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Feb 08, 2008 07:27AM
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Feb 08, 2008 07:44AM
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Feb 08, 2008 01:47PM

Hi sneezer,

I agree with you, not everyone can sit in front of their computer on a daily basis and watch the market. Many, many investors buy and hold a stock. They are in a stock for the big picture and I take my hats off to them and wish them nothing but the best.

However, I am sure many early investors in NOT that got in under $1, took some money off the table. In fact on the NOT board I have read many after the fact posts from people that did. When I read all the rah rah posts from people that did sell near the top and  rebought it actually upsets me. They never once mentioned they were cashing out some of their stock to well after NOT had tanked. I couldn't care less that someone did take money off the table, its just the ones that were still pumping failed to tell the top buyers of their intentions.

Everyone plays the markets differently, and I wish everyone nothing but best of luck. Only advice to everyone is practice good money management and do what you feel comfortable doing. Have a plan and follow it.

 

Al

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