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Ah the big question Acca, do you sell when you are happy with a set profit level, or wait and let the market be your guide ? _________________ If at first you dont succeed..then skydiving isnt for you
well, i have run it off side a bit and been patient, so i'd feel like a bit of a mug cutting it at the first sniff of a profit, and i think the market goes lower, so i am going to run them.
that said, these are big positions for me, and i'm also conscious of the fact it wouldn't take much more of a rally to stop me out, so if we get another couple of days' selling i'll probably take my money and run.
well, i have run it off side a bit and been patient, so i'd feel like a bit of a mug cutting it at the first sniff of a profit, and i think the market goes lower, so i am going to run them.
that said, these are big positions for me, and i'm also conscious of the fact it wouldn't take much more of a rally to stop me out, so if we get another couple of days' selling i'll probably take my money and run.
Be careful this market is going higher (much higher)
my positions are starting to hurt a bit. i've taken the stops out but may be trading out of them manually shortly if it looks like things are going to get painful...
there was a thread a while ago about what people thought the ftse would be at by year end... can anyone find it? _________________ Geordie_R
"A should of known there mum was buying banana's"
I havent read it, but there is news today that both France and Germany are comming out of recession. This can only help the markets surely. _________________ If at first you dont succeed..then skydiving isnt for you
bad retails sales figures in the US supress recovery talk for a moment and pull the market back half a percent or so. but is it resilient enough to push on regardless...
"do nothing, let the retail investors and long only guys punt it back up over the summer, then smash it back to the lows in september" will be this year's adage...
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