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Friday, January 26, 2007

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Now, I want to touch on a few things, firstly, at some points the companies that we feature move quickly, quicker than we anticipated, now one thing that we do not want to have is anyone leave money on the table but when a stock runs up quickly there is always a pullback because nothing moves up in a straight line. So you need to map out what your exit strategy may be with any stock that you get involved with, take some off the top and let the rest ride, or just move on to the next issue. Some stocks present the opportunity to trade it a bit, but this entails you really following the stock closely because sometimes a company can change fundamentally, get downgraded or upgraded, or have a flood of institutional funds flowing in or out of the stock in short order, so you want to make sure that you are armed with as much information as you can have.

 

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