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Old 10-05-2004, 09:21 PM  
Paraskass
Confirmed User
 
Join Date: May 2002
Location: QC
Posts: 5,829
When you buy a stock, always determine a sell-off point.

If you bought them at 100$ and said to yourself, I will sell them if they reach 130$ and dump them if they reach 50$, go ahead and listen to your plan.

Then, move on to some other stock.

Remember, what goes up, must come down...

the reverse isn't always true.
If you feel confident, walk away, and never look back.

I should have done that when nortel (CA) stocks hit 12$. I would have made 100% return. I didn't, and now I am down.
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