Keep/Add to the Winning Position, Sell the Laggard

angelafund

Hello from Las Vegas. Las Vegas is hit with blistering wave of summer heat. It is hot hot hot. Folks look really sexy on the street ... Market closed the last Friday with modest loss. The fact that a few big high profile stocks got hit hard combined with overbought market condition did not bring down much the big board shows how much stronger the underlying market is. The market breath is in lock step with the big board moving higher. Market is overbought in short term. In strong bull market, overbought condition is not the reason to sell winning positions. My Port BIDU GMCR NTES CISG EJ CHLN The following positions are sold, CYOU CYOU is too sloppy. The wide and loose price action is not something I like to see. Sell the position, move the fund to cash and other better performing stocks. FUQI FUQI offered the secondary essentially diluting the share value. There is no information on how much the secondary is priced. Sell now to move fund to cash. In retrospect, I probably should keep 50% of the winning position. ARST The action is too sloppy. Sell! http://thewallstreetoperator.blogspot.com/

mary666

thx