Tuesday, March 11, 2008

SUPER BEN & RULE #14

BEN you tricky bastard, you. Just when our SMN trade couldn't look any sexier. SUPER BEN and his bottomless wallet adds 200 billion to save a few banks ... market rallies 400 points ... SMN down 10%.

RULE #14 ... TOO MUCH, TOO QUICK = BAD

we hate seeing a stock we own up 10% in one day, its too much, every time we get whacked ... or options up 60% or 100% by noon , its just too much ... BE AFRAID WHEN MAKING TOO MUCH, TOO QUICK ... same holds true for the reverse ... like seeing RIO down 10% in one day? ... up too much or down too much, this market wont let you make too much too quick. (solution = see rule #1)

rule #1 ... must take profits in 2008.


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