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I just sold my ESMC. It was down almost 8%, which is my bailout point. Why hang on to a stock that isn't performing, when there are so many others I could buy. I also sold my one mutual fund holding.
I seem to be finding more stocks to buy than I have money. In that case, it would make sense to hold only the most profitable ones. I need to capitalize on this market, as these good times won’t last forever.
Posted by Ted at January 12, 2004 12:08 PM