The Market and Stocks
According to IBD the Market is in a Confirmed Rally as listed in the Market Pulse box (page B 1). However, due to getting back into the Market too early last time, this time I am waiting until the IBD Mutual Index is above its 200 day average (page B2).
I took additional profits on three stocks yesterday---the stocks I don't expect to be leaders in the next UP Market. I still have three stocks that are underwater---one that was purchased without holding to my guidelines, one that drifted down and I didn't hold to my sell rules, and the third stock that dropped like a rock and I didn't immediately sell.
TO ME: Once again BUY at the correct price and for the right reasons, and Do Not Violate the sell rules. During these days of low transaction rates, one can always buy back.
9:52:59 AM 
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