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Originally posted by: Fritzo
OK, we get word that Chris Hansen is checking out banks and brokers, and then the stock market takes a huge nosedive. Great :|
TurboTax Geithner announced that his delayed plan to save the banks has been delayed another month. Stocks started dropping around the time the news came out at noon.
Take profits when you can, don't get greedy. This way you won't be so upset when a blip rally goes back to reality and starts falling again. Too many people fail to sell when they're up 30 percent hoping they'll hit 150 percent, only to watch it dwindled to just 5-10 percent and languish. Profit smaller and more frequently and you get to play more often.
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