Quote:
Originally Posted by pw2006
Greg- I've got my eyes out for that dude, and I totally agree with scaling in and scaling out (unless one of the fundamental reason you bought a stock changes, ie- you bought a stock for the dividend and the company suspends the dividend and issues a poor outlook, etc). To follow up on my earlier post of scaling down my position in FOLD and increasing CVX... My fundamental reason for purchasing FOLD hasn't changed, which is why I held half my position, I just wanted a little less volatility in my portfolio. FOLD is up nearly 120% since I made that move!  Good news, I kept half, bad news I sold half. Let me know if you find the little man from Wall Street! |
Had you not done ANYTHING -- FOLD would have stayed flat. So thank yourself for being a market maker!
I've warned of this phenomena on several occasions. I don't know why it happens - but it does. I have a rope with a noose ready when I find the little
basterd.
Rules of the road -- the one you sell - goes up - the one you buy - goes down. It's a total ying and yang thing.
