MARKET UPDATE

Did you took some gain ???

Most of the time october brings in a correction and even if i expect that one to be in the 5-8% range it is alwasy a good habit to grab some gains and wait for the next entry points.

This represents a 10% change in share price and even if it does nto close at that level, you can buy back shares at intra day well under the closing value.

Do not get too greedy. If you made the profit you wanted, get some off the table and be patient. It may takes 1 or 2 weeks but a certain correction will come.

It is always sad to think that gains were made but only to realize that you never make money by buying stocks but money is made when you sell.

You made your 30%...get the profit and wait for the next re-entry point. Even if the stock goes higher be patient. NOBODY has even been bankrupted by making profit...

So the rule is simple: get your 30% off then wait for a 10% pullback. Believe me it works great!