CMCO

This name came out of my portfolio yesterday a hair above 21. In review of my purchases i bot the stock in the 9's and then again in the 15's......I usually have a number of reasons for why I sell a stock. This reason was because it was time to take a profit. I continually fight the urge to take profits and wear the badge of the "I top ticked Mr. Market and look how much money I made" syndrome. Those feelings usually wind up costing me alot of money as stocks can carry themselves to extremes with me or without me aboard. Yes, the stock opened up strong again this morning on a weak tape and i was kicking myself. When I bail I generally bail with the entire position, not hanging around to follow a partial holding and not hedging the position/profits with options, the energy required just too much when I can use that focus and concentration on positions in which I am fully engaged. Hythiam (HYTM) is trading well today. Am feeling a bit more cautious today unlike the last week. Just feel something larger than wind and water ahead. I hope you are portfolio is doing well and you are looking more at using ETF's in your portfolio both on the long and short side of the market. They have made my job alot easier this year.