I came back to take a quick look ant appears that SDTH is challenging it's 50 day MA. It's amazing how when the market gets good news solid fundies can become important again. I just don't feel good about buy and hold in this market with the indices bouncing off of resistance. Will it hold? It all depends on the market.
I have absolutely no regrets taking profits in this market. I would do the same thing again and again. If it breaks resistance with volume then it become a much lower risk trade and if I have time to catch it I will jump in... and promptly take profits if it gets overextended. In a different market I would never even think about selling at this price... but this is a BEAR, and hence unfortunately here, a trader's market.
This blog is for informational purposes only. It does not give investment advice.
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