Taking some off and ride the rest

We can all agree that no matter how good a stock looks and how good your portfolio is performing, it's always prudent to lock in some profit and take some off the table.    Such is the case with us today.     Even though some of our selling today may not come at a best price, it'll prove to be valuable habit if you want to do this for a long time.    Ok here's some update...

BTJ, back to our #1 favorite.    The #3 position on IBD this weekend came as a surprise?   Nope, we thought it was inevitable so last week provided everyone with plenty of time to get in before what we think might be another major leg up.    We added quite a bit today.

IAAC & GROW, this twin just bolted out of the gate and so far holding up really well.   Keep in mind, these two have ran up quite a bit and if you look at the past, they always have a tendency to pull back some after a big move.    Reducing some exposure might be a good idea and that's what we did.   Of course, we are riding out the rest untill a reversal comes.

ALY, this one is really repeating a stair case pattern.   Regardless, it broke out with nice volume.

GRB, baby food strikes again?  Lol!  Hopefully volume picks up some and it closes above $16, so far so good.

NEU, it gapped up and what else do you want?    We are going to see what kind of close it gets later on...

there is also some pockets of action going on elsewhere, but we are really having our hands full with just the above ones...

Update on Tuesday, September 5, 2006 at 11:31AM by Demi/ YourPersonalTrader

speaking of let it ride...some days you come to the market and a horse race or two breaks out. Remember some can only go 6-7 furlongs, some a mile and 1/4, its never a bad time to take some off the table, sit in the lounge have a few and catch your breath ..just in case your jockey falls off your runner. Unlike a track..you can always make another bet down the stretch, at the close.