Securities Research Services

Wednesday, February 21, 2007

Don't Let Fear Keep You On the Sideline

Our expectations for a minor market decline this week appear to have been off base. Buyers showed up and snatched up early weakness yesterday pushing the broader market to fresh highs into the close.

The market is extended here, but good trades often appear in these extended conditions. We have been making money for months now while the talking heads on TV have been warning caution.

Let your stops carry you out of the bull market, not your fear.

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