Saturday, June 18, 2005

Stan Weinstein's Don'ts for Selling

  1. Don't base your selling decision on tax considerations.
  2. Don't base your selling on how much the stock is yielding.
  3. Don't hold onto a stock because the P/E ratio is low.
  4. Don't sell because the P/E ratio is too high.
  5. Don't average down in a negative situation.
  6. Don't refuse to sell because the overall market trend is bullish.
  7. Don't wait for the next rally to sell.
  8. Don't hold onto a stock because it is of high quality.

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