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Sunday, October 21, 2007

Rules of the Trade

1. The market is always right

2. Never apologize for a profit. Always leave money on the table.

3. Economists are wrong, as will as the public.

4. Trend lines work better than support and resistance. Follow the direction of the market. As it will tell you when to sell. Selling is the key to Money Management.

5. Hit the ask.