Saturday, February 11, 2006

Got shook out of PARL

Well, 7% was enough to sell. I'm left holding only MRVL.

IBD says that this is 5 distribution days for the NASDAQ, so the lesson learned is that I probably shouldn't have bought at this time, anyway. Now their recommendation is to wait for better buying signs before acquiring new positions, which is what I think I'll do.

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