risk management

I first bought ADY at 9.1 and sold at 9.8 and I have been watching it go up, fall to approx 9.8 again and then watch it go North ever since.

I bought KAR at 70 and sold at 90 the next day and i bought NMS at 53 and sold at 62 the next day.

What do you think the lesson is?

The momentum monkeys have trumped me this year. The continuation of the bull market in 2005 has outperformed by wildest expections.

For the most part, my business plan is now less conservative. Buy when it goes up and sell when it goes down will be my 2005 catchphrase. Hold always when the trend is up.

All the best to all ADY holders.

Regards