Nl, Got to agree..You made the right decession and as you are...

Nl,

Got to agree..

You made the right decession and as you are now in the position to buy back in at a moments notice, it is better to conserve your capital base..

It's a rocky road a head of us..
Taking profits is a good thing in this market and in any market..

If MPO proves up its reserves then it will tread up and there will be time to buy again..

So what if you lose a few points.. look at the paper loss those that are still holding are sitting on today verses yesterday.. I sold the last of my holdings yesterday at .225 and am happy with my profits..

Lets see if the Dow has a melt down.. if not then its back in.. if it does.. then there is going to be some more pain for those that are holding..

Picking bottoms is as hard as picking good stocks..

this is the time when legends are made.. fortunes are lost and for a very few fortunes are made.. the history of the markets is unforgiven if you are on the wrong side of the fence.