Sold MEMC Electronic Materials
On Friday afternoon I forgot to post that I decided to take a tiny profit on my 50 shares of MEMC Electronic Materials (WFR). With one hour left in the session, the trend was down, and I've heard that it's a bad idea to go against the trend in the last hour, so I sold at the market. The market then immediately turned upward and finished the day with decent gains.
I still have 20 shares that I consider a long-term holding. I keep at least token holdings of a handful of stocks that I really like fundamentally because it's too difficult psychologically to watch from the sidelines and continually wonder if I should get back in.
I still have 20 shares that I consider a long-term holding. I keep at least token holdings of a handful of stocks that I really like fundamentally because it's too difficult psychologically to watch from the sidelines and continually wonder if I should get back in.
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