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Tuesday, April 24, 2007

ALB


Here is a perfect illustration of how following a set of trading rules pays off. I held ALB until just before the close yesterday with a small, but disappointing profit. I felt a big temptation to ho;d on through earnings, thinking this could finally take off with a good earnings catalyst. The reported after market close yesterday, and today was armegedon. Never let a gain turn into a loss.

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