Updated Stops

Feeling the urge to book profit? This is the flip side of the urge to keep holding as a stock is falling. Both impulses, perfectly human and natural, are specifically geared to make us stock market losers: cutting winners early and letting losers run.

With today's breakout, here are updated sell-stops. I'm providing these as a way to encourage you not to book profit. As price rises, so do the sell-stops, and you can think of that increase as banked profit. This method allows me to actually reduce my total risk exposure even as price rises. If you must sell, I recommend taking no more than 50% off the table in each position.

Current Holdings
Ticker	Sell-Stop
PQ (assuming held)	9.09
XLK	16.49
SSO	31.49
FCX (if elected)	29.99
AMAT	12.89
EWZ (unofficial—gapped too high)	38.78