understanding the psychology of behavior

My price target of 18 has almost been achieved.  Current levels are good enough for me.  The price appreciation is greater than the dividend distribution I am giving up by selling, so I am selling.

The PGH chart looks bullish, but the oil chart seems overextended. I am expecting an oil decline come wed.

Because of the chart set up, tax prospects going forward and dividend, I cannot blame anyone for wanting to hold on.  I will most likely re-enter on the consolidation.

This entry was posted on Monday, February 26th, 2007 at 11:52 am and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.