Pre Market Thursday 12/20/2012

Good Morning Musers!

Economic data out this morning regarding unemployment claims and 3rd quarter GDP (potentially market moving numbers) are out.  GDP is revised better than originally reported, and jobless claims are reported to have risen slightly.

Not expecting any really compelling reasons to sell stock or buy more.  Protect your positions with stops.  All it takes is one day that catches you by surprise.  If you have no stops in place, the day will come when a position you hold is suddenly 20% or more below what your entry price and you will curse the day you ever started with investing.  DONT LET THAT HAPPEN!

Check back later for some updates.

 

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