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Limit Order question

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11-27-2007, 09:54 PM

beirutchmp beirutchmp is offline

beirutchmp is offline

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Join Date: Feb 2005

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Limit Order question

I bought GS not very long ago for around $175. With the way the Financials have been I've been pondering selling, pocketing my 21% gain and moving on. I'm someone who invests for the long term.

But instead of selling my whole position I've decided to set a limit order sell at $200. My question is why if at all, is it a bad idea to do this w/ all equities I own?

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