Subject: Re: OT: Question on selling
Rebalance between asset classes, not individual securities.

Past price movements of a stock have NOTHING to do with future price movements (in the long term). This is both 100% true and very hard to grasp.

Price increase or even P/E increase by itself signals nothing (I mean in terms of future price). You just have to buckle down and project future growth. There is no shortcut or mechanical formula.