Well, I finally got tired of waiting for KKR & Co. L.P. (NYSE:KKR) to recover, and sold it. I lost about 12% on it. I know, it is 7% above my 5% rule and should have dumped it a long time ago.

All this does for me is confirm the validity of my 5% rule. Generally, if a stock drops 5% it is going to drop more, and you should sell it.