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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems
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To: SouthFloridaGuy who wrote (707)4/2/2000 2:19:00 PM
From: Bald Man from Mars  Read Replies (3) of 896
 
2 things I learnt from the last 3 weeks
1) sell too late, when the indicator clearly indicates a downturn is around the corner, better sell it and ask question later, at the worst, you just have to pay more to buy it back later, but at least you preserve your capital
2) jump in too early, or catch the falling knife, it is better to wait a little to make sure the upward momentum is restored than try to catch the bottom ...

it is a very expensive lesson, in which I gave back 60% of my profit, but if I remember these lessons, it will save me a lot of money in the future ...
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