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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: goldsheet who wrote (51270)4/10/2000 9:03:00 AM
From: LLCF  Read Replies (2) of 116753
 
<The real problem with a 50% loss is one needs to hope for a 100% return to get even, and a 200% return to catch up with the overall stock market. Discipline is required to cut losses before they get that bad.>

But after a stock has rallied 100%, it needs to go down only 50% to be even... therefore never buy stocks because the odds are stacked against you! :) <VBG>

I echo rarebirds response... know what you own, Warren Buffet states in his works that large % losses are just a big boon if you know what you're doing.

DAK
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