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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (3724)7/13/2000 11:40:37 PM
From: Les H  Read Replies (1) of 436258
 
A 75 percent drop and quick bounce back is now called a basing pattern as per IBD. A shakeout is a 75 percent drop in which you get a margin call and you forget to write the check from your home equity line of credit.
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