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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: AuBug who wrote (33128)2/17/2007 2:13:08 PM
From: Gib Bogle  Read Replies (1) of 78411
 
Interestingly, although I never thought about in percentage terms, I do tend to put a maximum of about 2% of my PF into any stock. I do have a habit of hanging on for drops of more than 25% though. I held onto most of what I owned last May, although many fell by 30%. If I'd sold when they were 25% down, I might well have bought them again at roughly the same price on the way up, in which case it wouldn't have made much difference. I'm sure I could do better if I paid closer attention, but the time zone issue and having a job limits that.
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