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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Perspective who wrote (201384)5/8/2009 7:32:07 PM
From: The ReaperRead Replies (1) of 306849
 
OK, we both bought U.S. Steel at $100 because it couldn't possibly go any lower (Goldman told us so) and being very astute investors, we didn't use any stops. At $10 we are going to be even smarter and throw good money after bad and double up on X with the hope that we'll get our money back at a 50% retracement. Where are you sellin' BC?

And don't tell me $92 because you always use 8% stops. ;)
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