Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 686.96

-0.1%

Dec 30 4:00 PM EST

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To: Fintas who wrote (66864)	12/17/2014 5:39:00 PM
From: Lazarus	1 Recommendation Recommended By mary-ally-smith Read Replies (2) of 220890

Dood, you're not clear about a lot of things.... ...but I understand you have TMI so you just miss some things. RE: And to be clear my position was down 62% from the 2.15. Not 95%. I never said you were down 95%. Here is what I said: DRYS --- may get the dime you've been asking for... cuz everybody with a position of SIZE wants to see their investment drop 95% so they can buy more. DW was bragging awhile back how he was adding at $1.15.... that looks like its working out well for him and his lemmings. I am learning that I can always tell people what I said -- I just cant tell what they HEARD. YOU HEARD WRONG. So, I'll say it again... if DRYS drops to a dime from your average price of $2.15 you will be down 95% GOT IT? I'll do the math 2.15 X .95 = 2.04 2.15 - 2.04 _____ = .11 Close enuf, eh... we on the same page now??? Since I can point to stocks in my portfolio that represent 7 figures in losses ---> I can confidently tell you that --- mind you now, its taken me a LOT of time to learn this --- LOSING money and watching stocks go down to nothing is not smart investing. Most of the money I have lost has been by holding on to my LONGS which I viewed as INVESTMENTS Once again, I quote Jessie Livermore -- which applies to me and what I just stated: The money lost by speculation alone is small compared with the gigantic sums lost by so-called investors who have let their investments ride. Most of the money I have lost ( and I have had the privilege of losing more than most - no brag just fact) has been by holding on to my LONGS which I viewed as INVESTMENTS I'm just lucky to still be in this game.

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