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Strategies & Market Trends : You buy a stock. It goes down, now what?

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To: Bald Eagle who wrote (103)7/24/1998 6:14:00 PM
From: Investor2  Read Replies (1) of 112
 
I'd like to start this post by saying that I'm not trying to be rude. I'm just trying to figure out the best way to prevent the "ADPT's of my life."

1. I thought you were going to buy a stock that was going up. It looks like LSI has dropped 20% in the past week. What is your plan?

2. Did you (or are you going to) set a stop loss?

3. At what price will you sell, if the stock moves higher?

Best wishes,

I2
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