You buy a stock. It goes down, now what? Message Board

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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 (107)	7/27/1998 11:29:00 AM
From: Bald Eagle	Read Replies (1) of 112

Actually I changed my mind. I'm limiting my downside potential to slightly less than 30% by buying JAN 15 puts. In the meantime, I'll sell calls when I feel like I can get a good price. If my shares get called away, I can sell back the puts.

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