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Alias Born | 04/16/2006 |
Wednesday, May 03, 2006 2:46:06 PM
...when this thing pops, there will be much selling up to a nickel. This because of the geometric multiples in profits to be had along the way.
But once we stabilize at a nickel...that will be the new launching pad for the next leg up.
Many will make the tragic mistake...of selling too soon. of selling before making it onto the nickel launch pad.
If you buy at a penny, and sell at a nickel, that is a five bagger, and many here will do this very thing, or sooner.
But if you buy at a nickel, and sell at a dime, that is only a two bagger, even though the "distance" from five to ten is identical to the distance from zero to five, arithmetically speaking.
With the last retrace/gap cover from two pennies, MM's have set many of you up...for the dreaded...premature eject-ulation.
WHICH IN SOMEWAYS IS MORE TRAGIC THAN FAILURE-TO-LAUNCH.
yours,
Rick (apple)
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