"imo the lower a stock goes the harder time it will have recovering."
I gotta disagree with you... Look around in the market; MANY of what I'll call the great stocks prices are all down in the toilet at this time and will probably continue to drop.
A few stocks that I've made LOTS of $'s on over the past five years are also down 20-40% for absolutely no reason at all.
If Iran et al don't start a full-blown war OR the Lord doesn't come first . . . there are gonna be some of the best stock buying opportunities in years.
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