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Re: tbk420 post# 72418

Monday, 11/21/2011 10:24:31 AM

Monday, November 21, 2011 10:24:31 AM

Post# of 105534
All I'm saying is anyone who engages in investing needs (has to have) an investment strategy that includes a selling strategy based on a declining pps. Anyone without a clearly defined investment strategy will untimately end up with some pretty big RED numbers in their portfolio. An investor needs to decide on a dollar figure or percentage their prepared to lose and when they hit that magic number they need to bail....simple as that. Adhearing to that strategy will conserve capital and allow the investor to buy back in with the same money and more shares than they previously had. Is it a gamble...sure, but it's a better gamble than watching your investment as that red number grows larger...10, 30, 30, 40, etc.

Anyone can be mad at Matt all the want, but Matt didn't hit the 'BUY' button on their computer. And it's obvious no one hit the 'SELL' button. So, a person can be mad at Matt because some of the things he said haven't come true (yet). But the blame for not having an exit strategy lies squarely on the sholders of the individual investor. Gotta have a plan....without it, there are going to be failures.

There ya have it.....it's the investing plan, or lack there of that is the reason for all the red on one's portfolio. Matt didn't do that. Matt simply got kicked in the balls and the pps has suffered, but the swelling has gone down and Matt is recovering nicely. I think the best days are ahead....heck, I know they are.

Lastly, we have a very nice cup on the chart, and the handle is taking shape...it's about as classic as one can get.

Good luck and Best Wishes....lookin' forward to Turkey Day.



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