cliff, I guess my point is that when we buy stocks we should do like every good trading book says to do. Place a stop loss real or mental at a point of what you are comfortable with. Most trading books say it should be 8%, 10%, or 15%. I have never read a trading book that said hold until you have a 50% loss. And for sure, Buy and mold hasn't worked since the crash in 2000. I'm sure that some here can point out a stock that has gone up for several years in a row, but they are one in 500 or 1000.
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