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My account goes from down 10% to positive this morning, wow!

(2009-01-15 11:47:39) 下一個
every day is a new day in stock markets, never boring!

I am out of XL at 3.27 bought hours ago at 3.11 at the absolute darkest time. I am out because I do not want to carry too much margin, I am out because I do not want to be too greedy, 5% gain in a couple of hours is not too shady. I am out because I am trying to learn to show some respect to analysts. XL got downgraded by an analyst this morning, I used to sneeze at those analysts. Now I try to take advantage of that. The downgrade makes share price go lower, do not fight against it, just try to buy at even lower price, better strategy.
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