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Tuesday, October 30, 2012

Importance of Price Action

http://tracer-tracer.blogspot.com/2011/12/only-one-side-of-market-right-side.html


I just posted this for the record regarding how cheap is cheap.


Never buy a stock because it has a big decline from its previous high.
The likelihood is that the decline is base on a very good reason. That the stock may be selling at an extremely high price- even if current levels seems low. Livermore


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