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  • Cheerleading for an 0-9 Team To Go 1-9 [View article]
    Yep. Ask those who bought the 'investment of a lifetime' Nikki at 20,000 back in 1992. It was down almost 50% at that point.

    They got back to break even twice since then but never much above that. They are currently sitting at 8000 after 26 years of waiting.

    If you absolutely feel you MUST buy the dips, then be sure to sell some into the rallies and reduce your average cost of ownership over time (or sell call options to gather premium while you wait for the bull market to resume).
    Dec 03 16:48 pm |Rating: 0 0
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