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The Water Cooler
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AMC Stock Movement on the NYSE
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<blockquote data-quote="zghorner" data-source="post: 3843336" data-attributes="member: 35089"><p>Yea I would probably wait until it at least shows some accumulation or at the very least pyramid your entry on the way down instead of putting out your full line all at once. </p><p></p><p>"Old Baron Rothschild’s recipe for wealth winning applies with greater force than ever to speculation. Somebody asked him if making money in the Bourse was not a very difficult matter and he replied that, on the contrary, he thought that it was very easy… "I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon."</p><p>Jesse Livermore, Reminiscences of a Stock Operator</p><p></p><p>[ATTACH=full]296595[/ATTACH]</p></blockquote><p></p>
[QUOTE="zghorner, post: 3843336, member: 35089"] Yea I would probably wait until it at least shows some accumulation or at the very least pyramid your entry on the way down instead of putting out your full line all at once. "Old Baron Rothschild’s recipe for wealth winning applies with greater force than ever to speculation. Somebody asked him if making money in the Bourse was not a very difficult matter and he replied that, on the contrary, he thought that it was very easy… "I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon." Jesse Livermore, Reminiscences of a Stock Operator [ATTACH type="full"]296595[/ATTACH] [/QUOTE]
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