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Pascal
08-15-2014, 11:17 AM
There are only two lines of defense against such sharp moves:

1. Stop and respect the stop
2. Have a balanced portfolio

I would not buy that sort of dump, because you do not know what kind of instability will be in the markets next week.

Believe me, fund managers are not prone at buying uncertainty. They want to buy protection against instability.


Pascal

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