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June 1st, 2011 at 3:15 pm
LOL, thanks CSL!
Overnight/Asaenz – Are you saying you were so bullish that you lost 5% on a down 2% day and you want to risk going down another 5% in the hopes we get a 1% bounce and then you’ll "only" be down 2.5%? So you want to risk another 5% in hopes of gaining 2.5%, right? What happens if you are down 10%? As long as you have a good plan for that, I guess it’s fine to go for double or almost nothing…
3:00 PM On the hour: Dow -1.78%. 10-yr +0.57%. Euro -0.16% vs. dollar. Crude -2.39% to $100.25. Gold +0.67% to $1547.10.