irondoor91

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Options Trader: Monday Outlook

"When that stock drops from $50 to $17 and everything they hear in the media is "SELLSELLSELL&quo... and they get out at $17, those people can’t afford to get back in at $21 a week later".

Hmmm. In looking at the chart of C, I notice that it took just about a year to go from 50 to 17. Has anyone ever heard of a stop-loss order? No, I guess they were out on the golf course with their $2 Nassau, just before stopping by the mail box to collect their C dividend checks.

Get real. Are the advisors and owners of those retirement portfolios you speak of so incredibly stupid that they have not heard the "rumor" that Citi has been in deep shit since the light of day was shed on their sludge that masquerades as a balance sheet?
First, there was smoke; then there was fire. Finally, there was meltdown. Better get out now while you've got a few naked shorts that have to buy.
Jul 21 11:11 am |Rating: 0 0 |Link to Comment |View article

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irondoor91

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Options Trader: Monday Outlook

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