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LOL Is that an assumption you make or a self delusion. Ho do you define a 'blue chip stock'?


You do realise that of the Dow30 stocks on 1/1/1900, not one of them exists today. The only Dow30 stock that existed in the 19th century that still exists is GE. As a blue chip, and in the year 2000 it was the bluest of blue chips, but has fallen in price from $55/sh to ~$10/sh. Your easy money would have lost money on it.

You use FB as an example in your video, showing 2 pullbacks, one of 23% the other 43%. When did you buy,or would you have bought?? At what percentage decline would you have bought?? 10%; 15%; 20%?? It obviously couldn't have been above 23% or you never would have bought the first decline. This means that during your second buy, at the same say 20% decline, you were prepared to hold on for a further 23% decline and been happy with making 'easy money'.

You mention that if it drops 50% or more then something is wrong, so if you had bought FB at 20% off the top, would you have used the 50% loss as your stop loss point?? In 2008 just about every 'blue chip' stock lost over 50% of it's value.


Your 'easy money' stocks/trades never mentioned entry points, exit points, nor stop losses, so yes total BS.


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