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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Jun 13, 2013 12:36 PM Flag

    Time to cut your losses BX @ 20.95

    TIME Cut your Losses BX @ 21.02

    Low volume rally, not a change in trend

    Every day down means more folks are caught holding more losses.
    Storm damage
    Derivatives written by Instructions ( like puts at lower price)
    Currency losses
    Margin debt
    Mutual funds profits becomes losses
    Mutual funds buyer becomes sellers
    Not much cash with Mutual funds.
    Home Equity borrowers and buyers of stocks, changing to sell to pay debt
    APPLE and Gold is a good example, don’t look at Dow, but watch your stocks performance.

    We could get a technical rally it will follow like Japan wiped out after a few days

    Please put a stop loss order, in case of bad weather, your internet connection is down.


    Carolyn Novice

    Sentiment: Sell

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25.83-0.22(-0.84%)Sep 23 4:01 PMEDT