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S&P 500: 1,340.35 Change: -0.84%
MrKnoWhen
P&P Score: 22.90 | Points: -7.59 | Accuracy: 38.24 | Average Pick Score: -2.61   Annual Return: N/A  
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BUY: REPUBLIC SVCS INC (RSG) Rating: 2
Start Price: $17.33
Points: +23.84
Created: 03/24/2009
RSG - Republic Services is an Intermediate Buy Long (IBL) here at $17.57, look for Resistance at $23 near-term, it was most recently oversold around $16 to $14.

2 Comment(s):

Author InvestmentMAGE     Date 2009-03-25 23:14:28
are we supposed to bail at 8% ?

MAGE
Author MrKnoWhen     Date 2009-03-26 09:25:54
The idea behind the Stop-Loss order is to preserve capital, and minimize loss. So, the answer is YES. So, when the price drops to $15.94 the Stop-Loss would get triggered, and the position closed out at a -8% loss. Any questions?
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