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Ep. 21: Michael Covel Monologue on Trend Following Radio

Michael Covel's Trend Following

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Facebook's 40% Drawdown

Facebook stock is at a 40% drawdown from its all time high. If you bought that day sometime, you probably got a fill between 38 and 45,. And if you're still holding on at 27, how does it make you feel? I mean, don't you deepen your gut kind of know that you're just gambling? It's just kind of like buying a lottery ticket.

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