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The current thread on losing trades and the current news/rumor driven
volitilty should lead to realistic assessment of event risk. While the
markets have probably pretty well discounted the election outcome and
any reaction to a final outcome may be somewhat muted, there are event
risks which could have a far more immediate effect on the market.
Consider, for example, if Greenspan were to have a heart attack with an
already nervous market on edge about everything ... would your stops be
executed before limit down was reached (instantly)? Could your account
stand 2 limit down moves?
Earl
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