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Ep. 1165: Big Events with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Enron Crash Chart
The Enron crash chart, see figure 4.22, in the supplemental PDF, is now famous. At its peak, the company stock traded at $90 a share, but it collapsed to $0.50 a share. Even if Enron was the biggest scam ever propagated, hopeful investors who held on all the way down are as responsible as Jeff's killing. Blind investors bear responsibility for not selling and losing their money.
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