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Sunday, 18 August 2013

Trade of the Week: The Persimmon Precipice

Posted on 09:44 by Unknown
You shouldn't try to catch a falling knife, right? So it would have been dumb to have bought into housebuilder Persimmon on Thursday last week when it suffered the price-drop shown at the end of this InterTrader chart:







Except that this is what happened next (it bounced right back):





It means that within a day you could have made a £100 profit for every £1-per-point staked, as
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      • Trade of The Week: Renewed Confidence in Renewable...
      • Trade of the Week: The Persimmon Precipice
      • Trade of the Week: The AGA Saga
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