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> On 2014m07d27, at 16:50, William Chops Westfield <westfw@mac.com> wrote:
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>> That means that two successive 100% increases are NOT the same as a sing=
le 200% increase.
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> Alas, it also means that if you own stock, and it goes down 10% on one da=
y, and up 10% on the next day, you've still lost money=85
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> :-)
> BillW
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Also if it goes up 10% and then down 10% , you have lost money.
Gus
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