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Premium: A Stop Loss In A Tough Down Move

A quick note to state that we've now exited Tata Sponge at 892, because it moved down from the 1100 level in very quick downmoves. So much for all that momentum! The stock fell as fast as it moved, and went down below the 20% stop we had set.

We are also stuck in Tata Metaliks which has been going circuit down every day for the last week. This sucks, but it's part of the game - we chose to play risky stocks.

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