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Investment Strategy

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As a long-time investor, one of my old strategies was to buy on the dips. But now, with the large influx of unlettered online investors who according to some Wall Street professionals (“ ‘Net Pits Wall Street, Main Street,” Jan. 18) “can’t read a balance sheet,” my new strategy has become to buy with the dips--and then bail!

RAY ROBBINS

Pismo Beach

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