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Well another way to play it is to sell puts in which case if that correction happens you buy the stock you wanted at a cheaper price and if the market keeps rising you at least get to keep the premium.

And I wasn't arguing against investing in undervalued stocks like RF.  I suggested many over the years, but your blog left the impresssion that it was the only stock you bought back in 2009 with all your money. I am just glad you did profit.

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