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RSI 14 was the lowest reading on my whole board today. I passed on it. The name trades at 197x earnings with debt nearly 2.5x equity, so that is not an oversold stock, it is a weak balance sheet getting marked down correctly. Oversold is a starting condition, not a buy signal. The dip I want is a cheap, low-debt business having a quiet bad week, not the most-hated ticker on the screen. Sometimes the disciplined trade is no trade.

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