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My Stock Watch List

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Why do we need a Stock Watch List? I guess most of the investors are having their own stocks watch list in hand which they intended to buy when opportunities arise. Having a watch list of potential investments next to your workstation allows you to seize upon opportunities presented by the sometimes over-react Mr Market. Armed with a watch list, investors will be at an advantage position as he or she can simply wait for good investments to arise rather than going out looking for them when needed.
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