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Subject:  Re: Slightly OT: Date:  6/15/2002  10:52 AM
Author:  Jeanwa Number:  41862 of 50600

On the stop-loss-no-matter-what, I have to take exception in a market like this. These radical price moves are more like the actions of lemmings than rational humans. Now I understand the talking heads referring to the market like it was a sentient being.
When one spends serious time studying a company and makes a good sound decision to buy, and the price drops $5 in 2 days with absolutely no reason, I have no doubt it will come back. And probably within a few more days. I am not a buy-and-hold-at-all-costs type either, boy my hubby was, I finally got him to give up on awful Mutual funds we were in and I have to get the money re-invested

You mention the price of the stock going down $5 in 2 days for no reason....there is always a reason, people are selling, the real question (IMHO) is "Why are they selling"? Taking profits? Info we don't have?

So what is your acceptable loss?


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