Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Mama Bear who wrote (61106)	10/22/2000 2:46:08 PM
From: Prognosticator	Read Replies (1) of 122087

Umm, it was in 40 point type being screamed about on CNBC. Same argument as business wires: unless you happen to be near a TV you wouldn't even know. Hmm, better to take the loss in the case where a a stop loss would have been a valuable strategy rather than take the risk of a loss on a six sigma event? I think not... Know your company before you buy: if you put in a stop-loss why not just sell now, or go short against the box? Also, I'm not sure you're in the right place to be arguing a b&h strategy. True. I'm only here because of the work Anthony and TheTruthseeker are putting into HAND. I just sold my position once I realized what was going on there with the pending unlock, so I'm grateful. I shall remain grateful up to about $150/share, then I'm going to short. I'm scared though, since shorting has unlimited downside: maybe a straddle with some call options to limit upside? Or is a buy-to-close limit a better way to go (given all the bad things I've said about stop-loss I think not). P.

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