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Technology Stocks : Osicom(FIBR)

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To: Mama Bear who wrote (4452)1/22/1998 12:56:00 PM
From: Dennis G.  Read Replies (1) of 10479
 
Barbara, do you think today's drop was a good example of MM's "sweeping the stops"? I kind of feel that way. It's why I don't like stop losses and my broker thinks the same way too. He says it's just advertising your intentions and they will usually find a way to oblige you. Want do you think? Maybe for a high turnover trader stop losses might be approriate, but for intermediate or long termers, I think they do more harm than good.

Dennis
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