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Gold/Mining/Energy : Crystallex (KRY)

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To: Michael M. Cubrilo who wrote (4781)2/7/1998 7:20:00 PM
From: tanoose  Read Replies (1) of 10836
 
Hello Michael;

A mental stop loss will be good if you can watch the markets, if you put in a stop loss, the Market Makers will see it posted and you can bet that you will be out. Mental stops yes, but physical stops will burn you more than protect you.

If you are that concerned maybe even a higher mental stop with a portion of your position, and then scale down would be a safer and prudent approach, it will make you feel more comfortable.

Be careful with a physical stop loss, MM's love them, I can't stress that enough!!

With regards,Frank
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