Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Joe Basile who wrote (4567)	4/12/1998 11:44:00 PM
From: Skeeter Bug	Read Replies (2) of 42834

>>He recommended doubling up on the stock (if it went down), then you could take the loss on half the shares and still have a position. I find this confusing !!<< actually, this is quite savvy. da brink is nothing if not good :-) say you own 100 shares of abc. if you sell to lock the loss and then buy back you have to wait 31 days or you lose the loss. however, if you buy another 100, making your new total 200, and then sell 100 you still have the 100 shares and you've locked the loss on the 100 shares - which was the original purpose. very good brink :-)

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