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Technology Stocks : GTIS: Is there a better bet for Christmas sales?
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To: RJC2006 who wrote (173)12/6/1996 6:17:00 PM
From: Mike Kao   of 432
 
Cutting losses does not equal panicking. If it was part of your original game plan to hold onto stock down to a certain level, that's good sound money management. But it's entirely different to say, "Gee, the stock has gone down much lower than I thought it would; therefore, I'm going to hold on and hope for the best." THAT is a sign of someone who can't admit that they're wrong and usually makes a small loss into a big one.
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