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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: DStandish who wrote (2011)8/25/1998 12:49:00 AM
From: Van Nguyen  Read Replies (1) of 2616
 
Don't hang on with the losers, hoping for a rebound. Remember that to recover from a 50% loss there must be a gain of 100%, for 69% loss like today there must be a whopping more than 300%; and the market won't wait for. There are a lot of day traders out there who'll be very happy with a return of 5-10%.
The hardest part in trading is to materialize the loss and get out of it. Don't ever blame the shorts, without them the market would have fluctuated more wildly.
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