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To: John M. who wrote (12192)6/7/1999 10:46:00 AM
From: Jim B  Respond to of 13776
 
that's easier said than done..

when you have plenty of cash, you can put some into a stock and if it goes down you can just wait it out..

but when you have very little or put too much into one stock and it dips.. you have 2 choices

1) wait (which could take years) for it to go back up and make no other trades while you wait

2) sell and move the money into something else that might have a better chance of rewarding you

TSIG i bought in the .40s last summer and waited for a whole year for it to do something.. sold a couple months ago for 50% loss and took the proceeds and ran the up 2000% in 6 weeks elsewhere..

sometimes it's worth taking the loss..... sometimes it's not.

jim