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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (8028)	9/17/1999 3:29:00 PM
From: Buckey	Read Replies (3) \| Respond to of 36688

BET - I suggested kindly to friend who had 20k of BET or 10k - I cannot remeber that they bought at .13 or something that stop losses do work and that a trailing stop loss might be a good strategy - I beleive in them versus the sell half on the double - anyway BET had moved thru $2 at that point and I suggested a stop loss of 25-30 cents below the bid on the way up - That person got stopped out around 2.20 I think and they did buy back 1 or 2 k at 1.90 but nonetheless they work - BET is looking just fine and they could get it all back now at 1.30 and ride it up again - OR just stay out and park the profits. I tried avging down on NAI and ran out of cash at .60 so I had 6k at an avg of 1.10 - NAI trades at 3 cents - Thats $6500 out the window by using an average down strategy instead of a stop loss strategy. we must learn from our mistakes or I will be 111 years old when I can retire