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To: drsvelte who wrote (12669)3/29/2000 1:07:00 PM
From: shasta23  Respond to of 14427
 
It's hard for me to see the profits of the last two weeks melt away like butter in the sun just because i didn't follow my ususal strict stop loss routine. Normally i don't allow stocks to go that far against me but the positive experience of CLint and a lot of people on this thread made me try a new approach. But i guess the timing is not that great and i should've done this in jan-march when the going was good. In correction mode my old tight stop loss method seems more appropriate. I know i would feel better now and be ready to buy something with the cash. Now i'm instead hurt and don't buy more... I know the psychology of the process but knowing does not mean i can completely detach from it. But so far i'm holding onto my losses in the hope for a turn around. The NAZ has traded lower than this level but never closed much lower! If it does not bounce before the end i will lighten up some positions...

Stefan