Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (12043)	4/10/2000 9:53:00 PM
From: mrs goldberg	Read Replies (3) \| Respond to of 35685

In this corner sporting the white trunks with the blue trim is Poet BoomBoom and in the three pair of Victoria's Secret panties is JW Flu Flu, NOW LEEEEEETS GET READY TO RUUUUUUUUUUUUUUUUUUUMBLEEEEEE!!!!!! I GOT YOUR COONAZ AND THE MONKEYS!!

To: Poet who wrote (12043)	4/10/2000 10:15:00 PM
From: Dealer	Read Replies (1) \| Respond to of 35685

Poet! <<Come on, now. Don't turn this into a personal thing please.>> When you tell JW that. That is like.... B. Rabbit saying: "Please! Don't throw me in the briar patch." dealer

To: Poet who wrote (12043)	4/10/2000 10:43:00 PM
From: Percival 917	Read Replies (2) \| Respond to of 35685

Evening Poet, I would like to put forth that stops are not always a good thing. Take for instance last Tuesday when we had the 500 point swing. A lot of people subscribe to the idea to set a stop loss at 8 to 10% below their current price. The problem I have is that when we have a sell off like we did there is no way you will have your stop filled at the amount you set it at. It triggers the sell, yes, but by the time it actually sells it could be well below your actual posted stop. Then when the market rebounds you loss is compounded by now having to buy back at a much higher price. A stock is at say, 80. You have a stop order at 72 and then the market tanks and that stock ultimately bottoms out at 45 to 50. When the stop order is triggered it may well be 60, 55 or less if it drops rapidly enough before it's executed. Then on the rebound you get nailed again. I had this happen to a friend of mine. Just sticking my 2 cents in, Joel