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To: Stoctrash who wrote (2040)	5/30/2000 4:21:00 PM
From: MulhollandDrive	Respond to of 13572

Yeah Fred, should be a good indicator of why they call that overhead stuff RESISTANCE. <gg> And an important point about preserving profits. When you have fewer dollars to reinvest, it takes a bigger gain to get back what was lost. My son's stock portfolio would have been even worse than mine had he not sold. He was sitting on a "triple" early in March, when he finally sold he had "doubled", now those same stocks would be worth about half again. In other words right back to even, as it stands, he doubled his investment in less than 9 months, and he has MUCH MORE cash to reinvest once the market stabilizes. He's still lamenting over his "lost money" though and plans to use tighter stops in the future. bp bp