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To: Glenn D. Rudolph who wrote (147472)9/15/2002 12:25:29 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
My dumbest Investment. Yup, I've got some too. If I had put a stop loss on SunW after I last bought it I wouldn't be flipping burgers at McDucks today. Quack! <gg>
>>My Dumbest Investment

Stop!

First, I put $5,000 into a brokerage account to play with, reading some books and making and losing a little money until I thought I was ready. Then I borrowed (borrowed, mind you) $35,000 and started playing the market. I learned early on to use "stop-loss" orders (which automatically sell at set prices). On a Friday afternoon, one holding's stock price fell, the stop kicked in, and all my shares were sold. Monday morning, the stock popped up about 80 percent because of a buyout offer. I felt I lost out on a lot of dough because of the stop order. Therefore, my next investment did not include a stop. It was eToys, which went bankrupt. I'm broke. From now on, I will use stops.

– D.R., via e-mail

The Fool Responds: Think of buying stocks as serious (though sometimes fun) business, not "playing." Stop-loss orders have their advantages and disadvantages, as you learned. They can bump you out of a holding that has just slumped temporarily, but they can keep you from losing your shirt on a stock, too. .

Care to share an embarrassing lesson learned the hard way – or a clever move that saved or earned you money? Boil it down to 100 or so words and e-mail it to Fool@Fool.com. If we print your dumbest or smartest investment, you'll win a prize.<<



To: Glenn D. Rudolph who wrote (147472)12/3/2002 6:53:36 PM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
>> I also believe a lot of the Lawyers are Jewish. I really do not know what that means <<

it explains why the public has such a low-opinion of lawyers. there is always some blood-sucking jew working at the aclu trying to undermine morality in this country. of course you know that the jew felix frankfurter was one of the founding members of the aclu, along with a number of other pinko commies. he was also appointed as a justice to the supreme court by that commie-bastard franklin roosevelt.

ok, next lesson. frank is a jewish name.

for example:

the diary of anne frank.
barney frank, the self-acknowledged homo-jew congressman from massachusetts.
max frankel, executive editor at the ny times.
al franken, the coke-bottle glasses wearing jewish comic who loves to poke fun at rush limbaugh. author of the book rush limbaugh is a big fat idiot.
the franks are a prominent jewish family from philadelphia and have quite a brutal history with the indian natives.

of course the current president and national director of the aclu nadine strossen is jewish and the executive director before her, ira glasser is jewish as well. to give you an idea of the kind of subversive anti-christ filth we are dealing with here, understand that ms strossen is author of a book called, "defending pornography".