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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: jkb who wrote (5188)	11/19/1997 2:06:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 9124

I thought someone should reiterate the #1 rule of investing: Never invest more than you can afford to lose. Besides, it was simply too astonishing to go without comment. Why would anyone bet 1/4 million borrowed dollars on a one day trade? Particularly without the guidance of a proven trader? Why didn't he set a tighter stop loss order of say 5/8 pt, rather than let the loss grow to 3-1/2? The biggest reason I came off so harsh is because Richard said "that's the stock market", as if he was simply an innocent victim. As I said, I am sorry for his loss, but his actions were incredibly foolish. DK