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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (2940)	1/20/1998 4:48:00 PM
From: Thomas M. Carroll	Read Replies (3) \| Respond to of 42834

Simple. Pick a percentage that you're willing to lose and put a stop/loss order at that price. On a stock under $20, say between 10 and 15 percent. Over $20, maybe a little less. It's arbitrary but stick with it. I have a tougher time knowing when to sell on the upswing. I bought Theragenics at about $19 and sold it at $30. It went to $53 and settled in at about $44. Everyone is saying it will go well beyond that within a year or two. One way to look at it is that I made eleven points and should be happy with that. "Bulls make money, bears make money and pigs make nothing ?"