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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Dusty who wrote (3854)6/16/1998 6:29:00 PM
From: Kurt N  Read Replies (1) | Respond to of 4142
 
>>If not there is only a paper loss thus far.<<

I don't buy into that euphuism that it's only a paper loss until you sell. Any decrease in portfolio equity is a loss, period. It might be conforting to know that it is on paper, but a loss is a loss.

Suppose that you were required to liquidate your portfolio (for some reason) today, the value (with the exception of what I bought today) of my MIDLP is down ~50%.

Kurt



To: Dusty who wrote (3854)6/16/1998 6:38:00 PM
From: Ga Bard  Respond to of 4142
 
That is true... I am just tired and I know people in worse shape than I am ... I am not selling ...

GB