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Strategies & Market Trends : You buy a stock. It goes down, now what? -- Ignore unavailable to you. Want to Upgrade?

To: Bald Eagle who wrote (94)	7/23/1998 10:21:00 PM
From: Investor2	Read Replies (1) \| Respond to of 112

Re: "Any suggestions on what to do with my ADPT money?" 1. Determine your desired financial asset allocation (bonds-stocks-cash). 2. Calculate your existing asset allocation. 3. Invest the proceeds from the ADPT sale in the asset class needed to reach your desired asset allocation. Re: "However, through selling covered calls I had reduced my basis to 17 and change. So instead of a 50% loss, I took less than a 30% loss." Your strategy of covered calls certainly helped, but did it help enough? I'm guessing that when you started this thread, you were searching for a method which would prevent losses of 30%. Several ideas were offered in response to your initial question. Have you reached a conclusion on which idea is better for you? If you buy another stock with the ADPT sale proceeds, which method will you take? Best wishes, I2