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To: Ron McKinnon who wrote (16392)9/18/1998 11:43:00 PM
From: pz  Respond to of 53068
 
Chat Stops

Ron,

I have printed out your words of wisdom on stops. Over the weekend I am going to set stops on all my stocks except NASDAQ and on those I have a legal pad where I will write the stop price. As I check the NASDAQ stocks during the day, if the stop is triggered I will immediately sell....no questions asked.

Also I will set stops on my Zportfolio stocks that I sponsor. I would highly recommend that others consider placing stops on their Zportfolio stocks. The Zportfolio is a great learning tool and we would all be fools not to learn from it.

Part of my problem is that I'm an optimist and I always think a stock will come back. I guess that if I weren't an optimist I'd never drill a well.

There are such experienced people here such as Ron, Dan and others that it is a shame that we (me) don't heed their years of experience like we should. I for one have my ears open......

Would you believe I have a "stop sign" in my front yard....I live on a corner....lol.......

Thanks for your patience,

Paul