Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (66327)	9/20/1998 8:30:00 PM
From: Jorge	Respond to of 176387

Dr. Dave, ...I don't see a major meltdown happening on Monday, but sure as shootin' if you put a stop loss in there (especially a couple points down) some Market Maker will sell off enough stock to be able to go down there and pick up your shares cheaper, then the Market could go up.... You'd have to weigh it out with tax consequences and your belief that Market/stock may have substantial downside, in one day (Monday), otherwise you could assess it on Mon. eve. or Tue. morning as what to do..... ...I don't know, nor does anybody else, how the Market is going to do over the next few weeks/months, but if you really thought it was going substantially lower, a stop-loss order would get you out with better gains,,,,BUT, if Market does not go lower, or much, or for long, you could have to buy your shares back at a higher price, plus pay taxes on the gains.....So, who knows. ...I posted a fairly decent article to Ken Miller, from Reuters today, that gives a fairly objective view of where we're at, and where we could be going...There are some plans on the table, in the world setting, and the watchful eye of the Fed, that could prove to be the beginnings of recovery..Too soon to tell. Regards, George