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To: freeus who wrote (68489)10/1/1998 12:44:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
Freeus, do I think tomorrow will be a bad one? I'll let you know tomorrow night!

Please, whatever happens, stay away from your brokerage account. Remember what happened the last time we hit a downdraft. Learn from that experience.

I used to coach a chess club, and I used to advise my more impetuous players to sit on their hands. That advice might be good for you.

TTFN,
CTC



To: freeus who wrote (68489)10/1/1998 12:59:00 AM
From: Jim Bautch  Read Replies (1) | Respond to of 176387
 
Freeus,

It would be much easier and a lot less stressful to just use a stop. If it triggers, you sell it and could buy is back in a few weeks/months when there is less risk (and most likely at a much lower price). Or just use a stop and buy it back if the market starts acting a little more consistent. If I recall correctly, you sold near the bottom of the last sell off (correct me if I am wrong). If you had just used a trailing stop you could have been buying is back at the end of that day at a much lower price, instead of selling it at the much lower price. Anyway, I'm sure you already know all this, so I'll shut up. Good luck!!

Jim