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Re: awk post# 131340

Tuesday, 10/24/2006 12:54:47 PM

Tuesday, October 24, 2006 12:54:47 PM

Post# of 252527
awk, it's funny you mention that. Did you know that 80% of a stock is traded at breakeven?

Let's say you buy a $10.00 stock. It goes down to $5.00. Most will sell when it gets back to $10.00, happy to get their money back.

If the stock goes to $15.00, everyone holds on and then when it slide back to $10.00 they sell so as not to lose any money.

80% of a stock is sold with no gain and no profit. That's the way of the market for the average investor.

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