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Re: osprey post# 437526

Tuesday, 11/15/2005 12:30:55 PM

Tuesday, November 15, 2005 12:30:55 PM

Post# of 704048
Hello osprey: PMFJI. There are times when stop losses can be very painful. For instance, I held LUV *forever* and kept a stop loss at 10% below market. Then came 911 and when the market reopened, the stop loss hit and my long-time position was sold 2 cents above the day low. Of course, it recovered very nicely -- without me.

Bob McP

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