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KCMW

02/06/06 10:48 PM

#50944 RE: roni #50942

roni - Stop-loss orders can save you money

Certainly, but I'm always concerned that for every time they save you from taking a huge loss, there might be X times where you just get sold out on volatility, and the stock moves back up - leaving you behind at a loss.

So, depending on X, and conditions, they might save you or hurt you, I think. And I'm not knocking it - if you are comfortable with it and feel it has served you well, good for you.

It is probably another one of those things that could be studied to death, but the next time, everything is different, and the old rules don't apply.

All I know is, we have a long way to go to hit any cash value support!

-KCMW
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Bootz

02/06/06 11:33 PM

#50951 RE: roni #50942

Stop-loss orders can save you money.

No doubt. But if I'd had one on REDF at a logical 15, I'd've been taken out at 13 and missed the run up to $28.

Everything's contingent.

Just the way it is.