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Re: [sharechat] stop-losses


From: "Osbert Sun" <osbert.sun@xtra.co.nz>
Date: Tue, 29 Feb 2000 21:50:15 +1300


NK wrote:
> Yeah but ever heard of opportunity cost?
> Makes sense to get out and put your hard earned $$$ into something that
> is winning.  You can sit as long as you want in a share and watch the
> ADV's of this world escape you.  Or you can pull out, save not only
> future paper loss but in fact gain on a better share.  Don't you think?

Unfortunately in the past everytime I tried to pull out a "loser" and
reinvest in a "winner", Murphies law struck Fortunately all the stocks in my
portfolio have now seen the bottom and are on the way up.

Regards,
Osbert Sun


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