murray t turtle
Registered: Dec 2001
Posts: 6268 |
02-06-12 10:20 PM
Quote from spindr0:/Bw-sky
You're absolutely right... infinite loss is a scary thing. I'd be far more fearful of 100 short shares of AAPL going from 450 to INFINITY than 100 long shares going from 450 to ZERO.
BTW, can you name any stocks that have gone to infinity ??
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Good points.
And plenty of those that; went ''skyhigh''[l100%,200%,300%,400%,500%]...;
were tek stocks,
tek stocks in a bull market,
tek stocks with strong earnings,
tek stocks that had no earnings.LOL Alan Farley's Swing Trader book is full of them,Tek stocks that trend sky high.AAPL,MSFT,Exodus Communication...
Good thing about cutting a loss/ paying an insurance claim;
some get to stay in business that way.
Accidents dont ''just happen''; they are caused;
my insurance co always notes my age, crash history/ claim history, {debt level believe it or not}...Hope this helps.Wisdom is profitable to direct
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