Not so. I do extensive reading and there is lots of anecdotal evidence that people are getting hurt frequently by this same kind of action. But for such a huge number of hits at one time, it may be once-in-a-generation.
----- Original Message ----- From: "Publius Maximus" <[email protected]> To: "ProFox Email List" <[email protected]> Sent: Friday, May 07, 2010 12:52 PM Subject: Re: [OT] Wall Street Meltown >I agree with you... always lock gains, never losses. Neither are > actually realized until the sell transaction. > > To be fair, a catastrophic failure of stop-loss controls of this > magnitude is a once-in-a-generation event. Under ordinary > circumstances, they work OK, but I still think locking gains makes > more sense. > > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/4ed792653c8d4a4d91bb9be6177b0...@dual ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
