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<CENTER><B><FONT SIZE=+4>ARGHHHH!!!</FONT></B></CENTER>
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</x-html>From ???@??? Tue Sep 01 05:17:20 1998
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From: Mike Lucero <mikelu@xxxxxxxxxxxxxxx>
To: "'metastock@xxxxxxxxxxxxx'" <metastock@xxxxxxxxxxxxx>
Subject: newbie question
Date: Mon, 31 Aug 1998 20:23:30 -0700
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After seeing William O'Neil's follow-through day buy signal, I bought
stocks last Monday, and have ridden down 17%. I had mental stops when I
bought the stocks, but I suspended them when the market crashed. (I only
watch the market near the end of the day.)
I want to know the common wisdom of whether you should you generally sell
your stocks when the market is crashing, or hold on, if you've already
suffered the crash? I was on vacation during the October 97 crash, but had
(poorly placed) hard stops and sold out during the crash. I thought I would
have been better off just holding on if I'd missed the signals to get out
early.
Thanks,
Mike
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