Penny-Wise, Pound-Foolish ( cautious with small amounts of money, but careless with larger amounts ... )
People hold stocks with 50% loss and sell stock with 5% gain.
You have to break the habit if you truly want to make money.
Which stocks are down 50%?
How about solars and VMW?
Math question -- if you have 50% loss in a postion, how much gain do you need to break even.
Wednesday, March 26, 2008
Penny-Wise, Pound-Foolish
Posted by Unknown at 7:42 PM