retard

When the Going Gets Tough, the Tough Play Defense

You would not have lost half your money as long as you didn't sell. If you held, you'd see gains. That's the whole point. No one knows if the bottom will be down 80% or 90% from the peak, but you buy when it's a "screaming bargain" and then you hold until the stock's price better represents its true value.


On Nov 13 06:08 PM Kunst wrote:

> After the tech bubble, Cisco stock went down 90%. If you bought
> it when it was down 80% -- a screaming bargain, right? -- you would
> have lost half your money by the bottom.