From: "Gary Britt" 

I'm willing to risk an Enron, since they are so rare.  Getting out at 52
would be a lot better than the people I knew who were former employees and
had to ride it all the way down to effectively 0.

Gary

"Bill Lucy"  wrote in message
news:MPG.1e0d55cdfe9ced83989796{at}news.barkto.com...
> In article , email{at}from_Gary_Britt.org says...
> > For me I don't want to sit in front of my computer all day
> > watching my stock values because I don't have a protective stop loss in
> > place.  If you set the triggers properly they will only protect you.
>
> There are other ways to protect yourself which are more efficient and
> less risky than a stop-loss order.
>
> By itself, a stop-loss won't protect an individual investor in an Enron
> or Worldcom scenario (large single-day losses). Institutional investors
> will get priority, and that stop-loss at 64 will turn into selling your
> shares at 52.
>

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