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Old 05-07-2010, 01:23 PM   #74
macker
First Line Centre
 
Join Date: Apr 2007
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Quote:
Originally Posted by bomber317 View Post
Stop losses would have killed you yesterday. Unless the exchanges are reversing the trades that happen during the "error".

Just to clarify, I'm a proponent of stop losses if you're not constantly watching over the markets (which a long term investor shouldn't be looking at them all the time).


I had a bunch go off on Wednesday so I got lucky. I know what you are saying though with the gapping down...Stop limits won't help either....Puts are your best protection in that type of situation.....
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