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Stubbornly holding onto your losses when they are very small and reasonable.
Most investors could get out cheaply, but because they are human, their emotions take over. You don’t want to take a loss, so you wait and you hope, until your loss gets...
The NASDAQ plunged 3.9%, the NYSE 3.2%, the S&P 500 3.1% and the Dow 2.6%.
Volume erupted more than 70% on the NYSE and more than 50% on the Nasdaq. This leaved no doubt the professionals were running for the sidelines.
The S&P 500 and the Nasdaq...
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