morning traders 3 / 07, page-127

NSB. That is the common zero sum game rationalisation. ie; SP went down and then went back up. I held therefore I didn't lose anything.

However, if you look at it that you couda sold yest at 42c regardless of purchase price and bought back at 36c today then that's 50% of the total price action right there. And sold at 41c again. 11c spread. Different story.