Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: chartseer who wrote (459)	7/19/1999 4:49:00 PM
From: Colin Cody	Read Replies (1) of 492

chartseer, impossible?!!! nothing's impossible. Wasn't it just three months ago that there was a big todo over FRONT-RUNNING on the NYSE... was going on for YEARS before this ONE cadre of good old boys was caught. That aside, please offer an explanation for this TYPICAL occurrence: A stop loss is on the books at $62 while the stock is $65 or so. Suddenly when the stock is quiet as all heck, the price ticks down 1/2 point a trade, 100 share trades to $62. Your 1,000 shares are taken and the stock pops right back up to $65 and then sometimes even goes higher. Colin

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