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To: Robert who wrote (225)8/18/1999 9:50:00 PM
From: New Economy   of 989
 
Just hope you folks know how to place stop losses and lock in your profits. If you do not know how to place an "On-Stop Sell" call your broker instead of doing it on-line for the first time...it will be worth the double in commision. Alternatively, after 11:00 AM once the MOMO is gone place a stop loss at a level you feel comfortable with it being executed.
Here are some examples of where a stop loss would have saved investors over 15% losses in a given day.

Date Open Hi Lo Close Chg Vol #Tr
Jul 20 1999 26.188 26.188 21.875 22.563 -3.625 933100 1185
Jul 19 1999 26.375 26.688 25.875 26.188 +.438 623600 558
Aug 4 1999 21.500 21.750 18.000 18.000 -3.563 890100 1331
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