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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (86711)1/17/2000 8:51:00 AM
From: Captain Jack  Read Replies (1) of 90042
 
Glenn-- as I have a day job and only get 15 min delay through the company firewall I use a full service broker. I will put in a "rolling stop" with him. I may tell him a 29 stop on CS Tues while it is at 29 1/2. If it moves up so does my stop. I know the first 1/2 point drop will see the stock sold... However the only thing keeping me from any stop early is the probability of a buyout soon. It will be closely watched but 38 looks better than 30 ,,,, 30 would not even be a double from my 16 1/2 avg...LOL!!
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