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Pastimes : Home on the range where the buffalo roam

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To: DOUG H who wrote (4162)8/25/2000 12:43:32 PM
From: McNabb Brothers  Read Replies (2) of 13572
 
I do not use stops! Let me ask you a question, if you were selling your house and say someone offered you $20,000 less than your asking price of $100,000 would you sell it? If you would have had a stop on your house then you would have had too!

Stops used in this EMLX situation were more than likely filled much much below their stop prices anyway which makes stops almost unless IMO!

Hank
P.S.-If I'm going to be gone for sometime I will use sell stops, but I will not put in a sell stop on a stock.
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