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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (54333)1/5/2001 7:35:14 PM
From: James F. Hopkins  Read Replies (1) of 436258
 
Re > I really don't know how they do it. The stock goes up 23% in a day and the sum of the money on the downticks is significantly greater than the upticks.
They can see the where the stops loss orders are and
from time to time they take em out ( if they see enough)
Jim
Stops are highly praised by the professionals, as once
you put them in they can take credit for limiting
your loss. The truth is if you think you need stops
you shouldn't play the stock.
( use options instead )
Jim
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