VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (58392)	6/11/2003 4:16:13 PM
From: Dealer	Read Replies (2) of 65232

Hi RR! Well they got me today on my stop. I saw them do it on QCOM in the last few minutes of trading in 1999. I bought at 7.59 when the stock got to 7.98 I put in a 5% stop at 7.53 Within 10 minutes, and 15 minutes til close they stopped me out Orders were going through at 7.61 I put in a buy at 7.62......No deal I put in Market order and got it back at at 7.70 Within a few minutes it was back to 7.98.....5% move up and down in a couple of minutes.......:-( CROOKS!!! Perhaps these stops won't work on fast moving, low float stocks........they will just go down and pick them up. dealie

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