Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 26 9:30 AM EST

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To: Jon Tara who wrote (5166)	10/28/1997 5:06:00 PM
From: taxikid	Read Replies (1) of 13925

i knew you were gonna say that- you can only do one way - not stop loss @5 or sell @6 so if your stock goes to $6 1/4 intraday then back to say $5 your stop is triggered and what would have been a gain will now be a loss. the exception is if you have the buying power for both trades- and if the stock goes to 4 31/32 your stop loss is triggered- then if the stock flies to seven you have sold again{this time short} at $6 taking a loss both ways.plus wasting your buying pwr taxi

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