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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: funk who wrote (858)	11/8/1997 12:01:00 PM
From: steve goldman	Read Replies (1) of 12617

Stop Orders....There are two type of stop orders, stop and stop limit. A plain stop order becomes a market order when it hits your number. ir. if you give an order to sell intc with 70 stop, it is a market sell order when the stock prints for the first time down to 70. If they halt the stock and open it at 55, the firm works the order as a market order at 55. A stop limit places a limit on your stop. You go sell 500 intc with 70 stop 65 limit. means sell the stock when it hits 70 but no lower than 65. Regards, steve@yamner.com

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