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Technology Stocks : Cymer (CYMI)

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To: TelecosmFan who wrote (9092)11/11/1997 8:54:00 PM
From: WaveSeeker  Read Replies (2) of 25960
 
>In a case where a stop is placed at say 18. Would the market maker just drop the price momentarily only to buy the stock at a much lower price?

Absolutely, either the even number (18) is defended because of the bids at that level, or the price plummets through. I recommend a stop at 17 7/8 - when the bids get hit at an even number, the price usually rushes through to the downside.

- Mark
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