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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Linda Kaplan who wrote (3919)1/29/1998 8:22:00 AM
From: Steve Nelson  Read Replies (2) of 18928
 
I place my stop orders where AIM tells me to. I had a stop order for ATSI set at 6 1/8. I placed it on 1/5/98 Good Till Canceled. Yesterday, while I was at work, Schwab executed my sell order. When I came home, I had 100 fewer ATSI shares and $600 more cash. I set my buy/sell stops on Sundays for the coming week. It keeps me honest. Otherwise I would be second guessing the market and not pull the trigger when AIM tells me to. If I didn't use stops, by the time I would get around to pulling the trigger I would shot myself in the foot.

SteveN
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