Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: BDR who wrote (1936)	1/30/1998 1:06:00 AM
From: Dale Baker	Read Replies (2) of 18691

You need an account sonewhere like E*Trade which does allow NASDAQ stops. Some people don't like fixed stops because the MM's can trip them then move the price away. However, I stopped out of YHOO and protected a four-point profit which would have dwindled to two points while I was having dinner and watching TV instead of the market (funny how my wife insists I take a few hours off each night). If you can't follow the action yourself, get an account that can. Mark, please look at the Stochastics on SEBL and IAIC. SEBL pegged the meter at 100 yesterday and IAIC looks like it's ready to punch down. Shorted both too early the other day. But a good market pullback should knock a few points out of both. What do you think?

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