Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (1938)	1/30/1998 6:41:00 PM
From: BDR	Read Replies (2) of 18691

Re: Stops <<Some people don't like fixed stops because the MM's can trip them then move the price away. >> Understood. I would just like to "stalk" a profitable position with a stop not too close but which might leave me some profit in the event of a major reversal of direction. <<You need an account sonewhere like E*Trade which does allow NASDAQ stops. >> Interesting how some rules that are set in stone with one brokerage can be changed elsewhere. For example, I just confirmed that at Discover marginable securities can be held in the margin account at any price above or equal to 4 1/8. Everywhere else it seems the lower limit is 5.

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