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Technology Stocks : Compaq

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To: James F. Hopkins who wrote (22851)3/21/1998 7:51:00 PM
From: Mike Gordon  Read Replies (1) of 97611
 
< Stop loses are a mark of a sucker, and brokers know that too. >

Jim: Stop losses are also a great source of information for brokers who can accumulate to find out where the breaking points are. Employing a stop loss is like revealing you hand during a poker game. If I'm a large broker, it seems all I have to do is find out where the most stop loss points are to determine when sell orders will be at a peak. Then it's time to establish a short position. (JMHO)

Mike
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