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Non-Tech : Datek Brokerage $9.95 a trade
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To: thecupwinner who wrote (8876)6/23/1998 8:44:00 AM
From: george lapins  Read Replies (1) of 16892
 
I have a problem with stop limit orders. On both Friday and Monday I entered a sell stop limit for Infoseek. The stock was trading at 33.25 or higher. I put a limit price of 33 1/8 with a stop limit of 33. Both times the stock traded at those prices and went much lower without the sell happening. On Friday I even recieved an Email saying the stop was being activated. It wasn't. Luckily for me both times the stock recovered and closed above the limit.

Did I do something wrong in entering the prices?

Thanks,

George
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