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Technology Stocks : Lycos
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To: NucTrader who wrote (777)7/27/1998 11:58:00 PM
From: grasshopper  Read Replies (1) of 2439
 
Nuc Trader,

You are absolutely CORRECT about MM's STEALING your shares
on STOP orders. Those bast ds took me for SIX figures!!!

Don't put in any stops on a stock you really want to keep.

On the other hand, after having a real BAD tatse for stop orders,
in didn't occurr to me to enter daily stops on my AMZN options, and
instead of selling for a profit, I COULD HAVE made 20x the profit instead of selling out TOO SOON for only 5x the profit. :(

In short (no pun intended), don't place stops unless youi are ready
to sell.

I'm back in on this LCOS roller coaster for the rest of the summer.

grasshopper
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