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Strategies & Market Trends : The Great B.K. Game

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To: Death Sphincter who wrote (1144)	9/28/1998 4:12:00 PM
From: set	Read Replies (2) of 1188

well - as soon as the first is executed you're already short, so why would want to short again at a lower price? Maybe it's not clear. a 'stop short@whatever' order initiates a short. generally, any stop or limit order replaces the existing one if it has not already been executed. At this point, if elect to keep that second stop short in place, it will take you flat, and then short at that price if the index gets down there. Had you posted in time, there would be a stop short at 1042 order, and you would not be short at 1047 now. Is this making any sense? Shahar

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