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Technology Stocks : Creative Computers(MALL)
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To: SkyDart who wrote (714)11/27/1998 2:01:00 PM
From: PAL  Read Replies (3) of 1634
 
I think the fading back at the close of MALL from 62 ish to 56 ish represented the
MM's taking advantage of panic selling, running the stop loss orders, etc , and we
should see a strong gap-up on Monday. Also alot of traders do not like to hold
over the W/E.

That is the reason we should never put a stop loss order on NASDAQ stock. MM has the tendency to scoop it and go back up. Those shares are easy prey. In essence we are telling the MM's: here guys, I am willing to sell my shares at such and such price.

Have a good weekend

Paul
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