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Non-Tech : E4L, Inc. (NYSE: ETV)

ETV 13.93

-0.4%

Nov 19 4:00 PM EST

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To: Ashley800 who wrote (796)	12/9/1998 7:03:00 PM
From: TraderGreg	Read Replies (1) of 1080

The Armani suits of the NYSE turn their noses on the NASDAQ But the fact of the matter is they ain't any better. Market makers or specialists, call them what you want, when they see a bunch of stops they will stoop down(after all, they're already in the gutter) and pick those shares up. I never use actual stops. The above is one reason; the other is, in a tanking market, your stop may get filled well below it's posted level. Mental stops that trigger an action work better. TG

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