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To: Annette who wrote (2992)	12/24/1998 8:46:00 PM
From: Kelvin Taylor	Read Replies (1) of 27722

Annette, <<I don't understand the stop sell limit...is that when you say sell@61 or above?>> A stop-limit order a two price type order. The stop price is the trigger point at which you want to sell your shares. If you want a limit price at which you wish to sell, then the order will only be executed when that stop is reached and only if the price is at or above the limit is set. Many folks think placing just a stop order is a safe way to protect their profit. The problem with this strategy is if the stock hits the stop price, then the order will be executed at the next available price. That may be far lower than the stop price and no where near what you want to get for the stock. A limit takes some of the risk out of a rapidly falling price. Remember market orders are unknown until after the fact. ;o) Kelvin

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