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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Tom Cat who wrote (1412)3/11/1999 5:24:00 PM
From: Brumell  Read Replies (1) of 5821
 
A friend of mine asked about Stop Loss orders.

I told him I never use them and today is a perfect reason why. They create a chain reaction. Somebody somewhere is probably cursing he got sold out for $2.32 today and will want back into the party tomorrow for whatever price but I suspect a lot higher.

Key is to try and keep a handle on what's going on. If you know there can't have been a leak because there can't BE anything to leak, you can make money on these spikes regardless if they are up or down ones. Lots of fun, TC.

Bob
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