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Non-Tech : Preferred Capital Markets - Attitude Online Trading
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To: stumpy who wrote (28)3/18/1999 11:43:00 AM
From: bob wallace  Read Replies (1) of 49
 
stumpy

good point on that stop thing -- while I do use stops sometimes, I hate to, because I believe that everyone runs them, specialists and market makers alike. also they frequently get executed on "wooshes" [ie extremely rapid price movement] and usually you get get a better exit if you wait a few minutes [this is absolutely true BTW, but getting yourself to wait those few minutes is pretty hard sometimes]

anyway keep me posted - it might take me a bit to unwind freedom, I think I am probably one of the few people in the US looking for a sizeable decline in the dow <G>
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