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To: Don Morris who wrote (24099)10/12/1999 10:16:00 AM
From: Trio  Respond to of 27722
 
Yep. Stop losses CAN be your friend, but on the NAZ they can also be exploited. Last year, twice I set stop losses a point below the ask on a NAZ company and was taken out both times. In my case it was at or very near the low, hmmmm, of the day. Our Attorney to be friend did well yesterday, but he could just as easily have returned from class to find himself taken out and the stock at 17. In hindsight he looks real smart and my hats off to him for capturing his profit.

Regards
Neal