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Technology Stocks : Helix Technology, a cold play on semiconductor equipment -- Ignore unavailable to you. Want to Upgrade?


To: Steven Dopp who wrote (735)12/17/1999 10:21:00 AM
From: John Finley  Read Replies (1) | Respond to of 1227
 
Nothing wrong with stops when you're sitting on a big gain.

I've heard of a couple risks but I've never had a problem with them personally.

Risk #1) During a big tank with no buyers you can sell substantially below the stop.

Risk 2#) The big guys can manipulate the price down to hit the stops and buy a stock they want cheaper. (Blowing out the stops)

JF



To: Steven Dopp who wrote (735)12/17/1999 6:15:00 PM
From: Laserguy  Read Replies (2) | Respond to of 1227
 
I've been burned badly with stop loss orders.

I strongly suggest you place MENTAL STOPS and execute the sell as a normal trade.

I have personally experienced being "automatically sold out" SIGNIFICANTLY BELOW my stop limit trigger, via "manipulated" (my opinion-could never prove) down tick action, which turned out to be an intraday anomaly?? BEWARE!!