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To: RWS who wrote (61352)3/3/2000 8:55:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
I have seen the stops run before almost all the rallies I have seen. Last Friday comes to mind offhand. Also, all my stocks had their stops run at least once during this rally.

Mental stops work much better. Write down your sell prices on paper so you can't change them. Then decide when the stocks get there whether the stops are being run or not.



To: RWS who wrote (61352)3/3/2000 11:31:00 AM
From: Roebear  Read Replies (1) | Respond to of 95453
 
RWS,
RE:I once saw a stop aptly described as hanging fruit waiting for the market maker to pluck.
Well said!
I used to have a chart on the wall (5 years ago) showing where a NYSE blue chip came down one half point just to pick up my measely 200 shares and then bounce back up never to return to that price that day. Had I known more then, I would have filed a complaint.
Mental stops for me, plus that way they can't see what I'm thinking,ggg, unless I go on vacation.

PS, I did alright at the broker, simple typo they said and they will correct it today. I'll believe it when I see the shares safely back in the account.
Bought some more UPR around ten to replace what I sold high tens yesterday.

My guess is OSX won't retrace lower than 98-100, anyone else want to stick their neck out?

Best Regards,

Roebear