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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (11501)8/25/2000 11:54:06 AM
From: MulhollandDrive  Read Replies (3) | Respond to of 49816
 
>>in the end it is the responsiblity of the trader to verify the source of any news that is used. <<

What about mechanical stop losses that were taken out? I set my stop based on technical reasons. Using the 20% rule as my guideline to protect profit. If the stops were taken out based upon fraud, and the stock reopens higher, do I get to sue the perpetrator of the fraudulent release for damages?



To: Wes Stevens who wrote (11501)8/25/2000 11:54:14 AM
From: vagabond  Read Replies (2) | Respond to of 49816
 
Actually, they ARE now "reversing" at least a few trades -- I've been seeing the volume DROP slowly as trades of 100-200 shares are "un-posted" (those un-trades are being listed with "P" symbols on myTrack). But boy, if they plan to do that for ALL of today's trades it's gonna take a good long time...

Vagabond


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