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To: freeus who wrote (916)5/22/2001 3:14:39 PM
From: im a survivor  Respond to of 13815
 
No actually....my point was that tight stops will get taken out with the volatility....In scotts instance, he had a nice profit he wanted to protect...but with the stock at $22 and change, I would have sold rather then putting in a stop at 10% less......you know how those mm's are.......tight stops rarely do not get taken out un less it's a stock on a really nice non stop run....other then that......tight stops are invitations for the mm's to get shares of stocks they want at good prices........some mm scooped up scotts shares today for $20 and has probably already sold them for a profit.........or added them to their long termer basket they will unload at higher prices.....JMHOOC