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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: OpusX who wrote (8295)	5/2/2005 5:58:40 PM
From: rrufff	Read Replies (1) \| Respond to of 8752

Knowing how astute Vendit is, I'm sure he's saying keep a "mental" stop. I'd never use an actual stop in anything on pink, OTC BB and Nasdaq or even ASE, except possibly for stocks with huge liquidity.

To: OpusX who wrote (8295)	5/2/2005 6:20:09 PM
From: Vendit™	Respond to of 8752

I don't trade pink sheets so I wouldn't know. Many traders use mental stops if that would be the case. In the case of SPRL that is a definite top forming so getting killed or stopped out near its current selling price in my mind would be a good thing because the stock is going to be heading down in another session or two. 139.142.147.218 I am basing the trend change on the position of the indicators on the above linked chart. Welcome to the message board. Reid