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To: skinowski who wrote (126920)	12/11/2005 10:49:45 PM
From: Henry J Costanzo	Read Replies (2) \| Respond to of 209892

<<....and a hard stop....>> SNS, I think I've noticed your frequent use of those words.."hard stop"...in a way indicating a high degree of confidence that a stop will in fact be executed at the stop loss price you have decided upon and entered..... Based on my experience with stop loss executions, I find it difficult... to say the least..... to generate any such degree of confidence.... To put it more bluntly.......have always kinda felt my stop loss orders were taken by the specialists (and MMs) as a license to steal.....LOL