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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Ginko who wrote (9008)11/11/1997 11:11:00 AM
From: Steven Angelil  Read Replies (1) | Respond to of 25960
 
Thomas,

Most brokerage houses will accept your stop loss order on Nasdaq stocks. Some won't however. When a stock is falling like this, I think stops are the worst thing you can do. THey will be looking for stops to get cheap shares. They probably did that this am when the bid went to 19 5/8. They got all the stops that people had in in case the stock dropped below 20, a major psychological barrier.

Steve

rt 20 7/16 x 20 9/16