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To: R. M. Rosenthal who wrote (630)2/20/1998 8:39:00 PM
From: Kal  Read Replies (1) | Respond to of 1069
 
Which brings me to a question I once asked but never got an answer for (on another thread)...

How do MMs know about stop limit orders?
thanks



To: R. M. Rosenthal who wrote (630)2/21/1998 9:53:00 AM
From: Dale Baker  Respond to of 1069
 
In this case, a real stop at 19 1/4 would have saved the unwary a three-point bath. Especially for those of us who can't watch the tape every minute.

I have had a few stops plucked, but most have saved me a lot of money. They protect you from your own worst judgment and force you out of losing positions at a reasonable loss.

Just one opinion.