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To: upanddown who wrote (15804)	3/22/1998 3:00:00 PM
From: PnclNk	Read Replies (1) \| Respond to of 95453

>>I agree that market and stop sells are to be avoided whenever possible. I have always wondered about the possibility of the price leapfrogging your stop limit in a fast-falling market. Has that ever happened to you ?<< If you mean, do stops have to sell AT your stop price? The answer is emphatically NO. The sale will occur at OR BELOW your stop price. I my actual experience, at market open my stocks were sold slightly below to $2 below the stop order and in each case roughly $2 below where the stock traded only a few minutes later. Unless you are not headed to a Caribbean beach somewhere without phones, simply keep a mental stop loss sell point and put the order in as a market or limit order if the stock declines into that range. Best of luck.