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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka -- Ignore unavailable to you. Want to Upgrade?


To: ed doell who wrote (430)4/5/1998 2:56:00 PM
From: Baudwalker  Respond to of 1242
 
Ed,

Thanks for the response. The points you make are absolutely correct and I appreciate your informed advice.

It is now clear that my choice of the words "trailing stops" was misleading and I hope my post doesn't cause others to fall prey to the mm manipulation you warn of.

The stops I refer to are not placed in the market as advanced sell stop orders, but rather trip points on a local system which trigger the placement of sell orders in real-time when predetermined conditions are met.

Even so, for a scenario such as DVNTF, I will try to keep the stops well outside anticipated play including mm shenanigans.

Thanks again for your input which is wise counsel for everyone. In fact, I think I'll go back and double check those DVNTF trip point settings!

In the meantime, I still hear it...

tick.. tick... !!!