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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (7901)4/18/1998 9:37:00 AM
From: AlienTech  Read Replies (1) | Respond to of 120523
 
>>Stop Effects<<

But when you see spikes that takes away the stops dont you think its strange? I had placed a stop on IOM @ 20 when I went on my jul vacation, Guess what, the shares were gone when I got back, It traded at that price for less than 5 mins and never went back there for over 6 months after or a month before. In the charts it shows up as that minor spike before it went to 25. Since its an NYSE stock heck if I know.
But for options, Stop prices are useless since that trades irrespective of the stock prices. They wag and wave it around so they can fill all the buyers at the highest prices and sellers at the lowest prices.