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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (1020)	5/11/1998 10:50:00 PM
From: G.F.	Respond to of 2120

Steve, the situation you just described is one of many problems that could be solved with the right trading software. One that would allow you to set stops that would not be sent out from your computer until the criteria had been met (among other things), unfortunately I don't know if it exists. Maybe some industrious trader/software engineer is out there working on it now. GF

To: steve goldman who wrote (1020)	5/15/1998 9:03:00 PM
From: Melissa McAuliffe	Read Replies (2) \| Respond to of 2120

Steve, With respect to being short if the second sell executes....I use DLJ Direct currently. I know that I cannot sell something that isn't in my account unless I enter it as a short sale when I set the limits initially. Thus, I believe maybe it depends on which firm you are using. So in this particular case(at least the way I understand it), I couldn't end up short a stock I didn't want to short in the first place. Does that make sense to you? Melissa