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To: Paul Merriwether who wrote (6469)6/17/1998 6:10:00 PM
From: J.S.  Read Replies (2) | Respond to of 164684
 
Paul,

Do you actually put in stop buy orders? Many have of course
speculated that a market maker or well connected market player
can see these stop buy orders like ducks in a row and safely
bid the stock way up with a knowledge that there are ready buyers
above.

Joe



To: Paul Merriwether who wrote (6469)6/17/1998 6:38:00 PM
From: Paul Merriwether  Respond to of 164684
 
Message 4825279



To: Paul Merriwether who wrote (6469)6/18/1998 6:19:00 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
I do 10% stop losses pretty robotically, and the only case where
I didn't was aol, where i stopped at a 20% loss(and have been
kicking myself for my "conviction" ever since).

I guess discipline is the bane of trading. I am working on improving mine; but its easier said than done. Losing money (even via stop losses) is *always* painful...

--Olu E.


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