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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: R Stevens who wrote (5063)7/23/1998 8:31:00 PM
From: wizzards wine  Read Replies (2) | Respond to of 34811
 
Hello R Stevens, Tight stops DO NOT always work... Sometimes they are BLOWN RIGHT THROUGH!!!! If you're counting on a stop to save you, I hope you have a LIFEBOAT>>>> handy......

Later

Preston

ps Stops work in a normal market where the issue is moving rather slowly...If it tanks and you have a stop in place, you just bought the bottom, more than likely...

JMHE (just my humble experiance)

Preston