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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (352)	9/14/1998 11:38:00 AM
From: Jay Lyons	Respond to of 43080

Thanks for the feed back. I used the later highs on the Nets. In YHOO 10:52 at 83.75, looking for 99.25 before entering AOL. Jay

To: LastShadow who wrote (352)	9/14/1998 12:10:00 PM
From: bazan	Read Replies (1) \| Respond to of 43080

ls, Used your gap strategy to buy CIEN as it took out 13 7/8 in the last hour. Now the question I have regarding a stop loss. Normally would put it at a tick below today's low 12.25. However from 14 to 12.125 is quite a substantial loss. Wht would your stop loss be set at? TIA Regards, bazan