Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Kip518 who wrote (20505)	9/21/1998 8:03:00 AM
From: robnhood	Read Replies (1) \| Respond to of 50167

It's those damn MM's and specialists...<gggg> What does anyone expect,,, would anyone here in their position hold the market up so people who suddenly had a change of heart could leave through the front door... Geesh.... russell

To: Kip518 who wrote (20505)	9/21/1998 9:11:00 PM
From: ED_L	Respond to of 50167

Ref. Have to put on stops with every trade in this sort of market. You identified some very good reasons for not having stops. I am reminded of two occurrences in last year. (1) I owned VVUS at 40 and sold at $9 - (one reason for having a stop). (2) Got stopped out of AA and PVT - good stocks which are now much higher - (reasons for not placing stops). I think they can/should be used when (1) you have a good profit and (2) you place the stops significantly below lower trading range say 12%.