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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?

To: JP who wrote (6623)	11/12/1998 10:46:00 AM
From: Buckey	Respond to of 7966

One exnetsion to the sell half rule is if you hit it as the stock is continuing to go up simply put in a stop loss order and trail it behind the stock on the way up. Example: I bought 2000 shares of ACA at $1.00 - it hit $2.00 I put in a stop loss for 1k at 1.80 - Now I have it in at $2.00. I have not sold it yet but am guarenteed to sell half on the double. If it goes to $3 I change the stop loss to maybe $2.50. The above is merely an example where you can still basically obey the sell half on a double but may be able to take advantge of a rising stock