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To: Iceberg who wrote (17536)11/28/1998 12:26:00 PM
From: Ron McKinnon  Respond to of 53068
 
very difficult to answer without writing a book

short version

for a day trade just looking for a reversal off a bottom, a runner to catch a piece, or a break up over some resistance level

for a short position trade
usually a buy stop to catch a trend change
or, a buy stop just above short term resistance

for a hold, usually a fundamentally strong stock that has based out