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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Nazbuster who wrote (1641)	11/29/1998 7:14:00 PM
From: Jane4IceCream	Respond to of 90042

Good Question. Have to defer that to somebody else. Mrs. Cleaver

To: Nazbuster who wrote (1641)	11/29/1998 7:35:00 PM
From: Mongo2116	Respond to of 90042

If you had a stock that gapped under your STOP and continued tanking the rest of the day, would you be upset that your broker did not execute? Me thinks it would trigger the STOP eh?

To: Nazbuster who wrote (1641)	11/29/1998 8:42:00 PM
From: Parnell	Respond to of 90042

The answer is yes for a stop order, and no for a stop limit order. With a stop order the first opportunity to sell your stock at or under your price is what you get. With a stop limit you only get sold at your price, and if your price gets jumped so do you. This is my understanding of the way it works. Parnell

To: Nazbuster who wrote (1641)	11/29/1998 10:01:00 PM
From: LoanCat	Respond to of 90042

Looks like it went over her(his) head!