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To: Jasman who wrote (223)	12/3/1998 12:59:00 AM
From: neverenough	Read Replies (1) \| Respond to of 391

Stop Order An order placed which is not at the current market price. It becomes a market order once the security touches the specified price. Buy stop orders are placed above the present market price. Sell stop orders are placed below the present market price. Stop Limit Order This is similar to a stop order. It is an order which becomes a limit order once the specified price is touched. Stop And Reverse A stop that when hit is a signal to close the current position and open an opposite position. A trader holding a long position would sell that position and then go short on the same security.