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To: BARRY ALLEN who wrote (1726)12/8/1998 8:51:00 AM
From: Howard Glynn  Read Replies (3) | Respond to of 27722
 
How to sell...

Can anyone clarify this for me (pref. before 9:30! :-)

What would happen if I set a stop limit order ABOVE yesterdays
close, e.g. at a price of 15 with a stop limit of 14, right now.

Say the stock gaps up to 17 (purely example, there is nothing
scientific behind this, but one lives in hope) - in the process of gapping up, would that trigger the sell, or will the gap effectively 'jump' the order? - obviously any fall back to 15 will trigger the
sell.

On a related note, if alternatively I set a market order sell at
the open, am I likely to get a poor price anywhere between the close
and the open or will I get the actual open price (give or take a
few cents)

I don't mind the risk of the gap and what might happen afterwards,
but I need to protect a degree of profit this AM.

I can't be at my screen until late morning =:-O - nightmare!
If NAVR goes beyond the stop limit order I can make a call then
to sell or not. FWIW, I'm with Datek (have some pit

Decisions, decisions.... :-)

- HG