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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: gbr who wrote (2556)1/7/1999 3:04:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
gbr,

Cheers. On SKYM, I watched it settle at its opening gap for the first 15 minutes (16.75), then suddenly skyrocket on huge demand. I put in a buy stop at what I thought was a reasonable stop above near-term resistance. Pristine Lite, where I got the tip, recommended 3/8+, but I just wanted to make sure I got in at a reasonable level, anticipating slippage.

It worked.

TC.