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To: Susan Saline who wrote (18324)	1/9/1999 6:44:00 AM
From: Ron McKinnon	Respond to of 53068

Sue stops >>>somehow, I must learn to place stop loss sells better, cause I did not want to get stopped out of it or HAIN for that matter not easy to set them for me, it depends on the time horizon I bought for if trading, then I might give it 3/16 to 3/8, possibly more depending on the price of the stock and the volitility if it's a slow moving $10 likely 3/16; if say $20+ then 3/8 or so if an internut like NSOL $1-3 if for an intermediate hold, say 1 week to 3 months 2-8%, or right near the closest support level if a true longer term hold, say in an IRA near the 2nd support level or some moving average, like 30-60 days or a combination of both as I have said many times before, in no case allow a loss in excess of 2% of my total portfolio value for HAIN looking at 6 month chart 22-23 is a clear support level if you wanted to hold this the stop looks like about 21.50 or 19.75 depending on time frame for PEP you went in at 40 11/16 price went to 41.812 chart shows clear sup at 40 and res at 42 tight range one like this is either going to trade within the tight range or break up or down I think your stop was just fine once up on a buy, don't let it turn into a loss for a longer term hold a 38.75-39.50 stop would have been about right the trading range on this is so tight I'd wait to buy only on a clear break above 42 especially since this was not able to break to new highs during a strong market (same with KO) while other consumer goods companies like say GIS were up but this sector in general did not follow the market this week look at say CPB DOL HNZ K OAT RAL SLE as a few examples says to me that PEP is likely to stay flat or fall for now