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To: Annette who wrote (3960)1/12/1999 11:17:00 AM
From: HairBall  Respond to of 27722
 
Annette: And sometimes they do just the opposite moves, with a spike up, to close short positions before going lower.

It is always best to use mental stop loss positions. Of course some can not watch the Market during the day. However, if I could not, I would not be in a stock like NAVR.

Even with watching the Market like an owl...the brokerages are hemorrhaging...there is much trouble out there getting timely fills.

I have been trying to reach the trading desk at E*Trade via phone since 10:46am EST. Busy for 7 minutes and now on hold for 20 plus minutes....yikes! I closed all my positions at E*Trade yesterday, glad I did...I just wanted to see how long it will take to get through.

E*Trade is not my only broker...thank God!

Regards,
LG