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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (5020)3/29/1999 9:24:00 AM
From: NTT  Respond to of 62347
 
>>> Just as an aside, the downdraft from $17.60 to $16.00 was created by a market sell on a huge order, this in turn kicked in stops....all of those stops would have been satisfied "only after the original market sell got satisfied, so you would likely have got the shaft anyway!! But I would still get angry as hell at greenline!<<<

Hmm, really? I was watching the ticker at time and it appeared that it stablilized for several minutes at the $16.80-$16.90 range with a decent amount of volume going through by different houses. I think I could have gotten out. But that's not the point. Point is that I should have been able to sell on the condition that I would settle it within 3 days if I'm in error. Anyways, I am going to be extremely careful about putting in any stops on BII in this market. I think I'll just use manual stops and call in my market sells if the need arises. I may not get the best price, but it's better than watching the price spiral downwards and not being able to do anything about it!