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To: Davyne Dial who wrote (9344)	4/5/1999 9:59:00 AM
From: Green Receipt	Respond to of 41369

be careful when you use the stop-loss's cause you won't always get the price you set and then if triggered, there is the chance your order will occur at a much lower price. Then you may not be able to get back in, especially if it was a bounce. I warn you because I got burned in '87 the day the market corrected. My total portfolio was valued 20% less than it had been the day before, and it was all cash. All my stop-losses got triggered and converted to cash way below the actual settings I had chosen. David PS: I've avoided using them as GTC ever since. I have used them on a 'day only' order though.

To: Davyne Dial who wrote (9344)	4/5/1999 9:59:00 AM
From: billwot	Respond to of 41369

Davyne-I saw your post to Vendit re: stop limit/stop loss orders. While I'm sure he will provide a valuable response, here is the response I got from another poster on this thread to s similar question. Message 8661880 Hope this is as helpful to you as it was to me. billwot