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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: jan m. who wrote (37086)	4/28/1999 10:37:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

They were right. I lost 30% on GFI and had a stop loss. It was no use. The stock lost 40% and came back 10% near the close. OF course it was an irregularity with the earnings much like Mckesson HBO from today.

To: jan m. who wrote (37086)	4/29/1999 8:21:00 AM
From: Chet	Read Replies (1) \| Respond to of 120523

Jan , On the OTC there is nothing that you could have done except...be out before EPS report. If you had found a firm that would take a stop-limit order it would have skipped over your price and would never have executed. OTC market makers are aware of where stop-limits are and would gap over that px. On the listed markets you can use a "Stop Order " w/no limit. When the stock hits your price it then becomes a market order and takes the next trade available . Of course this can be a disappointment if it opens at low. You also on a listed exchange can use a stop limit with the limit being different from the stop price. ie. stop at 20 limit 18 you will not sell if below limit. Always glad to help. CDAVISSR@aOL.COM