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Post# of 52587
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Frank Pembleton

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Frank Pembleton

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Re: Hawkeyetrader post# 15347

Friday, 06/13/2003 8:34:36 AM

Friday, June 13, 2003 8:34:36 AM

Post# of 52587
The bad part to a mechanical stop-- is that you could be forced out of a position because of the usual every day volatility in the markets...we see it everyday, a stock will drop 10 or 15 percent to finish the day in the green. My stops are always derived from a combination of charts, time and market conditions -- nothing is ever written in stone.


FP........................................................

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