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Re: Little Chico post# 42837

Tuesday, 07/24/2007 4:48:38 PM

Tuesday, July 24, 2007 4:48:38 PM

Post# of 79025
Chico,

sorry to jump in...

Stops and overnight futures don't quite mix.

Trading is too thin and many weird things happen.
"They" quite often move a price several dozen ticks just to pick your stops and return immediately to the original price.

(The opposite is also true: you can take advantage of it by placing a target far from the price and finding in the morning that they walked the price to execute it and then back to the original level)

H.


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