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Re: Invalid Stop Prices Question



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Such an exit is normally executed using a limit order not a stop order.


At 09:23 PM 8/24/00 -0400, you wrote:
>Is there any circumstance in which it is valid to ExitShort at a stop price
>that is below today's close (with EOD trading)?  What should TS 4 do if a
>stop
>price calculates to such a level?  What it does do is tell me to place a buy
>stop at an
>invalid stop price (below today's close).  Perhaps I should just interpret
>the order
>as buy at the market, since the stop price is already exceeded.
>
>Paul Zislis

Bill Brower
Email: 1000mileman@xxxxxxxxxxxxxx
Web Site: insideedge.net
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