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Old 11-29-2007, 10:35 AM
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Re: Entering On Buy-Stops/Sell-Stops

If I have a resting buy/sell stop order and the NYSE tick reading becomes extreme(>1000 and <-1000) as the market get very close to my stop level, I usually cancel my stop order and try to enter on a pullback at least in NYSE tick reading if not in price.

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