RE: [CANSLIM] Buy Stop Limit orders?

From: "David Taggart" <dctag@mavericktrading.com>
Subject: RE: [CANSLIM] Buy Stop Limit orders?
Date: Fri, 6 Sep 2002 10:02:25 -0600

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That is probably my most used order.  I use buy stop limits and sell stop
limits almost all of the time.

David

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel
Sent: Friday, September 06, 2002 9:56 AM
To: CANSLIM list
Subject: [CANSLIM] Buy Stop Limit orders?

I am curious (yellow) -- sorry, bad joke that will be undersood only by
those of a certain age, if no one "gets" it I will explain, if asked --

anyway, back to the subject -- whether people here have used buy stop
limit orders to trigger a purchase if the price of a stock rises above
the limit price. You would need to use this with some sort of manual or
automatic scan for increased volume to make a good buy on a breakout,
but given the volume, seems like a buy stop limit order would help one
buy at the pivot point. Or not?

Thanks,
Warren

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