Talking of stop loss settings, I can remember a while back a...

Talking of stop loss settings, I can remember a while back a certain magazine recommended to its clients to put a stop loss in at (I think) 23cents. From memory it got hit when this information was released, and the sp crashed, as clients followed their advise.

So, are there any traders or "big boys" out there who can let me know if stop loss settings are available to those privileged few. My reckoning is that a lot of shareholders are mum and dad investors who use Commsec, Westpac etc, which is where I assume they set there stop loss. If this is available to the big traders then it might explain some of the trading antics of late that have seen big sells followed by big buys, taking advantage of knowledge of stop loss figures.

I am just curious, and am sure someone out there knows the answer (although they may not let on).

GLTA