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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (2323)12/3/1998 6:17:00 PM
From: BC  Read Replies (2) of 90042
 
I bought 1k of cnkt yesterday at 4 1/2 and I thought I sold at 6 1/8 what I did was bought 1k more thinking I sold. I decided to buy back I got filled at 5 7/8. I realized it was going in the wrong direction so I thought I would sell and take a loss. I was very surprised when I went to put a sell in and found out that I had 3000 shares. I called E*trade to make sure it wasn't a mistake and when I finally got a person 30 minutes later it was down quite a bit.I decided to sell 1500 and hold 1500 overnight because I didnt want to sell at 4 1/2. I was hoping it would go higher this morning. I ended up selling at 2 21/32. I also bought eggs today and lost $1500 when I went to pick up my kids at school. I learned a expensive lesson today.
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