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Strategies & Market Trends : DAYTRADING Fundamentals
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To: OZ who wrote (5958)12/10/1999 8:59:00 PM
From: cloudless  Read Replies (1) of 18137
 
But if a stock
is about to tank and some sucker wants to take your offer,
there is nothing stopping that.

OZ, How do I do that? Today I entered a market order to short sell, figuring that ETRADE has to place a market order at whatever the bid is at that moment and that in the time it took me (through ETRADE) to put a limit order in I'd miss the downturn. It didn't occur to me that if the bid was 34 5/16 to put a limit in at 33. Should I have put it in at a limit?? Help me here... Cloudless
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