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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks
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To: Mao II who wrote (483)1/12/2000 11:18:00 AM
From: BWAC  Read Replies (2) of 5499
 
Mostly because it was already below 40. Wouldn't buy above 40 because it looked on L2 like they were going to run some stop loss orders, which I expected were set at 39 7/8 and below.

Order went in for 39 1/8 cause thats where it looked like FBCO and MLCO would be on the bid. They are firmly in control of the price. Got to follow them and anticipate.

BTW its time to sell if FBCO doesn't move off 39 15/16 ask.
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