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Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 611.67

-1.9%

Nov 6 4:00 PM EST

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To: TREND1 who wrote (562)	6/11/2001 1:45:31 PM
From: OldAIMGuy	of 840

Hi Larry, Your math covers the distance from the starting price to the place where you'd start to consider buying. Then you need to go deeper to get to where you'd buy whatever you've decided to have as a minimum order. For instance, if you own 1000 shares and you want your minimum order size to be 5% of that, then you need to decrease the price by a bit more. SAFE and your minimum order size can be added together. It would approximate multiplying by about 0.85 or $47.35 * 0.85 = 40.25 to buy 50 shares. Your first sell point would be about the same as dividing by 0.85 or 47.35/0.85 = $55.71 to sell 50 shares. So, your "hold range" would be $40.25 to $55.71. Below, you'll buy additional shares and above you'll part company with some. Beyond those prices, the order sizes just get bigger. This is a bit simplistic, but that's the basics. Best regards, Tom

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