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Strategies & Market Trends : Steve's Channelling Thread
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To: Sabrejet who wrote (17988)6/14/2001 4:15:18 PM
From: Steve Lee  Read Replies (2) of 30051
 
2000 of each. I got PALM thru by changing to a market order. Wanted to cover cos spending the day in London tomorrow and probly won't get on the net.

SUNW I am not too bothered about as I reckon I can cover lower.

Explanation from broker was that sometimes market orders take precedence over limit orders but he didn't sound too convinced.

Now trying to work out a strategy for next week, will be able to place some limit orders and then off for a week to a part of Greece where you r lucky to get a working fone, let alone the Internet. I reckon we are going quite a bit lower. Will look at setting up some short sell orders tonite above closing prices in case of a bounce. Then if they fill, will set the limit cover buys over the weekend.
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