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Strategies & Market Trends : SOES Trading

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To: James St.James who wrote (849)	6/19/1997 2:38:00 PM
From: steve goldman	of 1618

To all in here....understand this...a $9 execution does not mean anything if you could get an 1/8 or 1/4 more for your stock. There are firms that will let a stock run, working the sale, or let a stock fall, working the buy, so that you get price improvement. Most day traders should employ the SOES ont the way in, to get a stock while it is moving, and use selectnet to sell on the offer or in between when it hesitates. The inbetween or on the offer execution is not provided by most firm. Yet it is instrumental in achieving those extra few points of return on the account. My point.....dont be penny wise and pound foolish. Pay more than $9 if you can get more than $9 on your net. steve

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