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Strategies & Market Trends : SOES Trading

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To: Sniper who wrote (1149)	11/17/1997 6:51:00 PM
From: Mark Davis	Read Replies (1) of 1618

Very impressive track record Snipe. You're making 250-400k a year (on what buying power may I ask) and never get jiggled out and rarely lose more than an 1/8. Hmmmmm, you mean your stocks never drop an 1/8 unless they are sincerely headed for the toilet? I'd like the names of these 'honest' stocks. As for Island, they are rarely a source of liquidity in the WRONG direction. They're usually buying on the way up , and selling on the way down. The 'book' as you well know, mostly contains trades so far out of the current price as to be worthless for saving your butt in a down move. Maybe I'm missing the big picture, but your post sounds like a fairy tale to me. Like your take on keeping commisions down though ;}.

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