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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Jason Dekker who wrote (520)2/17/1998 7:26:00 PM
From: John Sanderson  Read Replies (1) of 2120
 
Jason, You can sometimes short on a downtick. Place your short sale inbetween the spread. I have done this many times at Datek. You not only go short, but get a sightly better price than selling at the bid.
Of course, in a quickly downticking stock you might not get the trade, but it does happen sometime. Some of those "inbetweeners" Ken referes to have to be short sales.
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