Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SJS who wrote (15743)	3/21/1998 12:12:00 AM
From: davep	Read Replies (1) of 95453

Steve,I trade otc big caps.I don't trade small or third tier stocks on the nasdaq(anybody who does is asking for it especially if theyre a short term trader)you can buy junk on vse for that.otc stocks with spreads greater than 1/8 are usually quirky and poor traders.You cant deny the facts: the top 30 otc stocks have tighter spreads than the dow.Limit orders are fine for buying lt investments but for quick moving volatile markets and intraday trading you'll be left in the wind.I trade almost exclusively otc and almost exclusively at market and i'll verify that i never get burned and always get hit in between the spread and quickly.

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