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Strategies & Market Trends : APMP (formerly APM)

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To: Rudy who wrote (10846)	4/22/1998 11:44:00 AM
From: WTMHouston	Read Replies (3) of 13456

I'm out of both JBRD and NAVR....DLJD's electronic trading is down so I have gotten royally screwed on trades today....for example, tried to sell NAVR around 9 7/8.....everything was down....35+ minutes later when I finally got to a live body to make the trade, I got a whopping 8 3/8...really PO'd, but not much I can do about it. If I scream loudly, they will probably waive the $20 commish, but big deal.... Similar screw with JBRD...bid was 1.5625 when I got through....didn't dare place a limit order because of not being able to timely change it...instead placed market order, which I really hate...right after my order hits, the bid ratcheted down...got 1/4 of it at .50, 1/4 of it at .4375 and the last 1/2 of it at .375...right after my last trade the bid popped right back up to 1.50.....aren't the MM's great guys!! The only saving grace is yesterday's profit on NAVR..... Looks like the internet bubble is starting to get very thin......they will come down just as hard as they went up.... Troy

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