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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote (5)8/11/1998 8:58:00 PM
From: Wayners  Read Replies (1) of 1561
 
(NSCP) My entry was on a break above about $29 3/4. I had a buy stop limit for $29 7/8 ready and waiting for it. The rally kind of fizzled out right at my sell limit order at $30 1/4. The ask was hit at my price, my order was not. Rode it up and down until last hour of trading. I cancelled the earlier $30 1/4 and later went to $30 7/16 and the second rally went as high as about $30 1/4 again as I recall. Cancelled that one, price spikes up again and I don't have an order in while its over $30 1/2, it looks like another break, I put in order to sell at $30 7/8--it doesn't get hit. Next rally goes to $30 1/8--my order is at $30 1/4 and doesn't get hit. Bottom line is I'm holding overnite. Flipped it twice yesterday, both for 5/8.
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