PROGRAMMER'S PARADISE (PROG) Message Board

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Technology Stocks : PROGRAMMER'S PARADISE (PROG)

PROG 0.146

+6.5%

Jun 13 5:00 PM EST

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To: Bill J. Landis who wrote (53)	1/10/1999 8:47:00 AM
From: Crossy	Read Replies (1) of 2383

Bill, regarding purchases of stocks that are hot, be careful. One approach is to find and buy them when they are unknown and have a little patience. Zeev and me like to do this for example. If you couldn't or didn'T want to do this and you find a stock, first of all, define a maximum limit you would like to spend. There are some rules for this, though in order to avoid becoming trapped.. #1) NEVER EVER place a market order in a fast moving issue, especially not at the open or the close. Always place limit orders #2) Limit orders have an additional beauty. I'm not totally familiar with NASD Regs but as I see it, they are prioritized over market orders to some extent.. #3) Often stocks surge in the first 2 hours of trading just in order to recede a bit btw. 10 and 11.00. You can capitalize on this by being patient #4) don't worry if the stocks surges and you are not part. There are other playsout there that might be equally interesting.. best wishes CROSSY

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