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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (11956)2/17/1999 1:39:00 PM
From: lazar921  Read Replies (1) of 122087
 
A,
when you post a play (MTEX @ 39 for example) often times the price is no longer there. in such cases are you stating an order be placed at that price in case it pops up again?
MTEX at time of post was 36-37 and was in freefall mode from 43.
I would never want to chase down, but not sure if these are trades that have been made already (in this case much earlier) or orders to place.
maybe by the time you fill and post it slips a bit, how much % wise is safe to "chase down".
i assume the return you are seeking and a 1 pt slippage is of little concern esp in a freefall like MTEX.
thanks
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