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

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To: Aireman who wrote (23848)3/24/1999 6:56:00 PM
From: AD  Read Replies (1) of 122087
 
city: Good job asking around... Lucky is right, if BEAM is strong in the morning, most likely there will be some selling after the initial gap open. It's difficult sometimes, but don't panic cover at the market open. We've all been there and most likely you'll get a chance to cover below the opening price, (if covering is your goal). If the stock is strong and the market is good, don't count on a big pullback, you might just end up waiting too long and having it take off again.

Maybe someone with level 2 can help you in the a.m.

PS If it's really strong and the market is good, you might want to consider covering and going long simultaneously.

I'm not trying to tell you WHAT to do, how could I? You're doing a good thing by considering and planning your options... for whatever happens. There is quite a large float, so that's in your favor.

PSS, I'm gonna try to 'reserve' some shares pre open. If my broker has any, I'll place a limit order at 15, so they can be used later if need be.

Ain't it fun!
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