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Strategies & Market Trends : DAYTRADING Fundamentals
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To: KM who wrote (119)6/6/1999 5:45:00 PM
From: -  Read Replies (1) of 18137
 
KM, Exactly, when they grab you quick like that (the fill is too easy), it means you are now the proud new "Sucker" owning the stock. An appropriate time to run with your tail between your legs! (a.k.a. just hit the Bid quick)

Seriously though, it's a near-perfect leading indicator that you've made a mistake. They don't give out to many of those, in this business <g>. So, best to USE it!
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