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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (20248)	7/16/1999 11:12:00 AM
From: DanZ	Read Replies (3) \| Respond to of 53068

ECLP. Sue, I used market orders and got a lucky fill (at the time) on the one at 30 3/4. I didn't want to use limit orders because I'm trading based on my perceptions of momentum shifts and you can't determine that with a limit order placed ahead of time. The stock rallied a point off 30 1/2 and has now fallen back to 29. I only took a small position and am willing to let this ride for a day or two. I think it will test today's high at 34 at least once, albeit maybe not today.