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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: benner who wrote (3025)	1/20/2000 4:24:00 PM
From: Tom Allinder	Read Replies (2) \| Respond to of 4792

If a stock is just sitting there, a MO is fine... I use NDB to accumulate stocks... I can buy 3K all day for the same price. Same on the sell side. I learned early on about using MOs... One of my first trading days. I bought ACLY as it was running up through 18... running hard too. Got filled at 23 (day high)... then the stock started coming down hard and I panicked and sold (MO too) and got filled at 16 (day low) right at the close of the day. The next morning the stock bounced to 19. This was a NASDAQ stock. Bought a bunch of EUTO years ago on a runnup and got filled at .15 and .21... it hit .27 and came down like a steel ball, I got filled on the MO sell at .09 Since then, I learned several things: 1. Buy fast moving stocks with limit orders. 2. Don't chase, there will always be a pullback. 3. Be a buyer when the masses are selling and vice-versa. Tom