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To: trader_tex who wrote (3027)1/20/2000 4:12:00 PM
From: Tom Allinder  Respond to of 4792
 
Well, a market order on myTrack would have been filled at .76, the high on LITH today. I just don't like MOs on fast moving stocks... It may work 8 or 9 times out of 10 picking up a fast mover. But, that 10th time, you will get scorched... I have been burned too many times chasing with a MO... mostly in my early days.

Tom



To: trader_tex who wrote (3027)1/20/2000 4:22:00 PM
From: benner  Read Replies (1) | Respond to of 4792
 
Glad you made some $$ on LITH trader tex... Still holding 1/3 my original position. Had to do the market thing myself today, but as you know timing is everything.