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


To: Tom Allinder who wrote (3044)1/20/2000 5:41:00 PM
From: Tom Allinder  Respond to of 4792
 
I guess what it boils down to is that I don't have the stones to use MOs in this market on fast moving stocks. When I was using MOs on moving stocks with my NDB account, I would place the order and use an odd number like 2300 shares or 4700 shares so I would know when my order went across...

Too many times I chased a stock using a MO and watched it continue to uptick and no 4700 or 2300 would go across... after the stock moves a little ways on the upside and is now at .35 and was at .25 when I placed the order and the stock is still rapidly upticking and getting hit on the offer, the physical symptoms were much like a heart-attack...

1. Lightheadedness
2. Profuse sweating
3. hyperventilation
4. nausea
5. Chest pains
6. Extreme anxiety
7. Feeling of impending doom

I have found many other ways to make money in the OTCBB trading arena and avoid the above situation.

Tom