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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (21785)	8/1/2002 5:00:16 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

Aaah you must have been watching that 912 support area too <g> I missed fills I wanted so many times, I've started putting them 1-2 points above the known support level. Because when it hits those spots and many are short, only a few get filled and it stays there a millisecond, so you can't get a close fill buying at market. My first short of the morning got filled at the low of the bounce down the same way, around 11 am, I had a resting order in 1 1/2 points above the 930 support level for the first test of the gap area that I figured would be bought. It immediately bounced hard from 931 and there were only a few fills there so I'm going to use resting orders more often. Everyone with orders at 930 had to ride it up again, not fun. Usually I rely on my fast trigger finger <g> but in a fast moving market your fills are pot luck.