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To: Thean who wrote (2926)	11/13/1997 8:48:00 PM
From: B Hewson	Respond to of 95453

You say Waterhouse executed your market order at higher price andyou will speak to them. Have you ever had any luck complaining about a market order that executed higher? My broker always seems to stick it to me on market orders (so I use limits in all but fast markets) but I have had no success in complaining. Now changing to different broker. They just say price moves fast, but when I put in a limit order, I get the limit price. Barbara

To: Thean who wrote (2926)	11/13/1997 10:21:00 PM
From: Jon Tara	Respond to of 95453

" I entered a market order at 23 3/4 but it executed at 24 3/8. Waterhouse will hear from me on this. I made the mistake of not using DATEK at that window of opportunity. I have both Waterhouse and Datek accounts." 23 5/8 was a piece of cake with Datek. Executed 21 seconds after I placed my order. Just reviewed the time and sales, and it looks like my order went at the bid! I guess there were still panicked sellers (or ones with slow brokers) at the time...

To: Thean who wrote (2926)	11/13/1997 11:27:00 PM
From: james paterson	Respond to of 95453

Thean, Since I'm not as nimble as you I just buy the dips ( got some more PDS @ 3/8 over the low}. A couple of times when I tried to sell @ a top, I ended up sitting on the sidelines & the stocks just kept going up. Of course, one really has to have a lot of confidence to buy dips, because some stocks just keep getting cheaper. James

To: Thean who wrote (2926)	11/14/1997 12:03:00 AM
From: Timelord	Read Replies (1) \| Respond to of 95453

Thean: The TA chart with "candlesticks" you pointed us to at IQ suite some time ago intrigued me and I have been studying them closely. Like the stochs, they began to show warnings last Weds which were confirmed as reversal patterns Thursday and Friday. I was in cash by Friday. I chart 14 stocks each night (FGII, GLM, NE, RIG, GW, CDG, KEG, FLC, EVI, MAVK, BHI, TDW, DO, RON). None of them show any reversal patterns yet. As with most TA, this is not a way to pick the bottom or top, since the patterns may take from one to three days to develop, and may require a fourth confirmation day. However, so far they have been excellent in signaling trend changes. Its not to say in a crazy market like this that a sudden and dramatic change up couldn't occur in a day, but it's more likely to go down or sideways. Caution is necessary as you advised (catching falling knives can be painful). Alex Alex