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Pastimes : Richard Ney and the Wall Street Gang -- Ignore unavailable to you. Want to Upgrade?

To: BenYeung who wrote (84)	1/1/1998 7:56:00 PM
From: ccryder	Read Replies (1) \| Respond to of 492

Right on. I watched a stock on Jan 31 where the specialist dropped the price several times by .75 to pick up stops then raised the price to sell increasing his spread to 1.50 when normally the spread was .25. I guess he thought no one was watching him. Stop orders are like playing your poker hand with all your cards face up. I had some CMCI that got trashed. They are a contract manufacturer that lost a major contract. With the whole industry at capacity, they should rebound in 6 months so I'm holding. Wish I could buy more. I have most of my money tied up in GSTRF and LOR for the launch play Feb 3. I look for GSTRF to return to 60 and LOR to 24 by Feb.