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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How? -- Ignore unavailable to you. Want to Upgrade?


To: Keith Lenart who wrote (64)1/26/1998 6:12:00 PM
From: JEFF CHAPMAN  Read Replies (1) | Respond to of 159
 
Thanks for your interest Keith. I notice that we may have a slightly different strategy, in that I'm looking at market buy orders and you are trying limit orders. My feeling is that I want the stock to be upticking, so I don't mind paying the 1/8th, in fact I wait for a couple of upticks to establish a bottom (not as effective today, possible market related more than the stocks), although keeping in mind that the spread cannot be more than 1/8 possibly 3/16...