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Strategies & Market Trends : Mick Orgas looks into his Crystal Ball.... -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (199)3/18/1998 9:34:00 PM
From: Russell Gish  Respond to of 461
 
I agree Charlie and TG, but for the sake of argument I think this would be another good educational experience for this group.
Once the pre-market limit orders are in place and the MM's gap the open then everyone thinks they need to get in at market before the run. I think this would be a good time to display to the group what WILL happen with a pre-market suggestion.
I'm speaking strictly from experience... was privy to a pick that was put out on a Friday evening and by Monday morning the gap was over 15% on limit orders and MM's sucked the uninitiated big time.
Perhaps this would be as good a time as any to show what happens when the MM's see your cards. Experience is the best teacher.

Myself, I'm gonna watch BANY