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To: bob oserin who wrote (14711)4/12/1998 5:52:00 PM
From: Tim J. Flick  Read Replies (1) | Respond to of 31646
 
Only at the firm that you are using. There is not a national line that forms that everyone gets in. Your broker will contact a market maker to buy or sell stock, the mm will fill the order or pass.



To: bob oserin who wrote (14711)4/12/1998 6:20:00 PM
From: PitBull  Read Replies (1) | Respond to of 31646
 
market orders are scary I learned this the hard way I put in a market order once over the weekend & I ended up getting a price that wasn't even on the chart for the day it was executed ...it was higher than the day's high charted...it was so high even though the share price went up up up it took me three weeks to break even...upon execution I was already at a huge loss

from then on I ONLY use limit orders
If I REALLY want something then I might put in limit orders at 3 different prices and cancel the other 2 when I get what I want