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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (1805)5/31/1998 10:24:00 PM
From: Dave Baker  Read Replies (1) | Respond to of 13094
 
When I place a limit order to buy between the bid/ask and it executes, I begin to worry! More often than not, it means the stock has topped and the bid will begin to drop. For a short time, it feels good to know that you've gotten the stock for less than the "advertised" price; however, many times it's a signal that the buying pressure is either very weak or non-existent.

Caveat emptor!

Dave in KC


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