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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (9950)	6/3/1998 1:40:00 PM
From: LastShadow	Respond to of 120523

Off-hours trading: Brokerages don't have to report all of their sales until 7:00 pm, which is why when you see the news or reports it usually states "The DOW was at...at 5:00 pm today..." Some brokerages will fill orders for favorite/preferred/volume clients from their own shares as well, and sometimes at much better prices than the average person. Usually at the expense of others who are less favored. The same is true pre-open starting about 8:00 am (at least that is the earliest I had a confirmation for, but that wasn't an online house). To my knowledge it doesn't affect price trends at all, since they are sparse and better left for limit orders unless the broker on the other end of the phone is giving you a confirming price. lastshadow

To: Jenna who wrote (9950)	6/3/1998 1:51:00 PM
From: the options strategist	Respond to of 120523

Thanks for the response Jenna. Because I've been burnt so badly in the past (and have become rather chicken) I do the chicken trades also. I'm searching for specific strategies to use. After having lurked for the past 3 months on various threads, I think I've finally decided on the best strategy for me and the strategy you mentioned is one of them, especially in this market. But thanks Jenna and Lisa. Your comments have caused me to rethink a few things. One not to attempt the indexes at least until I can begin to trade with profits. It's amazing how the mind can run around in mass confusion and turmoil and then .... someone comes along and says something the mind knew all along .... and BAM!!!! just like that--- you may not know what you should do BUT YOU KNOW WHAT YOU SHOULD NOT DO!