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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (5125)	12/29/1998 4:35:00 PM
From: Alex Engelgardt	Respond to of 43080

SRGE rocketed by (surprise, surprise!) announcing an acquisition of Orbit. The magiKal incantation that reads "e-commerce" was used in the press release and my limit order filled way below the close. #@%$#!$%. I had the damn thing in my portfolio for ages! You think that's funny? No, that's nothing. The funny part is that the press release went out precisely during the 15 minutes that it took me to go downstairs, order a sandwich and consume it. The order filled at about the same time. Moral of the story: NEVER, I repeat, NEVER let mundane impulses (food, TV, sex) interfere with your trades. On the other hand, scratch sex from that list -- it's difficult but possible to watch the screen while, um, doing THAT at the same time. When will all these spaceinvaders69.com are going to IPO anyway, Alien? My mailbox is already full of it. Alex. P.S. I know you can argue with the credit card bank but can you blackmail a broker into reversing a filled order? ;-) Where's that damn time machine...