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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (3743)	1/12/1999 9:45:00 PM
From: Anthony@Pacific	Respond to of 122087

You may get anywhere from 44 to 32..market makers are crooks that way.. You are better off with a limit sometimes..A safe limit this morning was betwwen 42 and 44.. RACE..possibly but not sure yet

To: xcr600 who wrote (3743)	1/12/1999 9:55:00 PM
From: ilh1	Read Replies (2) \| Respond to of 122087

xcr600, I have learned NOT to place pre-market sell orders. When you do it before the market opens, the MM sees it and will always drop the price down lower than normal. Then once they are done getting your shares at the lowest walk down point, the price will suddenly rise again.....And you know you have been cheated. (If you have live quotes, you can see them do it. Just enter a sell order before market opens and watch the bid adjust down, then remove it before market opens and you will see it go back up.......) (I learned that costly lesson on OMKT a few months back.)

To: xcr600 who wrote (3743)	1/12/1999 10:23:00 PM
From: Smiley	Respond to of 122087

You will get screwed either way with an order at the open. The Market Makers see the orders for buy and sell before it opens and you are giving them a blank check. I lost $13,000 on Christmas Eve with a market order. They bought PCCC at 38.5 and 30 seconds later after all the orders were filled it fell to 24.5. Wiped me out except for $1500.00 and now starting over. These MM take pride in screwing the individual investor and now are even posting on these boards. Check the WCTI thread here tonight. We now have a MM posting to attempt to kill a stock. He even called us "petulant children". DO NOT place a market open order.