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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (11370)	2/2/1999 4:45:00 PM
From: Laz	Read Replies (1) \| Respond to of 25711

Ok people...... here is my sad story. I was watching TNRG drop in the morning, having taken profits along the way I was full of cash. Order through the net for 10,000 @ .26 (market went through with no problem. Called the broker @DLJ for the other 17,000 I wanted to place. When we hung up TNRG was .2 /.22 realtime. My order got filled @ .26 again........no problem ($600). Placed a market sell @ .37 / .38 waited for 10 minutes (for a market order sell) to execute. Cancelled when it reached .32 /.34 placed a limit sell for 5/16 for 25,000. Now for the painful part.........10,000 comm. $130.00 17,000 comm. $221.00 sell...............25,000 comm. $390.62 !!! total..... $791.62 in commission, 2k free shares and $50 profit. I desperately need a good broker for pennies,with fast executions. Any help is appreciated.