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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (8677)2/11/1999 2:48:00 PM
From: Big Blue  Respond to of 56535
 
short real short! Took my 30K in gains and 20 More. somehow the stop didn't work never took, I was sick layed down for a couple of hours came back and well you know the rest. (I was sicker, then)

BTW, Two lessons I learned from the experience:

1. Never trade when your really Ill
2. Never try to trade desparately to recover losses, in a the same stock you lost in.



To: Trader J who wrote (8677)2/11/1999 2:49:00 PM
From: snerd  Read Replies (1) | Respond to of 56535
 
Market Makers... Explain to me please, what this guy is doing. It's 5 3/4 x 5 15/16. I put a limit sell in at 5 13/16 and immediately he lowers ask to 5 13/16. I cancel my sell, he immediately raises ask to 5 15/16 again. I do nothing, wait 2 minutes, he then raises bid to 5 13/16. So now it's 5 13/16 x 5 15/16. Is it a game or what?

Snerd


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