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

To: Trader J who wrote (9514)	2/20/1999 2:51:00 PM
From: Wes Stevens	Respond to of 56535

Jeff, ASCT, I tried that till it hit 5 7/8ths then I backed off as I felt that I may have been causing the stock to fall - at one point I had 12k shares worth of laddered orders out in two different accounts. When it keep sliding I tried 5 1/4 and that is where I started to get partial fills and then the bid would fall. When it fell below 6 I should have started feeding in small market orders. That would have probably gotten me out.