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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: margin_man who wrote (29529)3/25/1999 9:05:00 PM
From: Joe Pirate  Read Replies (3) | Respond to of 36349
 
<<<The spreads on that stock today were very high, almost
$1 buck at times... sharks!>>>

>>I call it a bear trap. Hehehe...

Short on the bid not the ask <hee>

I placed limits to short at a price closer to ask and
viola' , it gets filled.. The amazing sharks... gotta
play their games, hee...

If you sell at market, you get bid always! If you use
limits, you get filled on the ask (sometimes...) to sell
and get filled on the bid to buy (sometimes...)

Works good on these high spread stocks, that is how you
make da-mullah$$$$$$$$$$$$$

I am the first one to admit that I didn't think it was
possible, but you always learn something everyday playing
stocks...

I call it "fishing"... AHEE HEE HEH EHE !!!!!!!!!!!!!!!!!

Pirate

P.S. For my next trick, I am placing limits to buy PAIR
at $8 1/8 and then another limit to sell at $17 5/8,
the Amazing Pirate does it again, nothing up my sleeve,
presto!