Go to Jeff Salisbury LWGate Home Page.From: "DMC197807" <dmc197807@comcast.net>
Subject: Re: [CANSLIM] Tales from the trading pits
Date: Thu, 4 Sep 2003 20:16:39 -0700
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This is a multi-part message in MIME format. - ------=_NextPart_000_0081_01C37321.733257E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Bob, Your tale is why if you want to sell your stock for $38.00 on a limit = order you are wise to lob it in at 37.97, and if you want to buy a stock = at 35.50, you put in your order at 35.53. Good luck, DMC ----- Original Message -----=20 From: Bob Hodes=20 To: canslim@lists.xmission.com=20 Sent: Thursday, September 04, 2003 8:00 PM Subject: [CANSLIM] Tales from the trading pits I am not able to trade during the work day so I usually use limit = orders when I purchase a stock. I don't like to give out a an order to = buy a stock at the market price before the opening bell. So today, I = set a limit order to buy 150 shares of a stock (NASDAQ exchange) today = at $36.00. Around 11AM, the stock price declined from an opening price = of 36.93 to 36.001 and the buy order was never executed. =20 What do you make of my tale. =20 - ------=_NextPart_000_0081_01C37321.733257E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2719.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>Bob,</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Your tale is why if you want to sell = your stock for=20 $38.00 on a limit order you are wise to lob it in at 37.97, and if you = want to=20 buy a stock at 35.50, you put in your order at 35.53.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Good luck,</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>DMC</FONT></DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Drchodes@charter.net href=3D"mailto:rchodes@charter.net">Bob = Hodes</A>=20 </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, September 04, = 2003 8:00=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Tales from = the trading=20 pits</DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial size=3D2>I am not able to trade during the = work day so I=20 usually use limit orders when I purchase a stock. I don't like = to give=20 out a an order to buy a stock at the market price before the opening=20 bell. So today, I set a limit order to buy 150 shares of a stock = (NASDAQ=20 exchange) today at $36.00. Around 11AM, the stock price declined = from an=20 opening price of 36.93 to 36.001 and the buy order was never = executed. =20 </FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>What do you make of my tale. =20 </FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0081_01C37321.733257E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): Re: [CANSLIM] Tales from the trading pits Tomas
Top of Thread: [CANSLIM] Tales from the trading pits " Bob Hodes"
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