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    Reading The Specialist

    Anything large is to scare traders, if it's taken though, then it's going that way.
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    great new pattern

    Im long pme.. just 2500 @ .25. Not a huge lot of volume here, but they warned today and are green and have traded about double the daily volume so far today before noon. Stop is at the low of the day. Do your dd though cause i've had a really bad cold spell lately.
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    Trading advice needed

    Stick with emc and aol for suggestions. Very easy specialists to read, and there is plenty of island liquidity and the 10 min bar range is usually still at least .4 or so.. Too bad glw is too thick now to trade. TXN and MU are also ok.
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    great new pattern

    Im still stalking pktr. Im also doing some work on recent lockups and how once the first wave of sellers come in, the buyers who put off buying for lower prices seem to move in. Look at eden. That's a great example. If anyone wants to work on this with me, im me at hkuppy on aim. I'll be on this...
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    great new pattern

    apw ended up almost doubling in 4 days from it's low... not bad ehh.... Next one im stalking is pktr. Best of luck guys.
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    Trading advice needed

    stop playing those names, they move too fast, and are too futures related. Play less liquid names where it is only a supply issue.
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    Decimal fills on Nasdaq

    I've only tried trading rmbs so far. It's really a trial and error thing. If someone wants your shares, then you can post 5k and they'll take you. Otherwise, I see what is there, and I just sweep up .1 on island with 1500 shares, then wait for the offer to thicken and repeat. Posting size is...
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    Nasdaq/OTCBB Securities To Trade in Decimals on March 26, 2001

    Nasdaq is going to regret this. As it is, you can trade in decimals on island. But they need the mm's to trade in fractions to provide stability. That way you know that your snet and soes at certain prices have more than one liable mm as they all line up together. In the decimal names so far...
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    where are the huge sell orders from?

    In otc, you can short on the offer all the time. In the nyse, you can sell only market (a trick is to buy 100 shares to uptick it, and then empty your position and get short, though you usually need 2 accounts for this, but it isn't necessary on anything even semiliquid)Besides, by the time the...
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    Friends and family

    You help them if they want it. But don't take any money, and try to convince them to keep their real jobs. 95% of people will fail at this.
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    great new pattern

    ABI: 1000@23 on open, 500 at 22.5 I then bailed on all at 22.5 for a loss. REbought 2k when it made a high at 23.4 started selling 500 every 1/2 up after 24.5 PKI 500@46.72 500@ 47.9 bailed on all at 48.1 APW 2500 on open at 6. 500 at 5.95. 4000 at 6.4, ditched half at 6.6, sold rest 1k at a...
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    great new pattern

    to tell what the specialist is doin, you just watch him, it's hard to explain, but there's a method,a nd anyone who trades with me from this board can vouch that im on target about 90% of the time. All those stocks if you bought on the open would have banked hard. APW especially, up 40% i...
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    great new pattern

    Lots of q's... I wait til it makes a new high over the first 30 min bar. I keep my stop at the low of that bar, or other strong support point. My share size is mainly a result of liquidity. I have no problems with taking 10k+. TO deal with a possible 3rd (4th) day down, I use stops, and use them...
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    great new pattern

    I finally got long today at 5.3 and made .5 on it. I will probably buy 5-10k tomorrow of it. I think this one has bottomed. Im going to wait til the first 30 mins though to see if there is indeed buy interest. the book value is like 16 anyway. (not that you should use those metrics to trade by)
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    Afternoon rally

    You'll probably bank in the end, but you'll take a lot of pain first. We're overdue for a 10% run. And tech has had a bid for the last 2 days
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    great new pattern

    I think i found a new one... APW. Though you could call me biased cause I got anihilated today trying to average down before giving up and just shorting. Im long 2100 now at 7.2. I want my $ back from this one. It took 10k from me today.
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    Decimalization

    I think decimalization on the nas is a mistake. You can't move size at all now. Before, i knew that i could arca for 3k up a teeny and get filled no matter what. Has anyone noticed the mm software that they use to lean on you. Try posting a 5k+ bid. Immediately 500 shares are a cent up..I...
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    Routing listed orders through Island; cheap or stoopid?

    It depends on the stock. Today I sat with 10k crossing the market by a cent on rad on island for 5 minutes and was never hit. So much for trying to save some loot. THe stocks I use island on are GLW, NT, EMC, QQQ, AOL Its usually better to execute when you're either wrong and want out fast, or...
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    Armageddon

    My ratio is based on long to short setups i see each day, and a rating i give to each. For monday, otex was the highest rated short. The fact that it failed to break, led to my intraday ratio, which i use to time my entries to never really get negative. I closed most of my premarket shorts at...
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    Armageddon

    Exactly jsmith. When I say green futs, im talking about at 8am. Right now 01:52, the sp's are up 4. I'd like it to stay that way, or get greener, just because I have such a strong signal. That way I can hope for a quick move up in the first few minutes, so I can average up. Otherwise, I'll...
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