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Re: bvan23 post# 15368

Wednesday, 08/06/2008 11:19:16 PM

Wednesday, August 06, 2008 11:19:16 PM

Post# of 30643
There are two types of buyers and two types of sellers in a market... aggressive and passive. An aggressive buyer wants shares immediately and so buys at the ask. A passive buyer is willing to wait for price to come down to their desired entry point, and so places their orders and waits.

Likewise, an aggressive seller will sell at the bid whereas a passive seller will wait for the price to move to their set price.

Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.