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Re: muenchen post# 199288

Monday, 09/20/2010 4:53:35 PM

Monday, September 20, 2010 4:53:35 PM

Post# of 249201
I'm not posting much lately because my views are well known (whether right or wrong). However, I like to hang around and answer questions. (Research says that Googling is good for the aging brain.) So -- I will simply say that some market techniques we will become more familiar with as we become a however, slowly emerging growth company.




A buy on close order is an order to buy stock at the close of the trading day. A buy on close order is filled at the best price possible within the day's closing price range. A buy on close order for the NYSE or the NASDAQ is executed at four in the afternoon, New York time, at the traditional close of the markets. As markets move toward a twenty-four hour trading day it is possible that a new definition for a buy on close order may be necessary. A buy on close order may open a new long position or it may close a currently-held short position. Buy on close orders can be placed for stocks, options, and commodities.

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