      SOES traders sought to identify volatile stocks displaying momentumcharacteristics (i.e., rapid price change) with either a strong upward or astrong downward bias. For stocks trading with a strong upward bias, forexample, SOES traders could preference OTC market makers using Nasdaq'sSelectNet execution system with a bid slightly above the "inside" bidprice. If the SOES trader was wilting to take the current offer price, heor she would usually use SOES for a mandatory execution of the trade.Depending upon where the buy order was filled, the trader would wait forthe bid to uptick a bit, and could then "SOES" out of the trade for aprofit ranging from 1/8 to 1/2 point. For stocks displaying a downwardbias, the opposite would apply.