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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject8/18/2000 4:35:11 PM
From: Louis V. Lambrecht   of 100058
 
A word of caution with "day" limit orders

There has been an order of 100 GLW filled at $300 @16:23:10

That is $4 above regular close.

Even if the NYSE is closed, some big board shares keep pricing on the "consolidated tape" on other exchanges: nasd, phlx, chgo....

Don't take your WE leave too early whit day limit orders, unless your broker has a well defined policy (example: my day orders are marketd "expired" at MSDW at the normal Street close).
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