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Strategies & Market Trends : Talk to Lola:)

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To: Lola who wrote (443)	7/10/1999 9:42:00 AM
From: The Osprey	Read Replies (1) of 2010

Lola, The other day while playing JDX I called RBC Action Direct and put in a market order sell for 4K at .80......I should say there was 3K at .80 and 5K at .79.I got a fill on the 3K at .80 in 1 and a half minutes but the remaining 1K tokk 1 hour and 27 minutes.The excuse the RBC gave (which I feel is crap)was that the trader on the floor was trying to get me a better price....... This is totally unacceptable. I have been keeping track with RBC Net Action and as a rule it takes them 6 minutes ad 5 sec on average to change an order from pending to open and have it show on the depth on real time.In a fast moving stock by the time they read it back and dilly dally around the price may have moved 10-15 cents above your limit order buy.Some would say go market order but by the time it gets to the floor you could be buying at the top of a short run so I don't go there.I am presently reducing and downloading RBC positions and am consolidating to cash and moving to Greenline only because of the professional manner in which the local office operates. The Osprey

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