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Strategies & Market Trends : DAYTRADING Fundamentals
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To: - who wrote (97)6/6/1999 6:24:00 PM
From: dpl  Read Replies (1) of 18137
 
hese times, and give you their finest "come in to our parlor" fills. For example, one
morning early this year when "Brazil news" hit, YHOO gapped down big(on the
open) many points (meeting some setup criteria I look for) and "I immediately
BOUGHT it on the ARCA ECN 1 point above the opening price (it proceeded to
scream upwards 30 points in a few hours). On Schwab's website, I entered a
market order at the same exact time, and was filled (was left hanging, and got the
news 45 minutes later) 10+ points up (I later was able to negotiate that fill down 5
pts with them, they are a very honest outfit when it comes to things like that). But,
that is typical of what can happen."

I did the same type of trade on DELL and CSCO that morning at the opening.I use Fido.Got filled 1/8 from the lows.

David
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