Well, I bought stock just before the close today. I wonder if tomorrow will be the same "at the open" nonsense. Perhaps one should enter sell orders before the market opens, so that at least you get executed on those, even if you can't get any servers to work in the morning. Where to set the price? I guess rely on your TA - of course, I hate not to be able to track the market in real time, and pull the trigger based on the action... especially that TA or no TA, the price could get affected by some piece of news that makes the stock or market move in a way that makes nonsense of the TA. So, maybe it's best to enter the order as close to the market as possible to discount any possible "coming news" - but be careful - f.ex. today, servers were unavailable already some time before the market opened.
All this assumes that when Datek is having these problems, it is a question of no access for their customers, not that they can't execute orders already put in earlier. But who knows.
This is what one is reduced to as a Datek customer - guessing games, leaps into the dark, flying blind, and general frustration.
Morgan |
