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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (25038)6/10/1999 11:27:00 AM
From: John Meade  Read Replies (3) of 44573
 
Patrick, Thanks. Ganns have worked great for me the past few weeks

Question: In your experience have you heard of or had the following happen; Today I went short at 1323, put a target in at 1317.10.
My feed showed it traded down to 1317.00 at 10:08 EST. I proceeded to do the typical amateurish chicken dance. Then after calculating the dollar amount in profit instead of points(another amateurish habit) and just before I was heading out the door for a game of (miniature) golf I had a momentary spasm of professionalism and decided it would be prudent to do an order check. Much to my dismay my broker told me that the exchange had cancelled all the trades beneath 1317.50. He told me the exchange has the right to change the official print for up to 15 minutes. So much for democracy!

When I ask if this has happened to you, I don't refer to Chicken dancing, dollar counting or miniature golf.

John
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