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Strategies & Market Trends : The Player's Club

SPY 681.53

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Dec 2 4:00 PM EST

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To: Bull RidaH who wrote (1142)	11/18/1999 1:19:00 AM
From: Gersh Avery	Read Replies (1) of 11513

Let me clairify .. There are two questions The first is what happins when the market blows past the limit before the SI time bar hits. The second is what happins when a replacement limit order is posted and the order being replaced triggers before the SI time stamp. In the second question the example that I posted to you had the first limit trigger within the bar that the replacement was posted for. Which limit was in effect then? In other words does the replacement limit take effect the first tick of the bar? I would guess that it does. (which would work against me here)

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