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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Esteban who wrote (5884)7/16/2000 5:51:11 AM
From: Patrick Slevin  Read Replies (1) of 7434
 
Oh.

I do not think you shall find the b/a to be accurate on any service, no matter what it says trades will often be outside the range. Even if it's correct the report of the last trade will often be outside due to the time delay as you noted already. The SnP moves too fast for accurate reporting I would imagine, insofar as it is not electronic from the start as the mini is. I try to trade it by anticipating the price.

I can check on BMI to see if it seems better than QCharts but it's an expensive service (by comparison to QCharts) to pay for that edge. I read a note on a listserver that lends credence to the rumor that BMI is not selling new subscriptions to it's service anyway. Preferring instead to direct people to eSignal. The way the rumor goes, BMI is shutting down it's cable and sat feeds in roughly 18 months. If I recall the rumor correctly, the cost of operations for BMI is too great to compete with the use of an Internet feed. I have no experience with eSignal. On the other machine (turned off at the moment) I have a few messages about it, but that's the gist of the rumor.

In any event, my hunch is that you aren't going to be happy with it no matter what you use. But again I would try bouncing it off Iqbal just to crosscheck.
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