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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Esteban who wrote (5890)7/17/2000 1:55:53 PM
From: Patrick Slevin  Read Replies (1) of 7434
 
Scott pretty much has the concept. If you look at the pit it would not surprise me to notice that a contract is offered on one side for less than the bid on a contract on the other side.

I took a seminar with George Angell once; he said an order hit the floor with a one tick stop while he was there. The brokers laughed, and actually filled his stop before they filled his order. It's as close to the Old West as you might care to get. I don't see how the reporters could possibly keep up with the b/a info. By the time they type it into a machine it would have changed a dozen times.
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