Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (4627)	2/14/2001 8:02:17 PM
From: Jeff Jordan	Read Replies (2) of 6445

NYSE clowns! We haven't even been trading decimals a month and now we hear complaints they want to go from penny increments to nickels!...LOL 3cents is 1/32 6cents is 1/16 idiots! us ECN users have long used 1/256 to jump in front of 50K bidders etc....well I have learned now that 3/256 is a penny for all purposes....Cry babies so is it troublesome for me to compute penny increments to 256...yes it is! I only used to use them in increments of 1/8ths now I must compute every damn 3/256!!!! ok....here's a DOW stock AAM @ 1.70 does it trade 1.69-1.71 bid/ask? Hell no! it trades 1.31-1.76? or some nonsense the specialist try to steal from???? Bullshit! siliconinvestor.com Just an example why I hate NYSE....I to this day trade my NYSE stocks on island or redibook! I get my fill when I want and I pay less!!!! Crooks!.....now they want to change this system from penny increments to nickels??????????hey...go to .0625 and we can call it 1/16! unfreakenbelievable!

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