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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: xbrent who wrote (3172)5/20/1998 1:40:00 PM
From: musicguy   of 25711
 
What's the point of a limit order if the MM's dont have to fill it?
They are only required to fill market orders, and then only in a "prompt" manner. A market order placed when ask is 1 1/8 will NOT be filled till ask is 1 1/4... not quibbling over pennies, I am buying more, I am just always annoyed by MM tricks

MG
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