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Strategies & Market Trends : Trading For A Living

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To: Eric P who wrote (1038)	8/1/1998 11:12:00 AM
From: TraderAlan	Read Replies (1) of 1729

Eric, The spreads have been wider on DELL, MSFT and even INTC. I have seen 5/16th several times on these. If you do intraday charting, you may also notice the COMP chart on 5 min bars is repeatedly gapping, demonstrating how quickly the big techs are being slammed up and down. I'd like to think it was the recent selloff but wonder how handling rules are affecting this. Im a low tech day scalper of nothing but 1k lots of the big 4. Recently my market orders are not getting executed for 2-4 min. The floor people at my broker advise the MMs are routinely taking stocks off automatic execution and delaying them into their manual queue. Each execution subsequently involves slippage. Sounds like a license to steal but don't know how widespead this is. Alan

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