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Strategies & Market Trends : Position Trading Forum

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To: Junkyardawg who wrote (3625)	10/18/1998 12:36:00 AM
From: DayTraderKidd	Read Replies (1) of 7247

Lamar, I had the same thing happen to me last Friday. I bought xcit on Thursday so I could play there earnings announcement. Friday it opened a few point higher. I put in a stop sell. When the price of the stock fell below my stop it appeared that my online account did not execute my sell so I put in an additional sell at Market. As it turns out they also did a short on my second sell order. I feel fortunate enough to have been ontop of this from the beginning and xcit has fallen a few points since they did a short for me. My account is also not set up for shorting. I am not sure if you have any recourse or not. My question to you is did Waterhouse execute your trades on a timely fashion and just not post it to you or did they delay the executions? Peaceful

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