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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.99+3.9%Dec 19 9:30 AM EST

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To: Hands Off who wrote (2429)12/23/1998 11:10:00 AM
From: Hands Off  Read Replies (2) of 56535
 
Schwab - more news

I traded out of MALL again today in the same type of fast market as yesterday where I got screwed but this time I got almost instant confirmation - so how did I do it?

Yesterday, through the Web, I put in a sell order for the same number of shares at the same time and got a 10 minute execution with a resulting $7.00 drop in price. Today, when I wanted to sell, I called the broker, paid the full commission, and got my price with less than 10 sec confirmation - while I was on the phone.

Moral, in these kinds of fast markets, forget the web and call the broker. But something is still fishy.

MAD

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