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Non-Tech : E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!)
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To: DD™ who wrote (116)1/20/1999 4:34:00 PM
From: Stanley L Brown   of 118
 
Info for all ETrade customers. If Etrade thinks different then I invite them to bring legal action against me! This afternoon while watching ONSL in realtime I noticed it falling, decided I wanted a little and placed a round lot limit order @ 45 1/2 the stock at the time had not broken below 45 3/4 but had fell pretty good to that point. Order was accepted and I sat watching. And as I had hoped it continued down to 45 1/2 and traded there for a few minutes. At one point the bid washed out (bid became 45 7/16, even though no trades took place at that price) it then returned to 45 1/2 and climbed back up to close at 46 1/8. I still have an open order for 45 1/2. THEY DO NOT REPRESENT YOUR ORDER TO THE MARKET!!!! I have seen this before and called and spoke with the morons at ETrade and the always have this shoeshuffle type excuse! There is no way they could have had my order represented to the market and the bid wash out and my order not be filled! Without canceling that order I market ordered and did indeed get shares at the high close even though realtime quotes at the time were lower than confirmation price! These people play your orders against you! Either learn to play with that knowledge or move on!

Happy Trading

Stan
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