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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Tai Jin who wrote (6846)3/27/1999 7:40:00 AM
From: Eric P  Read Replies (1) of 12617
 
Tai:

I don't claim to be an expert on how to best use ISLD.

However, the only time I would ever want to place a bid above the inside ask in a stock is when the stock is rising rapidly. Conversely, if the stock is falling like a rock and I wanted to exit a long position, I might want to place an offer that is below the inside bid of the stock to execute against an ISLD order that I saw on the ISLD book.

-Eric
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